Recently, Verizon issued a report on Payment Card Industry Data Security Standards — PCI DSS for short. The results were pretty bracing. As Computer Weekly summarizes “nearly 80% of businesses fail their interim PCI compliance assessment, leaving them vulnerable to cyber attacks, according to Verizon’s 2015 PCI Compliance Report “
Tag: payment security
Breaches Old and New: Target Settles, More Blue Cross Leaks; New Security Measures
Data breaches, their discontents and fallout, have filled the news this week. You’ll remember, of course, when the Target customer data breach in 2013 finally catapulted questions about customer security in the digital age onto the front page. Now comes word that Target has, at last, reached a settlement in that case. As tech website Gizmodo reports, “following lengthy discussions with the lawyers of those affected by the hack, the retailer has agreed to pay up a $10 million settlement.”
The October Country: EMV Draws Near; Are You Ready?
The October Country: EMV Draws Near; Are You Ready? While time does continue to zip along, we’re not always busy…
On the Menu: More Security
Recently, the National Restaurant Association co-hosted a chat via its Twitterfeed, dealing with issues of payment security. This is of particular concern to NRA members, since many of the most headline-grabbing hacks have come at eateries, like PF Chang’s, Dairy Queen, and other food establishments.
Samsung Moves Into Payments; “Hackers Never Sleep”
The news and changes in payments keep moving along at a clip — well, at a clip almost as fast as the digits who are changing the ways those payments are made. On the very day of this post, Samsung has announced the purchase of LoopPay, a start-up in the world of mobile and NFC — near field communications — payments. As the Wall Street Journal summarizes, “the deal to buy LoopPay Inc. of Burlington, Mass.
Follow Up: Data Leaks and New Government Agencies
As noted in our previous newsletter, no sooner had we posted on our blog last week about the ease with which ID theft can be perpetrated, than news broke of another massive data breach, this one affecting upwards of 80 million or so Anthem Blue Cross customers.
“I Spy” More Changes in Payments, More Need For Security
As you know from being a savvy/frequent readers of these posts, the world of payments shares a critical motif with life itself: Change is the only constant. And by “change,” we don’t mean those coins in your pocket, left over from the last time you used cash. No, we’re talking about how the way payments are made is shifting, faster and faster — bringing along the need for constantly-changing security, as well.
Under the Frost: Security Tips, Hearings & Getting Ready for Spring
Traditionally, winter is a time to burrow inside, and to get ready for spring: stitching up, repairing and mending items for the outdoor season ahead. And under the frost, plants are doing the same thing, getting ready to sprout and bloom in a few weeks time.
2015: A Sheep Year — But A Safe One?
The New Year celebrating isn’t quite over yet — next month brings us the Chinese New Year. Those followers of Chinese Astrology know that each year is given an “animal” personality, so our upcoming “sheep year” is presumed to be — like its totem animal — somewhat gentle and easygoing.
