payment data security standard in news
Pensions details on lost CD not encrypted
News One form of pension payment is an Age Related Rebate (ARR). An HMRC statement said: "HMRC take the security of customer information very seriously. The data, which contained the records of around 15,000 people, was lost in transit by HMRC's... [07 Nov 2007]
RE:Viewing 2006: The year in financial services
News Online payment company PayPal faced its own phishing problems in the form of a flaw on the company's website which left customers open to phishing scams - the flaw was quickly fixed. Biometrics were pointed to as the next wave of payment technology... [19 Dec 2006]
Credit card companies forge security alliance
News The newly formed Payment Card International (PCI) Security Standards Council will manage the PCI Data Security Standard, first established in January 2005 with the intention of making its implementation more efficient for all parties involved in a... [08 Sep 2006]
Contract flaws increase offshore outsourcing risk
News The most critical areas that need specially adapting for offshore outsourcing contracts include proprietary rights, security and confidentiality, legal compliance, fees and payment terms, and auditing. [23 Jun 2006]
TCG: Mobiles need hardware-based security and DRM
News And, in the future, payment data such as credit card numbers will be added to the mix, the group said. The benefit of hardware-based security is that users can rely on their phone and [know] that private data is protected. [28 Sep 2005]
Fighting back against the phishers
News By contrast, in the UK in January the number of unique phishing attacks on UK banks was only 20 - which rose to 150 in July, according to Apacs, the Association of Payment and Clearing Systems. Data from the Anti-Phishing Working Group shows the... [06 Sep 2005]
MasterCard scandal: More details emerge
News The probe also found that the Atlanta-based payment processor did not meet MasterCard's security regulations. More details emerged on Monday about the cyber break-in at a payment processing company that exposed more than 40 million credit card... [21 Jun 2005]
Wi-Fi gets a sense of direction
News One of the first ideas under development is for credit card payment systems. An optical antenna that uses a geometrically shaped lens promises to bring greater security to wireless networks for businesses, according to UK scientists. [12 Nov 2002]
Worldpay unveils anti-fraud system
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]
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