As Japan continues it push toward digital transactions, it's taking steps to ensure security, including adopting the PCI Data Security Standard, says Jeremy King, international director of the PCI Security Standards Council, who offers an update.
Following reports about U.S. companies that enable government and other users to access real-time tracking information for all major U.S. wireless carriers' subscribers, provider Securus Technologies has reportedly been hacked, while LocationSmart has fixed a data-exposing flaw.
Since mobile banking usage is set to grow exponentially, banks must overcome structural challenges and
reconcile consumers' appetite for ease of use with the desire for greater security.
There are a growing number of fintech startups that have been able to overstep the legacy cost structures
Businesses spend billions each year on identity and access management, but almost all of this money is spent on protecting the digital identities of humans - usernames and passwords.
On the other hand, businesses spend almost nothing on protecting machine identities, even though our entire digital economy hinges...
Technology, regulations and customer expectations all have evolved, but what does this mean for how organizations secure identities?
This evolution has proven to be a two-sided coin, particularly for financial institutions. It's not only allowing financial institutions to offer new, innovative products where...
After years of focus, the needle is moving positively toward improving medical device security. But what about the growing cybersecurity issues associated with enterprise IoT? Mac McMillan of CynergisTek shares his concerns.
Technological advances that are sweeping the financial sector by storm have brought about new ways for users to access their data on the go but it also presents new challenges for financial institutions to protect the personal data of their customers. Every financial institution needs to implement a comprehensive...
Account opening continues to transition from physical to digital channels, which means financial institutions and other organizations must optimize the digital experience in order to compete. At the same time, fraud is on the rise because of the same benefits enjoyed by consumers: convenience, speed, and ease of...
The Secure Payments Task Force was established by the Federal Reserve Bank in 2015 in part to determine areas of focus and priorities for future action. Jim Cunha, a member of that task force, talks discusses how to advance payment system safety, fight fraud and ensure resiliency.
In just a few short years, the cloud market has exploded. It has transformed from a fringe platform utilized by courageous companies on technology's leading edge into a cloud-first, standard, go-to approach for running all sorts of business-critical systems. According to IDC, nearly 50% of IT infrastructure spend will...
As mobile payments continue to grow in South Africa, it's important that application developers build security into their apps and correctly implement tokenization standards, says Jeremy King, international director of the PCI Security Standards Council.
With the explosion of laptops, IoT, tablets, smartphones and other smart technologies, endpoints are the single largest group of devices inside your network today. Managing all of your assets and their software requires three foundational steps.
A new standard from the PCI Data Security Standards Council could help ease the way for smaller merchants worldwide, especially in developing nations, to move to cashless payments using a variety of devices, says Troy Leach, CTO for the council, who spoke last week at a conference in South Africa.
Developing nations that are moving to digital payments, especially for the unbanked, need to keep in mind security lessons already learned in other markets, including Europe, says Steve Marshall, founder at Risk-X, a U.K.-based audit and risk assessment consulting firm.
The FBI has arrested the CEO of the Canadian smartphone service Phantom Secure on charges that he and four other suspects ran an encrypted telecommunications service used by more than 20,000 customers to facilitate illegal activities, including international shipments of cocaine and other drugs.