Even though the U.S. is migrating to the EMV chip, Visa is still stressing the need for merchants to comply with the PCI Data Security Standard, says Eduardo Perez, the card brand's senior vice president of payment risk, in this video interview.
The recent data breach at U.K.-based telecom company TalkTalk illustrates that breach risk mitigation is a critical issue worldwide. PCI's Jeremy King, who will be a featured speaker at ISMG's Fraud Summit London on Oct. 27, explains why European data security is getting more scrutiny.
If the Chinese government hacked the U.S. Office of Personnel Management for espionage purposes, then the U.S. government's $133 million contract to provide ID theft monitoring services is a waste of money. Instead, the agency could have used the funds to safeguard its systems against future attacks.
Policymakers must consider three factors before imposing sanctions in retaliation for state-backed hacks: Confidence in its attribution of responsibility, the impact of the incident and the levers of national power at a state's disposal.
Prosecutors love to tell judges that sentences for hackers and cybercriminals must be strong enough to deter future such crimes. But as the case of Silk Road mastermind Ross Ulbricht shows, they've failed to make the case for deterrence.
Five best practices noted in version 3.0 of the PCI Data Security Standard will become requirements after June 30, with remote access and third-party risks the key focus - particularly for smaller merchants.
The PCI Council has just released PCI DSS 3.1, which calls for mothballing the SSL encryption protocol. What do security leaders need to know about the revised standard? Troy Leach of the council offers insights.
The PCI Security Standards Council has published a new version of its data security standard that calls for ending the use of the outdated Secure Sockets Layer encryption protocol that can put payment data at risk.
Troy Leach of the PCI Security Standards Council says data security standards are not failing; they just aren't being applied continuously. And conformance with the Payment Card Industry Data Security Standard is just one piece of the puzzle.
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?
Although breaches affecting U.S. retailers are widely reported, Verizon's new PCI Compliance Report shows increases in the theft of payment card data and other personal information span numerous industries in all international markets.
Data breaches are inevitable, hence it's up to executives to ensure their enterprise is secured, without trying to encrypt everything, warns Prakash Panjwani, president and chief executive officer of SafeNet.