Chris Cherrington, an analyst at Frost and Sullivan, notes that identity theft is not a new crime. Experts have recently predicted an increase in digital identity theft and are warning it may well become a global phenomenon.
If the banks and retailers give in to this pressure then the use of chip and PIN, let alone even more inconvenient cardholder authentication methods such as biometrics will be hard to enforce. The scanner allows consumers to link their fingerprint...
The growth in popularity of debit cards has outstripped that of the credit card, with 85 per cent of adults possessing a debit card, against 66 per cent who have a credit or charge card. The debit card is 20 years old this weekend.
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...
Once in my office, I buy flowers for delivery to my significant other, purchase a golfing magazine subscription, pay some bills and buy an iTunes gift voucher for a friend - all using my credit or debit card information.
Retailers handling up to six million Visa transactions in the UK are not subject to an independent audit to check they are compliant with PCI DSS security standards that can block such hacks. Andrew Moloney, security expert at RSA Security, said...
Did you find this white paper useful? 3 out of 11 users found this white paper useful
White Paper RSS
Download
Register
