The UK's largest ever credit card fraud was masterminded by an IT expert who downloaded details of cards used by passengers to purchase tickets for London's Heathrow Express rail link. Mahtani was part of a gang which downloaded credit card details...
At an event last week the card payment industry body APACS said the financial industry has rejected the use of biometrics for credit and debit cards because of the technology's false rejection rates. The Information Commissioner today said he doesn...
The newly formed Payment Card International (PCI) Security Standards Council will manage the PCI Data Security Standard, first established in January 2005 with the intention of making its implementation more efficient for all parties involved in a...
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...
With Sarbanes-Oxley, data protection and new US PCI standards, businesses have an obligation to comply with standards for securing this information. We spent a day encrypting the data, sent the encryption key by person on a plane followed by the...
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...