Recorded: Feb. 28 | 2017 Attend
In today’s digital landscape, it’s much easier for criminals to access sensitive payment card data, not only gaining direct access to a consumer’s available funds, but also their personal identity. With cyber attacks becoming much more advanced, the PCI DSS standard has been forced to adapt to address these new threats.
Recorded: May 24 | 2016
There is a substantial cost associated with reaching and maintaining PCI DSS compliance requirements, but the cost of non-compliance is often much greater. While the initial cost of the technology, staff and other resources necessary to implement satisfactory controls has its price tag, it is vital that all organizations affected by the PCI standard consider both the short and long-term costs of non-compliance as well as the benefits to meeting the requirements.
Recorded: June 23 | 2015 Play
The total number of fraudulent payment card transactions has grown every year since 2006, and experts are calling 2014 "the year of the breach." The Ponemon Institute found that each breach cost the average retailer $8.6 million in related expenses, and the price tag connected with a data breach increased across the board, reaching $20.8 million for financial service firms, $14.5 million for technology companies and $12.7 for communications providers.
Recorded: February 19 | 2015 On-Demand!
The clock is ticking for enterprises that have not yet upgraded their payment card processing systems to be compliant with Payment Card Industry Data Security Standard (PCI DSS) 3.0. As the Jan. 1, 2015 mandatory deadline approaches, there is increasing urgency to not only understand the most important changes in PCI DSS 3.0, but also to be ready for a rigorous QSA assessment against those changes. Since PCI 3.0 is bigger, harder and more expensive than the previous iteration, merchants have their work cut out for them.
Recorded: March 19 | 2015 Play!
Data breaches are a widespread problem with over 1.1 billion records compromised in the last 10 years. According to the Verizon 2014 Data Breach Investigations Report, the vast majority of breaches occurred against small to mid-sized companies.
Recorded: December 4 | 2014 Play
More than 100 million Americans have lost personal information in a data breach over the last year, and identity theft is the fastest growing crime in the US. As a result, President Obama has launched a government initiative to support the US migration to EMV and improve information sharing on cyberfraud threats, and nearly half of US merchant terminals are expected to accept EMV cards by the end of next year.
Recorded: November 4 | 2014 Play
Albert Einstein once observed: "Technological progress is like an axe in the hands of a pathological criminal." His words were eerily prophetic of the continuous news of data breaches in the retail and banking sectors.
Recorded: September 16 | 2014 Play
2013 was the worst year yet in terms of data breaches, with over 740 million records exposed, and 2014 is shaping up to be more of the same. Security analysts estimate the costs of the data breach that hit U.S. retailer Target are approaching half a billion dollars for the company. The total cost of the breach including losses incurred by banks, consumers and others–could easily reach into the billions of dollars, and the incidents continue in the food industry, state government, and other sectors.