Financial IT - News, Features, and Slideshows
Industry efforts to shore up payment card security after the massive data breach at Target appear to be devolving into a battle over chip vs. PIN technology between retailers and credit card companies.
A senior executive from Visa Inc. dismissed concerns over the manner in which the Europay MasterCard Visa (EMV) chip card standard is being implemented in the U.S. and insisted the move will yield significant security benefits for retailers, consumers and banks.
A group representing 22 of the world's largest banks is pushing for broad adoption in the U.S. of payment card technology called tokenization, citing shortcomings in the planned migration to the Europay MasterCard Visa smartcard standard over the next two years.
Nasdaq's unprecedented trading halt today stemmed from a technical glitch with a core data feed that disseminates market data for Nasdaq-listed securities.
Cyber exercises, like the Quantum Dawn 2 drill carried out by dozens of Wall Street firms this week, can be useful in helping financial firms close critical gaps in their incident response capabilities, analysts said.
More DDoS attacks on banks, cyberwarfare, and targeted attacks could well be in store in 2013, security experts warn.
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I’m dating myself, but I remember when holiday shopping involved pouring through ads in the Sunday paper, placing actual phone calls from tethered land lines to research product stock and availability, and actually driving places to pick things up. Now, holiday shoppers can do all of that from a smartphone or tablet in a few seconds, but there are some security pitfalls to be aware of.