"We are training organizations to become more security focused and get them away from the check box mentality," says Jeremy King of the PCI Security Standards Council, describing the group's new approach to increasing PCI awareness globally.
Pay-at-the-pump card skimming is back, just in time for spring break; and Editorial Director Tom Field shares thoughts from Phoenix about BAI's recent Payments Connect conference.
Banking/security leaders aren't crazy about banking regulators telling them they could have done a better job detecting ACH fraud, and they're eager for more specific guidance on what to do going forward.
"More and more consumers are using PIN debit at the pumps, so this makes for a rich harvest for the criminals," says John Buzzard of FICO's Card Alert Service.
Skimming remains the top threat to ATMs worldwide, but certain regions in Europe and Latin America are also seeing a rise in logical security breaches. Bottom line: ATMs are under attack.
In today's world, where certain data must be let in so governments and businesses can realize their missions, firewalls must be able to see the content flowing through networks, NIST Computer Scientists Tim Grance and Murugiah Souppaya say.
The National Credit Union Administration has placed Land of Enchantment Federal Credit Union of Santa Fe, N.M., into liquidation. Guadalupe Credit Union of Santa Fe, N.M., purchased and assumed Land of Enchantment's assets, liabilities and members.
The average cost of a data breach increased 5 percent in 2010 to $214 per compromised record, according to the sixth annual "U.S. Cost of a Data Breach" study by the Ponemon Institute.
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