After complaints from merchants and an update from the Fed, Visa has modified debit routing rules, noting that merchants can route U.S. EMV debit transactions through any of more than a dozen available networks, and not just Visa's. The move could have implications for chip-and-PIN use.
What does the title National Protection and Programs Directorate mean to you? It's not so clear, unless you are familiar with the Department of Homeland Security's organizational chart. To clarify its mission, the House has voted to rename - and revamp - the DHS agency.
With at least 20 billion new consumer devices set to be internet-connected by 2020, initiatives in the U.K. and California are trying to ensure that as many IoT devices as possible will be out-of-the-box secure, for starters by not shipping with default passwords.
Does social media fuel toxic politics and racial tension? We're still in the early of days of understanding the long-term effects of social media on society, but the early signs aren't good. It's time for social networks to take moral responsibility for content on their networks - even if they don't want it.
Cybercrime is a business and, like any business, it's driven by profit. But how can organizations make credential theft less profitable at every stage of the criminal value chain, and, in doing so, lower their risk?