New PCI requirements that go into effect June 30 are pushing payment card acquirers, processors, gateways and service providers worldwide to implement more secure encryption protocols for transactions. But are they ready?
As payment card fraud schemes continue to evolve, the PCI Security Standards Council has to recalibrate its standards and programs, says Troy Leach, the council's CTO, who describes three key updates.
Security experts analyze the potential impact of recently announced changes to the PCI Security Standards Council's Qualified Integrators and Resellers Program that are designed to help smaller merchants prevent breaches.
A new standard from the PCI Data Security Standards Council could help ease the way for smaller merchants worldwide, especially in developing nations, to move to cashless payments using a variety of devices, says Troy Leach, CTO for the council, who spoke last week at a conference in South Africa.
The PCI Security Standards Council is offering 40 percent lower fees for participating organizations in nations with lower-income economies. "We want to encourage countries in Africa and South Asia to get engaged with us," Jeremy King, international director at PCI SSC, tells ISMG in an exclusive interview.
A one-off approach to PCI DSS compliance often results in increased risk factors by creating discrepancies in security levels between environments within the shared network. Such an approach can be overcome by focusing on a central governance, risk, and compliance program designed to manage your organization's own...
The PCI Security Standards Council is creating a payments software framework, including two new standards that can evolve as the software rapidly changes, Troy Leach, the council's CTO, explains in this in-depth interview.
Global hotel chain Hilton has reached a $700,000 settlement agreement with New York and Vermont over two separate data breaches discovered in 2015 that exposed more than 360,000 payment card numbers.
Verizon has made a strong case for continual PCI DSS awareness with its new study of payment card data security. But like many vendors that conduct their own studies supporting their business cases, Verizon makes suspect logical stretches.
Regulated industries such as financial, healthcare, pharmaceutical, and insurance organizations are under pressure to advance their business by using social media. But how will the regulatory guidelines for social media communications set forth by FINRA, the SEC, FFIEC, and the FDA impact these activities?
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Fraudulent social media brand pages are often used for phishing, malware, and other scams which negatively impact your customers and damage your brand reputation. How can organizations take action against these accounts?
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Identify fraudulent accounts;
Create an organized...
The FBI, Gartner, and many other security analysts cite social media as one of the fastest growing security threats. That is why it is important for security teams at organizations with a significant social media presence to gain an understanding of this new attack surface and develop a plan to protect the...
Social media account takeovers have become synonymous with embarrassing headlines that feature well-known companies and figures. If your organization has a prominent account, cyber attackers will see you as a ripe target.
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How these takeovers are possible;
Why the complexity of...
Little has been done to address the social media hacking problem despite continued headlines. Most organizations lack the protective countermeasures or the expertise to mitigate risk and respond to incidents. Few companies know how to re-gain control after an account compromise or how to prevent an attack in the first...
The ongoing struggle to protect sensitive credit card data will continue to escalate. One of the requirements used to tackle this problem is the Payment Card Industry Data Security Standard (PCI DSS). However, one of the biggest challenges for PCI DSS compliance initiatives is treating the standard as a unique and...
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