FreedomPay unveils PCI-certified P2PE tech for merchants

Commerce platform FreedomPay has unveiled what it says is North America’s first PCI certified fully functional, point-to-point encryption payment technology as part of its cloud-based FreedomPay Commerce Platform.

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Backoff is the new standard by which other malware will be judged

Every now and then, hackers develop a piece of malware that is so insidious, it changes the landscape of computer security. While there are many contenders for this dubious list, CodeRed, Zeus, and now Backoff are certainly worthy of inclusion.

Summit to take a deep dive into the future of ATM and mobile technologies

The second annual ATM & Mobile Innovation Summit in September will feature experts with exceptional depth of knowledge in areas of innovation, security, compliance and regulation.

What host card emulation means for mobile payment security

The EMV card is a physical asset that provides security via encryption. The next step is to duplicate this security virtually.

Retailers launch comprehensive cyber intelligence sharing center

The R-CISC is an independent organization, the centerpiece of which is a Retail Information Sharing and Analysis Center (Retail-ISAC).

Learning from Heartbleed: 5 ways online retailers can stay safe and ready

Even with protections in place for standard security events, online retailers must understand that Heartbleed was truly an acute event.

ATM & Mobile Innovation Summit to explore Bitcoin, mobile payments

At the Sept. 10-12 event in D.C., speakers from across the payments ecosystem will discuss the future of the industry.

The collateral damage of a retail data breach

Effects of a breach go well beyond just the financial impact.

Report says Target knew about the data breach, but did nothing

The retailer had a working anti-malware system in place before the breach, but it was ignored.

Retailers commit to collaborative approach to reduce fraud

NRF said retailers are willing to do their part, but banks and card companies must also shore up the payments system.

Target, Neiman Marcus feeling the pain of data breaches

Target has lost nearly 85 percent of its brand equity on the values of trust and security.

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NEWS


Companies partner to expand WordPress e-commerce capabilities

WooThemes and 2Checkout collaborate to offer online payment technology in nearly 200 countries to accept payments in 26 currencies.

Supervalu the latest brand to report data breach

The company doesn't specify that PIN numbers were stolen, but refers to 'other numerical information' in the announcement that its POS system was compromised.

Research: 'Preparing for 2015: The Year of the Liability Shift'

A new Mercator research note explores factors influencing the willingness, motivation and speed of payments players in implementing EMV technology.

Target takes a Q2 hit of $148M in costs from data breach

The figure includes estimated probable losses for what the company believes to be 'the vast majority of actual and potential breach-related claims,' including claims by payment card networks.

The latest payment breach victim may be Goodwill Industries

Brian Krebs, the noted security blogger whose recent claim to fame was breaking the news of the Target breach, reports in his blog that banks are reporting a series of breaches at Goodwill stores across the country. Goodwill Industries International operates 165 thrift stores in the U.S. and Canada.

Globally 3 in 10 consumers don't trust retailers with securing their data

A global fraud study of more than 6,100 consumers across 20 countries has revealed distrust among global consumers in retailers to protect their data. The new study, "Global Consumers: Concerned and Willing to Engage in the Battle Against Fraud," is...

Payment security data breach trends to receive scrutiny at September summit

Massive data breaches have raised questions about how to better protect consumers' personal and payment data. This will be the focus of a general session at the second annual ATM & Mobile Innovation Summit in September.

Survey says 45 percent of shoppers don't trust retailers to keep their data safe

Retail marketing firm Interactions has released its third Retail Perceptions trend report, "Retail's Reality: Shopping Behavior After Security Breaches." According to the report, 44 percent of shoppers surveyed have had personal information stolen from a security breach. The risk is...

Online course aims to eradicate employees' unsafe computing habits

The PCI Security Standards Council has teamed with Security Essentials to create a program designed to help businesses establish a culture of security.

Apple share of mobile POS dropped 15.5 percent in Q1

While the overall market for mobile POS is growing, Apple's share dropped to 56 percent in Q1 2014, down 15.5 percent from its Q4 2013 share of 66 percent.

Sam's Club claims 'first' among major retailers with move to EMV

Sam’s Club is set to become the first mass retailer to implement EMV chip-enabled technology, according to an announcement this week from MasterCard. The co-branded cards will be issued by GE Capital Bank. “MasterCard has taken a strong stance on the need for the U.S.

PCI Security Standards Council seeks proposals for 2015 special interest groups

The PCI Security Standards Council has announced the start of the PCI special interest group proposal period for 2015 projects. Beginning today through July 7, PCI participating organizations and members of the assessment community can submit ideas by filling out...

NRF announces cybersecurity initiative

The National Retail Federation is moving forward with the creation of a program that will provide retailers access to information on cybersecurity threats identified by retailers, government and law enforcement agencies and partners in the financial services sector. The program,...

VeriFone unveils its first handheld EMV-capable payment terminal with Bluetooth, 3G radio and Wi-Fi

VeriFone Systems has announced the VX 690, its first handheld EMV-capable payment terminal featuring Bluetooth, 3G radio and Wi-Fi connectivity. According to the company, the terminal's size, design and multiple connection capabilities meet merchants' mobile point of sale demands, especially...

EMV Migration Forum expects major increase in US chip adoption within a year

U.S. EMV chip adoption is poised for exponential growth in the next year resulting from an estimated 17–20 million EMV chip cards and millions of EMV-capable ATMs and POS terminals, the EMV Migration Forum announced at its March meeting. The...

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