Our inaugural Fraud Summit on Oct. 22 at the Meadowlands in New Jersey will feature an impressive lineup of information security leaders offering timely insights about practical risk mitigation strategies.
Vermont's $30,000 settlement with a breached retailer proves states can play an important role in holding retailers more accountable for losses associated with card fraud, and issuers should take notice, one banker says.
Mitigating card risks associated with retail malware attacks and POS vulnerabilities is a focus of updates to the PCI Data Security Standard, say Bob Russo and Troy Leach of the PCI Security Standards Council.
Version 3.0 of the Payment Card Industry Data Security Standard, to be released later this year, will include a focus on the standardization of compliance assessments, says Bob Russo of the PCI Security Standards Council.
Educating customers about financial fraud and scams is not a nice-to-have; it's a necessity. If your customers won't protect themselves, then no campaign your organization puts forward will succeed, says BankWest's Patti Broer.
How were four Russians and a Ukrainian allegedly able to steal more than 160 million payment card numbers from corporate networks over seven years? An indictment announced by U.S. Attorney Paul J. Fishman provides details.
Federal authorities announced indictments this week in a massive fraud scheme involving 160 million payment cards. Here is a rundown on the businesses affected by those attacks, and the data that was compromised.
Frustration over the growing number of retail breaches is heating up. See what our readers had to say after the malware attack that hit MAPCO Express, and why they believe PCI compliance isn't enough to ensure security.
The apparatchiks at the Kremlin think they're clever sorts with plans to replace computers with typewriters to prevent the American e-spies at the National Security Agency from hacking into Russian intelligence systems.
Losses linked to retail breaches have fueled class action lawsuits on behalf of consumers. But Javelin's Al Pascual says banks are soon likely to take legal action, too, in breach cases that expose cards and lead to fraud.
New payments technology, such as mobile and emerging e-commerce transactions, is posing challenges for PCI compliance, says the Standards Council's Jeremy King. What are the greatest risks to card security?