Half of US POS terminals to accept chip cards by end of 2015
October 17, 2014 - Nearly half of US merchant terminals will accept EMV chip card payments by the end of next year, according to a trade body set up to push the migration from magstripe plastic.
Crook dumps Target card details on Russian forum
October 17, 2014 - A cyber-crook has uploaded the details of more than five million cards, many of them stolen during the data breach at US retailer Target, to a Russian carding site, says security firm Group-IB.
Obama signs chip and PIN executive order
October 17, 2014 - US president Barack Obama has signed an executive order mandating the use of chip and PIN technology at executive departments and agencies for card payments.
TD Bank slapped with $850,000 fine over 2012 data breach
October 16, 2014 - TD Bank has agreed an $850,000 settlement with the Attorney General of New York over a data breach in 2012 that compromised the financial records of 260,000 customers nationwide.
Compliance and Risk Management Concerns Up Nearly 30% at U.S. Banks and Credit Unions
October 15, 2014 - The concern U.S. banks and credit unions have over managing compliance and risk is up nearly 30 percent from almost two years ago, according to the latest Regulatory & Risk Management Indicator issued today by Wolters Kluwer Financial Services, a comprehensive provider of risk management, compliance, finance and audit solutions and services.
Visa and MasterCard face scrutiny by new UK watchdog
October 14, 2014 - The UK government is planning to put supervision of MasterCard and Visa alongside the country's main interbank payment systems into the hands of a new Payment Systems Regulator (PSR), whose chief remit is to inject more competition into the country's payments industry.
Russian faces further counts in POS hacking case
October 10, 2014 - A Russian man accused of hacking into point-of-sale terminals and selling stolen card data on online forums has had a batch of new charges thrown at him ahead of his trial in a US court next month.
Two Thirds of Enterprise Java Applications Contain Mostly Third Party Code Yet Considered Secure
October 9, 2014 - Waratek, the Java application protection and management company, today announced the results of a survey conducted at the JavaOne 2014 Conference last week. Nearly two-thirds of senior IT professionals polled said their Java applications contain 50 percent or more third party code. Meanwhile, nearly 80 percent believe their applications are somewhat (46%) or very secure (33%). These findings are surprising given the recent disclosure of two massive vulnerabilities in widely used third-party libraries -- the "Shellshock" and "Heartbleed" bugs.
