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?
Cash-out schemes will continue to impact organizations. What lessons can be learned from recent incidents, and what questions must be answered? Former federal prosecutor Kim Peretti shares insight.
At a time of unprecedented mobile device adoption - and evolving mobile security threats - 72% of organizations rate their state of mobile security as poor-to-adequate. This is the key point to emerge from the results of the Beyond BYOD: 2013 Mobile Security Strategies Survey, produced by Information Security Media...
Another organized cyber-attack and subsequent cash-out scheme illustrates increasing risks to the U.S. payments chain. One fraud expert says this trend "is of grave concern" for banking institutions and their accountholders.
A recent ATM cash-out scheme that netted $45 million puts a spotlight on the need for preventive measures, says John Buzzard of FICO's Card Alert Service. He offers several fraud mitigation tips.
When it comes to mobile banking and payments, security risks are similar globally. But Western institutions can learn from innovative solutions now offered in the East, says fraud expert Tom Wills.
How could global fraudsters steal $45 million from banking institutions without being detected or stopped? It was a process breakdown, not a technology failure, says fraud expert Avivah Litan of Gartner.
Attacks aimed at mobile devices are progressing much more rapidly than any attacks ever waged against PCs. Organizations are in danger if they don't pay attention, says anti-phishing expert Dave Jevans.
Gary Warner, a computer forensics researcher at the University of Alabama at Birmingham, says malware aimed at POS systems isn't likely to affect ATMs. But others say the threat to ATMs is viable.
In the aftermath of an international $45 million cyberheist and ATM cash-out scheme, experts say pinpointing the source of such a massive breach can be difficult. Why?
Malware attacks against retailers are becoming more common. Many breaches linked to these attacks could be prevented, experts say, if merchants took more steps to lock down networks and point-of-sale devices.
Why are ATM cash-out schemes expected to increase - especially in the U.S.? John Buzzard of FICO's Card Alert Service offers insights, based on federal investigators' most recent global fraud bust.
The Schnucks grocery store chain has confirmed it was attacked by "malicious computer code" that captured and compromised payment details associated with debit and credit cards used at its stores.
More hackers are attacking payment processors and merchants with enhanced malware to compromise credit and debit card data. What steps can be taken to thwart the threat?
New research says more than 25 percent of consumers hit by a data breach later become victims of identity fraud - especially when payment card information is exposed. Javelin's Al Pascual shares analysis.
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