The PCI Security Standards Council envisions a single, globally-unified data security standard. Now that the European Card Payment Association is a strategic regional member, that goal is significantly closer, says Jeremy King, the council's international director.
In a lawsuit, two small merchants say they, and many other retailers, are unfairly being forced to pay fraud-related expenses as a result of the EMV liability shift even though they converted to EMV technology by the card brands' deadline. Fraud prevention experts analyze the implications of the case.
A new report suggests that a Chinese cyber espionage APT attack group is behind a string of targeted ransomware infections that have slammed U.S. firms. Dig into the details, however, and the report is nothing but speculation, two security experts caution.
Blockchain technology used by bitcoin and other cryptocurrencies offers opportunities for enhanced authentication and ID management, as well as cross-border money remittances, says Ben Knieff of the consultancy Aite. But he contends it's not clear that the technology could play a role in faster payments.
A thriving market now exists to help cybercriminals recruit new talent, says Rick Holland of the threat intelligence firm Digital Shadows, which has been studying how cybercriminals advertise for new recruits - and the types of technology skills that are most in demand.
The PCI Security Standards Council will soon release an update to its PCI Data Security Standard, requiring the use of multifactor authentication for administrators who have access to card data networks. In an interview, the council's Troy Leach explains the new requirements and compliance expectations.
Who's right: Apple or the FBI? Our readers continue to debate a magistrate judge ordering Apple to help unlock an iPhone tied to a San Bernardino shooter, raising such issues as strong crypto, backdoors as well as legal and moral responsibilities.
Security experts are warning that Chinese networking product manufacturer TP-Link has been shipping routers with a WiFi password that's based on their MAC address, thus making their passwords easy for would-be attackers to sniff.
Here's why the acquisition of rival threat-intelligence firm iSight Partners by breach investigation heavyweight FireEye makes sense, and why market watchers predict that other stand-alone intelligence firms will soon get snapped up.
BankInfoSecurity announces its fourth annual list of top influencers, recognizing leaders who are playing significant roles in shaping the way banking institutions and financial services companies approach information security.
The FFIEC's Cybersecurity Assessment Tool is already being integrated into regulators' cybersecurity examinations, says Gartner analyst Avivah Litan. But the tool has so far led to more confusion than clarity, she says, and must be enhanced in 2016.
Four years after European criminals exploited EMV implementation vulnerabilities to steal an estimated $650,000, security experts say not all banks have adopted full fixes. But the payment card industry contends related mitigations are in place and working.
Adobe is warning Flash users to update their software immediately in the wake of zero-day attacks that can enable attackers to take full control of vulnerable systems. This year, Adobe has patched 316 bugs in Flash. Is it time for the plug-in to die?