Genesco files $13M suit, arguing penalties from banks processing credit-card payments occurring without evidence card data has been stolen
Complying with the Payment Card Industry Data Security Standard (PCI DSS) is prohibitively expensive, and the cost of compliance bears very little relation to the cost of a breach, according to Dave Birch, director of IT consultancy Consult Hyperion.
Businesses that want to make use of consumer-grade smartphones and tablets as a point-of-sale device to process payment cards are being advised to only do so when appropriate encryption controls and other security measures are in place.
Can you hold Payment Card Information (PCI) data in a cloud-based service? Yes, but doing so isn't straightforward, so the PCI Security Standards Council has published a guideline that clarifies what approaches compliance-minded businesses can take.
The Payment Card Industry (PCI) Security Standards Council today issued guidelines on how businesses storing, processing or transmitting payment-card information should look at doing an annual risk assessment.
The heads of seven business organizations sent PCI Security Standards Council General Manager Bob Russo a cry for help earlier this month, saying the recession is making it "increasingly difficult" for merchants to meet the requirements of the Payment Card Industry's Data Security Standard (PCI DSS).
Sign up now »
Automate business-continuity and disaster-recovery planning and enable crisis management in one solution.
Incident handling is a vast topic, but here are a few tips for you to consider in your incident response. I hope you never have to use them, but the odds are at some point you will and I hope being ready saves you pain (or your job!).
- Have an incident response plan.
- Pre-define your incident response team
- Define your approach: watch and learn or contain and recover.
- Pre-distribute call cards.
- Forensic and incident response data capture.
- Get your users on-side.
- Know how to report crimes and engage law enforcement.
- Practice makes perfect.
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.