The Secure Payments Task Force was established by the Federal Reserve Bank in 2015 in part to determine areas of focus and priorities for future action. Jim Cunha, a member of that task force, talks discusses how to advance payment system safety, fight fraud and ensure resiliency.
As mobile payments continue to grow in South Africa, it's important that application developers build security into their apps and correctly implement tokenization standards, says Jeremy King, international director of the PCI Security Standards Council.
With the explosion of laptops, IoT, tablets, smartphones and other smart technologies, endpoints are the single largest group of devices inside your network today. Managing all of your assets and their software requires three foundational steps.
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.
Developing nations that are moving to digital payments, especially for the unbanked, need to keep in mind security lessons already learned in other markets, including Europe, says Steve Marshall, founder at Risk-X, a U.K.-based audit and risk assessment consulting firm.
The FBI has arrested the CEO of the Canadian smartphone service Phantom Secure on charges that he and four other suspects ran an encrypted telecommunications service used by more than 20,000 customers to facilitate illegal activities, including international shipments of cocaine and other drugs.
If you browsed the latest security headlines, you'd probably think the majority of data breaches were related to hackers, political activists, malware or phishing. While the latter two hint at it, the truth is that nearly half of all data breaches can be traced back to insiders in some capacity.
President Donald Trump has blocked a bid by Singapore's Broadcom to acquire U.S. chipmaker Qualcomm on the grounds that it could impact national security, including the United States' ability to help shape future mobile telephony standards.
As banking institutions of all sizes maximize their digital channels, there is growing tension between the need to prevent fraud and the desire to maintain a frictionless customer experience. IBM Trusteer's Valerie Bradford discusses how to defuse this tension.
Blockchain technology already underpins the boom in cryptocurrencies, but it is also being rigorously tested and developed for other applications, including identity and access management. Such projects could make personal data easier to secure and less vulnerable to data breaches.
Leading the latest edition of the ISMG Security Report: Inside the darknet marketplaces that serve cybercrime-as-a-service buyers and sellers. Also, why the healthcare sector remains so bad at detecting data breaches and blocking ransomware.
Fitness app and website developer Strava has landed in hot water after publishing a global heat map that shows users' workout routes in aggregate. By doing so, the firm has inadvertently revealed military installation layouts and other sensitive information.
The U.S. government's idea to take the reins of the development of 5G mobile networks has been met with cynicism and criticism. But there are goods reasons the government is worried: Standards haven't been set in stone yet, and 5G will present a bevy of new security challenges. Here are some of them.
BlackBerry mobile devices have become a rare sight. But drivers of Audi, GM and Mercedes vehicles may be using the company's embedded operating system in their cars, and with a new tool called Jarvis, BlackBerry is also making a play to secure the code used to drive autonomous vehicles.
We are amidst a new "machine identity crisis," says Jeff Hudson, CEO of Venafi. And unless we tackle this growing challenge of how to secure machine-to-machine communication, then enterprise IT and security departments are likely to be overwhelmed.