Because of the U.S. migration to EMV, 2016 is expected to be a watershed year for mobile payment adoption, says Randy Vanderhoof of the EMV Migration Forum. Now, he says, the industry should be more focused on new applications hitting the market than on the number of adopters.
Here's why the acquisition of rival threat-intelligence firm iSight Partners by breach investigation heavyweight FireEye makes sense, and why market watchers predict that other stand-alone intelligence firms will soon get snapped up.
Why do we continue to be so stupid about how we use passwords? A review of 2015 data breaches finds that it's not just users of infidelity websites who remain reckless with their password choices.
The FFIEC's Cybersecurity Assessment Tool is already being integrated into regulators' cybersecurity examinations, says Gartner analyst Avivah Litan. But the tool has so far led to more confusion than clarity, she says, and must be enhanced in 2016.
Four years after European criminals exploited EMV implementation vulnerabilities to steal an estimated $650,000, security experts say not all banks have adopted full fixes. But the payment card industry contends related mitigations are in place and working.
Adobe is warning Flash users to update their software immediately in the wake of zero-day attacks that can enable attackers to take full control of vulnerable systems. This year, Adobe has patched 316 bugs in Flash. Is it time for the plug-in to die?
In the wake of Juniper Networks finding "unauthorized code" in its firewall firmware that could be used to remotely access devices and encrypted communications, Cisco is reviewing its own code for signs of tampering. Will other vendors follow suit?
Global Payments Inc. plans to buy its smaller rival, Heartland Payment Systems Inc., for $4.3 billion. Both payment transaction processors have suffered massive data breaches, and industry observers are weighing in on whether the merged companies will successfully build a strong culture of security.
Australian police have raided the Sydney home of cryptographer and entrepreneur Craig Wright, who's been named as being the suspected creator of the bitcoin cryptocurrency. Has the real "Satoshi Nakamoto" finally been unmasked?
A possible settlement between MasterCard and Home Depot to compensate card issuers affected by the retailer's 2014 data breach has created confusion for some banks and credit unions, say attorneys representing institutions in a class action lawsuit.
As the U.S. moves toward faster payments, it must include new payments providers, such as Apple Pay and Square, as well as banks in all efforts to ensure security, says David Lott of the Federal Reserve Bank of Atlanta.
TalkTalk's confusion in the wake of its recent data breach, as well as mangling of technical details and failure to encrypt customer data, demonstrate the importance of having an incident-response plan ready in advance of any breach, experts say.
Reversing recent claims that it was unaware of any data breaches, hotel chain Hilton Worldwide now says it suffered a POS malware infection that affected an unspecified number of hotels, customers and payment cards in 2014 and 2015.
Attorneys general in nine states say card issuers should move to chip-and-PIN, rather than chip-and-signature, as they roll out EMV. But are other issues, such as wider use of encryption and tokenization, more worthy of attention?
Starwood Hotels and Resorts has confirmed a point-of-sale breach, but card issuers say they don't believe the Starwood breach is isolated, and that fraud patterns indicate that another, perhaps larger breach, is impacting cards across the country.
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