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?
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.
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?
New exploits linked to Apple Pay aren't compromising the mobile device's security, but instead are taking advantage of lax authentication practices used by banking institutions to verify cards that are loaded to the iPhone for Apple Pay purchases.
NACHA is already laying the groundwork that will help make the Federal Reserve's faster payment plan a reality while ensuring security and reducing fraud, says Jan Estep, NACHA's president and CEO, in an exclusive interview.
The White House Summit on Cybersecurity and Consumer Protection late last week served as the stage for more than a dozen companies and trade groups to announce new initiatives aimed at securing Internet transactions and payments and reducing fraud.
On the heels of the FFIEC's new business continuity guidelines, Deputy Comptroller Beth Dugan hints that new guidance related to cybersecurity risks affecting payments and mobile transactions may be coming.
Visa executive Kimberly Lawrence contends that the ongoing U.S. migration to EMV is progressing more rapidly than in other markets that have made the transition, requiring outside-the-box rules for debit transactions and cardholder verification.