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Discount retailer TJX, parent of T.J. Maxx and Marshalls, has agreed to a US$24 million settlement with MasterCard over a security breach that left tens of millions of credit card accounts at risk to identity theft. The world's largest retail lobby today announced a plan that might free merchants from some of the most complex requirements of the Payment Card Industry (PCI) standard. A good storage solution, backed up with the right policies, can help keep you out of the headlines and achieve compliance. By Mark Mayne A 24-year-old, who admitted to phishing AOL users during a four-year period, has received seven years in prison. Australians have lost nearly $120,000 to the Olympic ticket scammers, according to the NSW Office of Fair Trading's latest update. As the malware threat landscape continues to evolve, hackers are constantly changing techniques to counteract detection technologies vendors develop. 24 Romanians believed to be part of an organised cybercrime ring were arrested during the past week. People just don’t think that putting family genealogy, exposes them and their families to spying by ID fraudsters and for that matter anyone else (stalkers, paedophiles, employers, parents). Logica is banking on anti-terrorist regulatory compliance with this week’s launch of its automated transaction scanning software. The antivirus/perimeter approach to security is dead, and targeted attacks could very well be the final nail in the AV coffin. A report by the Australian Bureau of Statistics has revealed that over five per cent of Australians were victims of personal fraud in 2007. The serial company founder and SC's CEO of the Year tells Paul Fisher why he knew all along that data-centric security was the future. The cybercriminal's stable diet of trojans and botnets is taking a back seat in the multi-million dollar cybercrime industry as blackmail, extortion, terrorism and even murder become prominent in the organised crime syndicates of the digital age. The Payment Card Industry (PCI) Security Standards Council has officially taken over control of a new data security standard from Visa. Thirty-eight people living in New York have been charged with leveraging stolen consumer data to create bogus credit cards that were then used to purchase high-priced goods, such as computers and televisions, authorities said. Australian based authentication solutions vendor, Emue Technologies has launched a 12-button keypad to enable secure remote banking and enhanced point-of-sale security at the card manufacturing trade show Cartes & Identification in Paris.
Postini has revamped its Email Security service adding new content policy management capabilities including protection for credit card numbers. Budget reductions unlikely, claims VeriSign. Google and Microsoft are among an extensive set of technology vendors aiming to spur the adoption of digital identity cards. Researchers have successfully cracked the security of the Oyster card used for fare payments on buses and tubes in London.