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New measures implemented in section 6.6 of the PCI standard, do nothing to address the threat of insiders. June 30 marks an important date for any company that takes online credit card payments. A swifter assessment process may soon await merchants and service providers trying to demonstrate compliance with Payment Card Industry (PCI) standards. Identity theft has become a multi-billion dollar issue that continues to accelerate, and protecting against it has become a multi-million dollar business, says Deloitte's Mark Steinhoff. Secure Computing has announced the launch of a new global initiative - which includes a dedicated website and programs - aimed at educating users about the Payment Card Industry’s (PCI) Data Security Standard (DSS) and its looming June 30 compliance deadline.
The Payment Card Industry (PCI) Data Security Standard is unique compared to other security standards, as PCI provides strong guidance as to how merchants can actually comply with its requirements. An Arizona man who obtained stolen credit card numbers from overseas hackers and then used the data to withdraw money from cash machines has been sentenced to 84 months in prison. Charity doesn't always begin at home. Nowadays, it increasingly appears to come from credit card thieves looking to validate stolen cards. A Miami man pleaded guilty this week for his involvement in the wireless-enabled data heists at TJX and a number of other well-known retailers. The European Commission is said to be close to finalizing an agreement with the United States that would allow the FBI to see the credit card histories and internet browsing habits of European citizens. The organisation charged with directing the Payment Card Industry Data Security Standard (PCI DSS) announced the second version of the credit card protection guidelines is scheduled for an October release. VeriSign today announced strong growth for its VIP identity protection service, including the imminent launch of DocLocker, an online document storage system. Hackers are looking to trick people into infecting their PCs by emailing them fake airline tickets and boarding passes. The Darkmarket forum has been closed down following police raids. A new program that claims to be an anti-spyware solution for the Mac is likely rogue software, security researchers warned on Friday. The United States is seeking the extradition of hacker Ehud Tenenbaum. An Australian company has launched a "virtual safety deposit vault" and security service aimed at protecting travellers from identity theft and fraud.
Most RFID products – like passports and Oyster cards – leak data like sieves says Brit firm, Peratech. The Bank of New York Mellon (BNY Mellon) has admitted that the number of its customers hit by a data breach was much larger than previously stated. The US Federal Trade Commission on Thursday announced a settlement with TJX over the discount retailer's massive breach of customer credit card records.