US chip card debate heats up
26 April 2013 | Published by
The ongoing debate over the economic benefits of a mass-market migration to EMV chip cards in the US has heated up, with US retailers and a senior Fed staffer raising red flags over the anticipated impact on fraud levels.(more…)
Genesco Sues Visa Over $13 Million In PCI Noncompliance Penalties
March 14, 2013 | By
Retail giant Genesco is suing Visa over a fine of more than $13 million that the credit card firm exacted for noncompliance with PCI guidelines following a breach in 2010.(more…)
Washington University discovery could lead to more secure payments
April 6, 2013 | Published in
In the scramble to stay ahead of hackers, a somewhat random discovery made by Washington University scientists could play a role.(more…)
Oracle CSO trashes PCI rules
April 6, 2012 | Published in
In an unusual move, Oracle chief security officer Mary Ann Davidson has called on vendors of payment application software to join her company in opposing specific security vulnerability reporting requirements of the Payment Card Industry Security Standards Council.(more…)
Where PCI Went Wrong
March 2012 | Published in
“Compliance has become the goal of PCI, rather than data protection and fraud reduction. It’s high time that changed, says Mimi Hart.” (more…)
When A Breach Is Not A Breach
January 20, 2012 | Published in
“Any incident investigation initiated by the card brands under the PCI standards is going to focus on PCI compliance and not on whether or not the breach actually occurred.” (more…)
Rare Legal Fight Takes On Credit Card Company Security Standards and Fines
January 11, 2012 | Published in
“A small celebrity-friendly restaurant in Utah is finally doing what many merchants have only dreamed of doing for a long time — taking on a part of the payment card industry’s powerful but flawed system for securing card data by fining merchants for failing to secure their data.” (more…)
Where PCI Went Wrong
January 2012 | Published in
Compliance has become the goal of PCI, rather than data protection and fraud reduction. It’s high time that changed, says Mimi Hart. (more…)
