As the U.S. completes its payments migration to the EMV chip, merchants and card issuers should be bracing for an uptick in card-not-present fraud, says Carol Alexander, head of payment security at software provider CA Technologies.
A class-action suit filed by U.S. banks and credit unions that's pending against Target could prove fruitful for the banks and credit unions, says attorney Chris Pierson, chief security officer at invoicing and payments provider Viewpost.
Point-of-sale systems provider Harbortouch Payments has confirmed that it recently identified and contained a malware breach that affected "a small percentage" of the merchants that it serves.
As the House prepares to vote this week on two cyberthreat information sharing bills, their fates will rest as much on the White House's reaction to the proposals as on what happens in Congress.
Target has agreed to pay a total of up to $19 million to issuers of MasterCard payment cards over losses and expenses they incurred as a result of the retailer's massive 2013 data breach.
High-profile security breaches globally have had a cascading effect on Indian organizations. Intel Security's Chris Young discusses how Indian security practitioners must shift to a resilient security model.
The Target breach was the hot topic for many RSA 2014 attendees, but Gartner's Avivah Litan was already talking about the next Target - a UK retailer that may have suffered a similar hack, exposing payment card data.
Experts debate the value of new PCI guidance for how businesses should use penetration testing to identify network vulnerabilities that could be exploited for malicious activity. Does the new advice go far enough?
To help take down global "carding" rings, the U.S. Justice Department wants to expand current law so it can prosecute those who commit fraud anywhere in the world that involves U.S. payment card data.
While the Indian finance ministry has announced incentives for banks to curb cash transactions and encourage the use of payment cards, security experts caution CISOs about authentication and fraud risk.
Target Corp.'s pending settlement of a consumer class action lawsuit is more about public relations than compensating victims, some observers say. But will it have an impact on a pending suit filed by banks?
Apple has unveiled its long-awaited Apple Watch, which the company will begin shipping in nine countries on April 24. Security experts highlight the use of Bluetooth and Wi-Fi as potential security concerns and discuss other security-related issues.
Mandarin Oriental Hotel Group and Natural Grocers are two of the latest merchants to confirm breaches of their point-of-sale systems. Security experts analyze the impact these breaches are likely to have on issuers and cardholders.
A recent blog about payments security generated a spirited debate about the current state of merchant security, why card breaches continue to be an issue and EMV's impact on fraud.
NPCI's new unified payment interface for smartphones aims to simplify mobile money transfer through a single interface. But can it truly ensure a secure transaction through single-factor authentication?
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