One of the common misconceptions of implementing EMV enabled point of sale terminals is that by having EMV Chip & PIN, your business is Payment Card Industry (PCI) compliant. This is not true. EMV and PCI Data Security Standards compliance are two independent entities that...
While U.S. merchants will only now in 2015 experience the liability shift of potential financial losses for not upgrading their terminals from magstripe –to EMV contact and contactless card enabled terminals, Visa has been incentivizing the move since 2011 through the innovative Visa TIP program. Considering...
Full EMV integration certification can be very time consuming and costly in the event that you are considering upgrading your payment processing system for the October 1st liability shift deadline. There is an alternative solution however and if you are looking for a quick solution that...
On May 5th, 2015, University of California’s (UCLA) hospital determined that it had suffered a cyber breach to its network. That breach has now been confirmed and it’s possible that this cyber attack will expose an estimated 4.5 million medical files from patients. The breach stems from...
Since its launch in late September of last year, Apple has sold over 130 million iPhone 6 and iPhone 6 plus, boosting the company's revenue to over $130 billion (Q1 & Q2) by the end of Q2 2015. The extremely high Apple device count in use combined with...
Thursday March 19th, a federal judge gave approval for a 10 million dollar settlement for the customers who were affected by Target’s data breach in 2013. "We are pleased to see the process moving forward and look forward to its resolution," said Molly Snyder, Target spokesperson...
More than 800 million computer records with sensitive information have been a part of data breaches in the U.S. since 2005 (privacyrights.org). Moreover, because many small merchants have minimal security for cardholder data, over 80% of attacks target small businesses. [caption id="attachment_3689" align="aligncenter" width="632"] via Moki...
As we continue to use technology we require more and more passwords to access things. You might already know these basic tips: Never reuse your old passwords. “One bad apple ruins the bunch” Don’t change your password unless you think it’s compromised. Consider two-factor authentication.Although you might have...
The aftermath of the Target breach has raised concern and hopefully greater awareness to the benefits of PCI Compliance. To help increase awareness on POS Malware we’ve covered a few in our previous post, and will continue to cover more in today’s post. First up,...
The changes to PCI appear to be minor in the grand scheme of things, however the Payment Card Industry Data Security Standards 3.0 (PCI DSS 3.0) has great advantages. These include clarity on security standards, real-life examples and new standards that are flexible – allowing...