Speaking at a Federal Reserve Bank of Kansas City conference, Jerome Powell called EMV card deployment a step forward but questioned the security of cards that use signatures, not PINs, for authentication.
Visa and FireEye formed a partnership aimed at helping merchants and card issuers access threat intelligence and combat cyber attacks.
The Wall Street Journal reports that some of MasterCard's biggest issuers refused to back the breach settlement.
There's been quite a bit of lip service paid to the ages-old concept of information sharing, says Illena Armstrong, VP, editorial, SC Magazine..
Swapping out magnetic stripe payment cards for those equipped with computer chips is no small task, reports Karen Epper Hoffman.
A federal judge recently denied banks' motion to block the settlement, but now the deal has been nixed for different reasons.
Starbucks customers say auto-reload feature is being used to steal from their linked credit cards and bank accounts.
Trustwave also found that the Punkey threat family and NewPosThings share the same code base.
Trend Micro warns that the threat could spread, as the sole perpetrator of the attacks is selling the malware.
Trend Micro believes that point-of-sale malware attackers will increasingly target travelers.
A recent Verizon study found that regular testing of security systems was a compliance weak point for merchants.
The percentage of companies compliant with PCI DSS Requirement 11 dropped to 33 percent last year, a Verizon report found.
A new study from Javelin Strategy & Research has found that both the fraud rate and the amount of money lost to fraud decreased this year.
Unnamed attackers attempted to gain access to some Toys"R"Us reward program profile in January, prompting the company to send email notifications and request users change their passwords.
Brian Krebs uncovered that a third parking service has been targeted by the same cybercriminals that hit Target and Home Depot.
A Georgia judge ordered Home Depot respond to class-action lawsuit allegations surrounding the retailer's major data breach this past summer by July 2015.
As we all gear up for the holidays with plans to purchase any number of items online, cyberthieves too are gearing up with more and more creative ways to steal money, credentials and critical data from any number of organizations.
Phishing emails are made to look like order confirmations from major retailers, like Best Buy, Target and Walmart, security firm Malcovery warns.
The National Association of Federal Credit Unions is asking Congress to establish national data breach and notification standards for retailers.
The FBI and Homeland Security's US-CERT team have both warned that online scams, taking advantage of the holiday shopping frenzy, will be plentiful this season.
Damballa observed the spike in infections, which followed a Backoff peak in Q3.
Vladimir Drinkman, who was charged for his involvement in the Heartland breach, is currently in the Netherlands.
A new study found that consumers are becoming more aware of security procedures at retailers after breaches have dominated this year's news cycle.
Researchers at Fortinet detailed the new variant on Monday, and urged businesses to keep their AV up to date.
Apple's iPhone 6 and iOS 8 offer encryption for mobile users, but a focus on consumers can create security conundrums, reports Lee Sustar.
The guidance, developed by a PCI Special Interest Group, will help merchants educate staff on protecting cardholder data.
We're in the age of the customer. Empowered buyers are demanding a new level of customer obsession, and bring-your-own-everything is accelerating.
A Canadian is leading a $500 million class-action lawsuit against Home Depot following its data breach in which up to 56 million US and Canadian credit cards were stolen.
Roman Seleznev is now charged in a 40-count indictment brought by a federal grand jury in Seattle.
A slide of a card at a POS system sure is convenient, but given last year's Target data theft and recent headlines about the Home Depot breach, some are questioning the safety of transactions.
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SC Magazine Articles
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