The world is moving on from magnetic stripe payment cards, with one notable exception: the United States. Credit card issuers, banks and consumers agree the magnetic stripe is prone to hacking - so why is one of the largest markets for plastic payment still clinging to decades-old technology?
Prioritizing which parts of your business need to be fixed first is daunting and your day is likely preempted by account lockouts, breaches making headlines, and simply trying to answer your CEO’s questions, like “are we secure” and “how do we know?”
Watch this panel as we discuss how to use cloud-native...
Payment card security group PCI Security Standards Council has a new standard aimed at smoothing the contactless payment experience at retailers by ensuring that a single commercial device can process card data and a PIN. Consumers across the globe increasingly use contactless methods for payment.
The PCI Data Security Standard (PCI DSS) was established in 2006 by leading payment card issuers & is maintainned by the PCI Security Standards Council.
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What the 6 Major Principles of PCI DSS are;
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In the latest weekly update, ISMG editors discuss how organizations can comply with the new PCI DSS 4.0 requirements, whether other countries should follow the U.S. lead on legislating software bills of materials, and key strategies for CISOs preparing for an economic downturn.
The transition to PCI DSS v4.0 is a major inflection point for the payments industry – not only does it restructure how risk is assessed, but it also provides a better foundation for meeting ongoing technical innovation. While organizations with mature programs may need comparatively little uplift, all organizations...
Software point of sale or SoftPOS is a groundbreaking technology that allows businesses to accept card payments directly on their devices without requiring any additional software. As this payment method gains widespread adoption, what does it mean for the security of our payments systems?
The PCI Security Standards Council on Thursday released the Payment Card Industry Data Security Standard version 4.0. The latest version's improvements are intended to counter evolving threats and technologies, and the new version will enable innovative methods to combat new threats.
As new payment trends emerge, such as the surge in ecommerce during the COVID-19 pandemic, payment card standards also must change, says Jeremy King of the PCI Security Standards Council, who will be a featured speaker at ISMG's Virtual Cybersecurity and Fraud Summit: London on Oct. 20.
The need for enhanced business agility and secure remote access to support digital transformation has led to the adoption of the security access service edge, or SASE, model, says Rajpreet Kaur, senior principal analyst at Gartner.
Jeff Schilling, global CISO at Teleperformance, a Paris-based company offering digitally integrated business services worldwide, describes four principles for mitigating security risks for the remote workforce during the COVID-19 pandemic.
Troy Leach of the PCI Security Standards Council discusses how the shift to card-not-present transactions during the COVID-19 pandemic has created new fraud-fighting challenges and offers an update on pending standards revisions.
The latest edition of the ISMG Security Report offers an in-depth analysis of whether Instagram is doing enough to protect the contact information of minors. Plus: Compliance updates on GDPR and PCI DSS.
Many companies around the world that accept card payments are failing to continually maintain compliance with the PCI Data Security Standard, according to the new Verizon 2019 Payment Security Report. Verizon's Rodolphe Simonetti, who contributed to the report, explains the findings.
In December, PCI SSC plans to publish a new standard for solutions that enable "tap and go" transactions on merchant smartphones and other commercial off-the shelf mobile devices. Troy Leach, the council's CTO, offers insights on the role the standard will play in enhancing security for smaller merchants.