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.
Apple has announced a new payment feature known as Apple Pay for its latest iPhones that uses NFC technology to conduct transactions. Security and payment experts say the move eventually could help improve payment security.
A Twitter chat featuring Gartner's Avivah Litan offered a lively discussion of numerous fraud-related issues, including card breaches, weak authentication and the need for mobile scrutiny. We'll host more chats soon.
The Office of the Comptroller of the Currency has released revised guidance about what banking institutions should do to address risks associated with merchant processing. It's the latest call to action from regulators in the wake of card breaches.
More than 1,000 U.S. businesses have likely been infected by Backoff, a new point-of-sale malware linked to numerous remote-access attacks, according to an Aug. 22 advisory from the Department of Homeland Security.
Visa's new intelligent analytics service aims to help gas stations reduce card. But experts say the service could reduce fraud for other merchants, too, and bridge the gap between the mag-stripe and EMV.
The PCI Council has unveiled new guidance for mitigating payment card risks posed by third parties. Troy Leach, the council's CTO, explains how banking institutions and merchants can put the guidance to use.