Muath AlHomoud, CISO of Smart Digital Payment Company, in an interaction with Information Security Media Group, speaks about business challenges, cybersecurity landscape and privacy concerns facing the fintech industry in the Middle East region.
Dr. Sang Sur, CIO of Techellence, shares insight on maintaining PCI compliance, and implementing and validating PCI DSS requirements. He also highlights the considerations for organizations while implementing a customized approach.
While the threat surface is a continuously growing phenomenon, implementing a comprehensive security model secures financial sector organizations prevent reputational, financial and legal complications that emerge due to the exponential rise in cyber incidents and data breaches.
Payment card security group PCI Security Standards Council has a new standard aimed at smoothing the contactless payment experience at retailers by ensuring that a single commercial device can process card data and a PIN. Consumers across the globe increasingly use contactless methods for payment.
In the latest weekly update, ISMG editors discuss how organizations can comply with the new PCI DSS 4.0 requirements, whether other countries should follow the U.S. lead on legislating software bills of materials, and key strategies for CISOs preparing for an economic downturn.
Earlier this year, the PCI Security Standards Council issued version 4.0 of PCI DSS. Two experts from Verizon, Ferdinand Delos Santos and Rokon Zaman, discuss the new requirements of the regulations and strategies for implementing them to reduce risk and improve an organization’s overall security.
Software point of sale or SoftPOS is a groundbreaking technology that allows businesses to accept card payments directly on their devices without requiring any additional software. As this payment method gains widespread adoption, what does it mean for the security of our payments systems?
The global payments risk landscape has evolved dramatically during the past 2.5 years of accelerated digital transformation. Mahmoud Abdelkader, CEO of Very Good Security, outlines how these changes have affected the payments environment and how they are reflected in the latest PCI update.
The PCI Security Standards Council on Thursday released the Payment Card Industry Data Security Standard version 4.0. The latest version's improvements are intended to counter evolving threats and technologies, and the new version will enable innovative methods to combat new threats.
Two states have recently taken steps to bolster cybersecurity and data privacy protections. Connecticut has enacted a law designed to give certain legal protections to businesses that adhere to cybersecurity frameworks. And a new data privacy law in Colorado allows individuals to opt out of data collection.
As new payment trends emerge, such as the surge in ecommerce during the COVID-19 pandemic, payment card standards also must change, says Jeremy King of the PCI Security Standards Council, who will be a featured speaker at ISMG's Virtual Cybersecurity and Fraud Summit: London on Oct. 20.
To help ensure security as India moves to digital payments, enterprises need to educate their customers to help them understand potential risks and take the right precautions, says payments expert Navin Surya.
The Reserve Bank of India's draft of a framework for new self-regulatory organizations, including one that would help oversee payment system operators, fails to adequately address security issues, some observers say.
The need for enhanced business agility and secure remote access to support digital transformation has led to the adoption of the security access service edge, or SASE, model, says Rajpreet Kaur, senior principal analyst at Gartner.
Jeff Schilling, global CISO at Teleperformance, a Paris-based company offering digitally integrated business services worldwide, describes four principles for mitigating security risks for the remote workforce during the COVID-19 pandemic.