PCI

Plastic card fraud falls by 23%

The amount of fraud being committed on plastic cards across the country fell in the first half of the year, industry body Financial Fraud Action UK says.

PCI DSS Update Could Include Virtualization Security

PCI Virtualization Special Interest Group (SIG) is drafting guidelines and a mapping tool for applying PCI to virtualized systems.
Article link

PCI More Of A 'Check-Box' Than Security For Most Retailers

New survey shows less than one-third of small businesses are PCI-compliant, while 70 of large businesses are.

Smart Card Alliance: End-To-End Encryption Won't Stop Credit-Card Fraud

Industry association proposes contactless chip cards, says end-to-end encryption isn't enough.

‘The Analyzer’ Pleads Guilty in $10 Million Bank-Hacking Case

The Israeli hacker was arrested in Canada last year for allegedly stealing about $1.5 million from Canadian banks. But before Canadian authorities could prosecute him, U.S. officials filed an extradition request to bring him to the States.

Man charged with infecting 3,000 computers

A 20-year-old Australian man has been charged with infecting more than 3,000 computers around the world with a virus designed to capture banking and credit card data, police said Thursday.
Article link

National Retail Federation Poll: Small Retailers Struggling To Understand PCI

Nearly 86 percent are familiar with PCI, but nearly half can't demonstrate their compliance with the payment card standard.
Article link

PCI Security Council seeks industry comments on current standards

Retailers, financial institutions and others in the payment industry will be able to submit online comments between July 1 and Nov. 1 about how to improve the PCI DSS 1.2 standard, the PCI Security Standards Council (SSC) said this week. Over the next few months, the PCI SSC will hold two "community meetings" -- one in the U.S., the other in Europe -- where stakeholders can also weigh in.
Article link

Credit card council looks into cloud security

Cloud security is enough of a potential problem that it’s being investigated by the group that sets standards for protecting credit card data.
Article link

Heartland Earns Back Spot on PCI-Approved List

The move follows Heartland's successful completion of an annual assessment for compliance with the PCI standard, the company said in a brief statement released on Friday. Heartland had been dropped from the list of compliant vendors by Visa in mid-March following an investigation into the massive data security breach announced by Heartland in January.
Article link

Syndicate content