Stories about: Mastercard

Visa and MasterCard have launched free, self-assessment tools for merchants and providers to test and validate the security of their e-commerce connections.

Gartner last week warned of the rise of the professional cyber criminal, a new IT security threat that is replacing "bored teenagers."

Visa U.S.A. and American Express are terminating their contracts with a credit card transaction processing company that was hit by hacker attacks, potentially exposing 40 million card numbers to online intruders.

Australian banks are today still checking the accounts of nearly 130,000 credit card holders hit by a security breach that occurred in the US late last year.

It was a requirement that come June, high-volume merchants and payment processors that do business on the Web and want to work with MasterCard International had better have conducted quarterly vulnerability assessments of their Web sites. MasterCard warned last year that it won't do business with them otherwise.

Leading financial institutions have adopted a more aggressive attitude toward online identity theft cons known as "phishing scams" in recent months. But companies, including MasterCard International, may be unwittingly helping phishers trick online shoppers, says a new report from a U.K. Web developer.