Outsourcing to the cloud poses new risks, especially for card data. The PCI Council addresses those risks in its just-released cloud security guidance, and Bob Russo offers exclusive insights.
The compromise of hundreds of payment cards, apparently tied to fraud worldwide, has been linked to a network hack affecting an Arizona supermarket chain. And the attack involved a new kind of malware, the chain says.
Visa recently warned card issuers to be on the lookout for an upswing in ATM cash-out schemes. But what can be done to thwart this type of fraud? A Visa executive provides specific tips.
New PCI data security guidance for e-commerce advises merchants to step up compliance efforts in the online environment to ensure card data is protected across the payments chain.
Visa's alert to U.S. card issuers about increasing global ATM cash-out schemes should serve as a warning of bigger scams to come, says ATM expert Nicole Sturgill. Why are cash-out incidents on the rise?
Visa has warned U.S. payment card issuers to be on the lookout for global ATM cash-out fraud. What are the signs banking institutions should monitor to help detect, prevent and report these schemes?
Banks have improved DDoS defenses, but ensuring ongoing online reliability requires a more offensive measure - one that rids the Internet of vulnerable sites that can too easily be used for bot traffic.
As the Zaxby's restaurant breach investigation begins, the high-profile point-of-sale breach involving Subway restaurants has ended in a prison sentence for one of the four accused Romanian fraudsters.
The latest breach impacting card data: Zaxby's restaurant chain says computer and POS systems infected with malware and other suspicious files may have exposed account information at 108 locations.
Card security depends on a number of links along the payments chain, says Chase Paymentech's David Wallace. And when it comes to PCI compliance, merchants and business partners have to combine efforts.
In this newest banking fraud scheme, fraudsters use the customer service chat feature within the online banking platform to schedule fraudulent wires. How can institutions detect and prevent this scam?
Mobile attacks are on the rise, and banking institutions need stronger authentication and better defenses against out-of-band compromises. But what else should banks be doing in 2013? Experts weigh in.
Global Payments Inc. says its 2012 data breach has cost the payments processor $93.9 million. What is the breakdown of these expenses, and how has the breach impacted the company's business?
Peer-to-peer, near-field communications and barcode scans are revolutionizing mobile payments. What unique risks do these emerging technologies pose to banking institutions? Two FDIC executives offer insights.
Like the cartoonish Kilroy peeking his head over a wall during World War II, unemployment among IT security professionals has bared its head. But don't take these stats as gospel. The data suggest 'full employment' reigns in the infosec community of workers.
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