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whitepaper Fraud and identity theft are on the rise. The Federal Trade Commission received more than 685,000 complaints of fraud and identity theft in 2005, totaling more than $680 million in stolen assets. This effort resulted in the Payment Card Industry...
[13 May 2008]
whitepaper The standard comprises a set of directives for entities that handle credit cards, with the goal of reducing fraud. The Payment Card Industry Data Security Standard (PCI-DSS) is a global standard governed by the major credit card companies.
[10 May 2008]
whitepaper Despite the best efforts of organizations to protect customer data, consumer fraud and identity theft have hit new highs. During the last ten years there has been an explosion in the use of Internet-based commerce, as well as a drastic increase in...
[09 May 2008]
whitepaper The primary purpose of this standard is to protect credit card data by reducing fraud and theft. Visa, MasterCard, American Express, Diner's Club, Discover, and JCB collaborated to create a new set of standards based on CISP (Cardholder Information...
[07 May 2008]
whitepaper This standard is a set of network security requirements agreed upon by five of the major credit card companies in an attempt to stem the growth of credit card fraud around the world and to give a common interpretation of what security is all about.
[06 May 2008]
whitepaper This paper discusses the critical security update to the financial industry standard International Organization for Standardization (ISO) 8583 and introduces how First Data's aSureteeSM digital signature products are supporting industry leaders...
[10 Apr 2008]
Comment Despite tough criticism, the government argues the scheme will make identity fraud much harder. Ministers claim it could help to kerb illegal immigration, stop large-scale financial fraud - anyone trying to make a big financial transaction would...
[23 Nov 2007]
News Darling said no individual will suffer any financial loss if they are innocent victims of fraud as a result of this security breach. He also called on the government to abandon its ID card plans because of the data security risk.
[20 Nov 2007]
whitepaper The Payment Card Industry Data Security Standard (PCI-DSS), produced and governed by the major credit card companies, comprises directives to reduce fraud.Citrix Application FirewallTM, along with other Citrix solutions, provide compliance...
[08 Nov 2007]
whitepaper Major credit card companies are pushing hard to stop the financial fraud incidents that have affected numerous organizations and their consumers. Organizations that fail to comply, risk not being allowed to handle cardholder data and fines of up to...
[06 Jul 2007]
News A spokesperson for Westpac said its systems have not been compromised and the bank is unaware of any fraud losses as a result. Hackers may have captured the login details of around 2,500 banking customers by circulating a Trojan email claiming...
[20 Feb 2007]
News Meanwhile customers called out for banks to use stronger authentication methods to allay fears about online banking and fraud. Biometrics were pointed to as the next wave of payment technology with fingerprints and iris scans being used to purchase...
[19 Dec 2006]
News But she said the banks are now in a better position to track online fraud. Using a combination of behavioural analysis software and education, banks stand a much better chance of preventing fraud in the first place, she said.
[06 Sep 2005]
News Phishing is a prevalent type of online fraud that attempts to steal sensitive information such as usernames, passwords and credit card numbers. Earlier this week, security monitoring company Secunia warned of the browser problem and rated it "less...
[24 Jun 2005]
News That investigation, by security experts from Cybertrust, was triggered by a MasterCard inquiry into atypical reports of fraud by several banks. In a case of fraud, she said, American Express would bear the financial burden, assuming the merchant...
[21 Jun 2005]
whitepaper The crimes include financial fraud, telecommunications fraud and theft of proprietary information, computer viruses, thefts of computers and their components, and sabotage of data or networks. The CTA uses standard methodologies and practices...
[24 Feb 2004]
News Major banks and other financial websites, such as PayPal, are popular targets of such fraud, often called "phishing. Some web developers are complaining that an Internet Explorer patch that's meant to foil net scams is disabling some applications...
[05 Feb 2004]
Round-Up Seems simple but Merschen admits it's not the silver bullet needed to end online fraud. Then with the ice broken in a witty - 'bet you've never heard that before Toni' - kind of a way, the Round-Up proceeded to ask him about the problem of online...
[21 Nov 2003]
News Payment systems specialist Worldpay has released a system to protect customers purchasing on the internet against fraud by pin-pointing the buyer's location. Within the box are two chips, one of which encrypts transaction requests to Triple DES...
[24 Sep 2001]
News Internet banks must take responsibility for fraud and draw up clear policies outlining their procedures in the event of a security breach - or risk losing customers. Anthony Riem, a partner at data protection specialist law firm Philippsohn...
[04 Sep 2000]
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