Tom Oscherwitz says consumers put themselves at risk by giving out too much personal information that is often used for online banking log-in credentials.
Visa says a move toward EMV can help merchants cut PCI compliance costs, and SWIFT says globalization, regulation and the introduction of new services from non-financial providers will set the tone for payments 2011.
Visa's Eduardo Perez, head of Global Payment System Security, says the EMV chip is an ideal dynamic data technology, but mobile and others offer similar security benefits.
Consumer fraud trends suggest banking institutions will lead the fight against ID fraud, and international regulators are taking closer looks cross-border payments and money laundering.
One community bank shares its side of the corporate account takeover story, and a new survey finds that security compliance reduces long-term expenses.
NACHA's CEO says ACH-related fraud is often over-hyped, and occurs far less often than check- and payment card-related fraud. But when corporate accounts are breached, fraudulent ACH transactions lead to big financial losses.
Sheryl Rose, the first chief information security officer at Catholic Health Initiatives, is leading efforts to implement a comprehensive security strategy as the organization rolls out electronic health records.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing cuinfosecurity.com, you agree to our use of cookies.
