Essentially the new PCI Data Security Standards formalise a set of good working practices that professional online retailers should already be following. Online shops face increasing regulation, with credit card companies handing down strict...
More details emerged on Monday about the cyber break-in at a payment processing company that exposed more than 40 million credit card accounts to fraud. Cardholders should monitor their accounts online and contact the credit card company or card...
Turkish authorities have linked one of the suspects in the Zotob worm case to individuals thought to be part of a credit card fraud ring, according to the FBI. Atilla Ekici, a 21-year-old Turk who used the nickname "Coder", may be affiliated with...
AT&T is offering to pay for credit monitoring services for customers whose accounts have been impacted because they could be at risk of identity fraud. The information that was illegally accessed includes credit card numbers, AT&T said in a statement.
A new payments system aimed at reducing 'card not present' fraud is to be trialled by UK payments association Apacs. It is designed for online and telephone transactions which are potentially vulnerable to fraud because they can be carried out with...
For example, the industry-enforced PCI-DSS standard for credit card payment handlers specifies conditions such as the application and configuration of personal firewalls. PayPal got onto the board of the PCI advisory council to address issues such...
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