While fraud-fighting experts are debating the long-term impact President Obama's "BuySecure Initiative" will have on speeding EMV adoption in the U.S., they agree the president is drawing attention to the need for stronger card security.
In the wake of recent payment card breaches, President Obama is taking steps to speed the adoption of EMV cards. He's also calling on Congress to enact a national data breach notification law and announcing a White House summit on consumer cybersecurity.
Apple's new payments platform, Apple Pay, will launch on Monday, Oct. 20. The platform enables users to pay for items using several Apple mobile devices, including the latest versions of its iPads.
Alleged Russian hacker Roman Valerevich Seleznev, arrested earlier this year, is facing 11 additional charges tied to the theft of credit card information for later sale on underground "carding" websites.
Kmart has confirmed a breach that started in early September involving a "new form" of malware that infected the company's payment card systems. Find out the details surrounding the incident.
"Selling spyware is not just reprehensible, it's a crime," says a U.S. Justice Department official. So why are 245 local U.S. law enforcement agencies and prosecutors giving spyware away for free?
When the new Apple Pay mobile payment system launches in October in the United States, it could help improve payment security. This infographic reviews the system's features and how to put them to use.
The Modi government's "Jan Dhan Yojana" is ambitious, and security concerns are vast. Awareness, complexity and scope must be addressed, says Pervez Goiporia, vice president, IDM development, at Oracle India.
How banks and law enforcement can work together to fight global cybercrime was a hot topic at our Fraud Summit Toronto. And the discussion will continue at our Sept. 23 summit in London.
The new Apple Pay mobile payment system isn't going to kill credit cards. But when it launches next month in the United States, the system could help improve payment security. Learn how Apple Pay works.
What's the toughest challenge the U.S. faces when it comes to EMV? Randy Vanderhoof of the EMV Migration Forum points to getting POS software and terminals certified for EMV transactions. Find out what other hurdles he identifies.
While the new Apple Pay system is slated to debut next month in the United States, payment card brands say the system eventually will expand to some of the other 66 countries that already accept contactless payments.
Helping merchants deal with the growing threat of POS malware is one of the biggest challenges facing Troy Leach, CTO of the PCI Security Standards Council, who says the BlackPOS malware threat, in particular, "is keeping me up at night."
POS malware is today's big threat, but what next-generation attacks should merchants expect? Payment card security leaders met at the PCI Community Meeting this week to answer this critical question.
The PCI Security Standards Council has released an update to its guidance for merchants on protecting against card skimming attacks in POS environments that spells out best practices for addressing the latest attack scenarios.
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