Recently, Sony suffered one of the biggest data breaches in memory, causing the shutdown of its virtualized PlayStation Network. According to the Press Association, there was an "illegal and unauthorized" intrusion that may have put the personal information of the network's 70 million users at risk.This breach had the potential to be catastrophic, and the public braced for the worse. However, fears have been partially alleviated, as now it appears that payment card information was Read more [...]

Despite economic hardships, banking institutions in Australia are implementing tighter standards and stricter penalties on companies after years of compliance breaches, experts say.According to CIO Magazine, all companies that accept payment cards - Visa and Mastercard specifically - are required to implement 12 high-level security controls prescribed by the standard in order to help mitigate credit card fraud. Larger companies face significantly tougher compliance requirements than smaller firms Read more [...]

The exchange of payment card information necessitates that companies in a multitude of industries meet certain standards. These regulatory codes are beneficial to businesses striving for system interoperability, and may also prevent unwanted access to critical financial information.According to Imperva and the Ponemon Institute, a new study has found that businesses compliant with PCI standards are less likely to suffer security breaches.The study focuses on data breach reports by both PCI-compliant Read more [...]

Hospitals, doctor's offices, dental practices, pharmacies and other healthcare organizations are struggling to deploy PCI-complaint technologies and policies because many lack the IT resources to invest in such systems.A recent PCI Free report explains most large medical facilities with dedicated IT staff have minimal trouble maintaining PCI compliance standards. However, small practices and other minor medical facilities lack the IT staff and infrastructure to properly meet PCI compliance demands.The Read more [...]

The Payment Card Industry Data Security Standards were recently updated to version 2.0, and the transition to the new PCI compliance regulations has put an unusually large spotlight on the PCI DSS.According to a recent TechTarget report, this emphasis on PCI standards has clarified a few key industry trends that are impacting how businesses secure payment card data.One of those trends has to do with time. The PCI DSS 2.0 will have a three-year life cycle, giving companies plenty of time to deploy Read more [...]

PCI compliance dictates companies maintain their IT infrastructure within certain parameters to ensure consumer payment card data remains safe. While it is possible to achieve these standards through advanced security infrastructure alone, data encryption is a growing trend in the PCI compliance market.Encryption is one way to combat many of the risks associated with data loss. According to a recent survey performed by the Ponemon Institute, encryption is quickly becoming one of the most popular Read more [...]

The Payment Card Industry Data Security Standards are becoming more powerful in the global marketplace. Recently, these critical compliance regulations were updated to a new version that addresses the changing technological climate.According to a recent IT Business Edge report, reaching new PCI compliance standards will not be easy, but there are a few technologies that businesses can enlist in their data loss prevention strategies.Point-to-point encryption is one of the strategies cited by the report Read more [...]

For businesses and retailers striving to reach PCI compliance standards, it can be easy to miss some critical security practices that are becoming necessary in a technological marketplace dependent on a diverse range of channels.According to a recent Retail Info Systems News report, merchants are increasingly moving their services into new channels, such as mobile commerce, and failing to adapt their security solutions appropriately.The report said maintaining security similar to PCI compliant levels Read more [...]