May 01, 2012 Added by:Ben Kepes
Banks sit on a far higher level of the trust spectrum than do companies like Google and Apple – at least in consumers minds. A study commissioned in 2010 that found that telecoms were seen as the second most trusted group, after banks, for securing personal information...
April 25, 2012 Added by:Wayde York
While I was talking to the bank operator, I tried to login to my account and when I put in the username/password, I couldn’t get in. The bad guys had changed my login, or so I thought. Red lights were flashing and the bulk of my security expertise poured in to the rescue...
April 23, 2012 Added by:Christopher Burgess
Certification of compliance demonstrates that at that given point of time the entity was in adherence to the PCI standards. The threat landscape is dynamic and ever changing requiring those entrusted with our data to take steps beyond compliance to protect that data...
April 10, 2012 Added by:PCI Guru
The merchant is left to their own devices to know whether any of these mobile payment processing solutions can be trusted. I am fearful that small merchants, who are the marketing target of these solutions, will be put out of business should the device somehow be compromised...
April 06, 2012 Added by:Jon Long
There is nothing that changes faster than technology, and if you are not ahead of it, you are ancient history. Within the category of technology, security is at the forefront of rapid change, and there is nothing more critical to ensure that we understand as auditors...
April 04, 2012 Added by:PCI Guru
Most financial institutions purchase their software applications from third party development firms. With all of the regulatory changes going on in the financial institution industry, these software firms have been focused on those regulatory changes and not PCI compliance...
March 23, 2012 Added by:Allan Pratt, MBA
The types of personal information companies collect and share depends on the product or service you get from them. This info can include: Social Security number and income, account balances and employment details, and credit history and transaction history...
March 13, 2012 Added by:Robert Siciliano
Handset manufacturers, application developers, and mobile security vendors continue working to improve mobile security. Banks are offering a consistent sign-on experience for both their online and mobile channels, including multifactor authentication programs for mobile...
February 01, 2012 Added by:Robert Siciliano
Visa has announced plans to accelerate the migration to EMV contact and contactless chip technology in the United States. The company intends to encourage investments in infrastructure necessary to accept and process both new forms of payment technology...
January 10, 2012 Added by:Robert Siciliano
“The guidance is an important reinforcement of several critical ideas: Fraud losses undermine faith in our financial system. Fraud tactics evolve constantly and the tools that combat them have to evolve as well. The guidance provides a perspective..."
January 08, 2012 Added by:Danny Lieberman
The biggest vulnerability of PCI DSS is that it’s about 10 years behind the curve. When people in the PCI DSS Security Council in Europe confess to never having heard of DLP and when the standard places an obsessive emphasis on anti-virus, you know you're still in Kansas...
January 05, 2012 Added by:Robert Siciliano
The FFIEC updated security guidelines go into effect in less than a month. It is imperative that financial institutions recognize that the security precautions currently in place are ineffective in the face of new, more sophisticated attacks...
December 22, 2011 Added by:david barton
Just when I thought things were getting better, along comes a press release that is wrong on so many levels I don’t even know where to begin. First, SSAE 16 is not a certification. Secondly, SOC 2 is totally unrelated to SSAE 16, which is specific guidance for conducting SOC 1 reviews...
November 22, 2011 Added by:Headlines
"With banks and financial institutions expanding this service to a retail customer base that often undergoes less stringent due diligence than do their commercial customers, is the potential for fraud increasing?"
October 20, 2011 Added by:Infosec Island Admin
The SOX Compliance series is targeted at a focused group of senior level executives to maintain an intimate atmosphere for the delegates and speakers. Since it is not a vendor driven conference, the higher level focus allows the delegates to network with their industry peers and speakers...
October 11, 2011 Added by:PCI Guru
If Visa were to work with the industry to produce a common API for EMV and contactless cards with PIN online, that would drive adoption of more secure cards in the US because there would be a business reason for adoption. Without such a driver, they are still a solution looking for a problem...
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