The Heartland Payment Systems and Network Solutions data breaches have thrust the Payment Card Industry Data Security Standard (PCI DSS) into the spotlight, raising the question: Does PCI compliance help in the fight against fraud?
David Taylor, founder of PCI Knowledge Base, recently administered new research on...
The targets are getting bigger, the fraudsters bolder, and we all have a whole lot more at stake to lose.
This is the message from Mary Monahan, Managing Partner and Research Director at Javelin Strategy & Research. In a discussion of current data breach trends, Monahan touches upon:
How breaches in 2009 are...
The announcement by federal prosecutors that three hackers have been indicted for the Heartland Payments System breach comes a week before the payments processor faces a judge in federal court over two class actions suits.
In response to the indictments, information security experts say this activity might...
The Department of Justice and federal prosecutors on Monday indicted a Miami, FL man in connection with the biggest credit card data breach on record -- the theft of 130 million card numbers from Heartland Payment Systems, along with two other recent high-profile hacks, Hannaford Brothers and the 7-Eleven data...
Two US banks recently reissued new credit and debit cards to Massachusetts customers after a data breach at an unnamed merchant.
Bank of America and Citigroup both issued replacement cards and notified customers that their account numbers may have been compromised.
The recent data breach at Internet domain administrator and host Network Solutions compromised more than 573,000 credit and debit cardholders and begs the question: What more can be done to secure such systems? The incident also raises new questions about the Payment Card Industry Data Security Standard (PCI).
Heartland Payment Systems Inc. (HPY), the nation's sixth-largest payment processor, reports a loss for the second quarter because of a $19.4 million charge to settle claims and legal fees related to the security breach revealed earlier in January
This one was almost predictable.
We were just days away from Aug. 1, the date after which the Federal Trade Commission (FTC) would start enforcing compliance with the Identity Theft Red Flags Rule.
Then came the announcement from the FTC that it's going to extend the deadline. Again.
A data breach at Internet domain administrator and host Network Solutions has compromised personal and financial data for more than 573,000 credit and debit cardholders. To add more pain to the breach, Network Solutions says it was PCI compliant at the time of the breach.
If there's one thing I've learned about information security professionals, it's that they come in multiple flavors.
Yet, increasingly today, you want people who can run security like a business, feel comfortable in maintaining a seat at the table and are willing to work with changing governance
Advice for those banking institutions still weighing whether to get into the mobile game: Do it. Now.
There are new customers and deposits to gain via mobile, say industry observers. And an added bonus: Mobile customers can prove more profitable than traditional bank customers. These are just two of the trends...
Looking for summer reading?
Just finished a new book, "Late Edition," by one of my favorite writers, Bob Greene. This is a touching, often funny memoir of Greene's days as a newspaper rookie in Columbus, Ohio in the 1960s.