Australian retailers are sluggishly adopting credit card security standards, according to Citrix chief security officer, Kurt Roemer, but competing standards and proposed amendments to the Privacy Act will cause even greater confusion for them.
It's claimed some big named financial institutions in Australia have been telling 'porky pies', claiming company networks are secure for credit card transactions using the Internet, WAP and telephone lines.
If you're an American Express cardholder and plan on doing a lot of online shopping this holiday season, you'll definitely want to investigate Private Payments. This new feature will allow you to make online purchases without worrying about credit card fraud.
Online credit card scams cost Visa USA at least US$48 million last year. Read on to discover the real story behind the biggest threat to e-commerce and how you can protect your business and yourself.
Credit-card fraud against electronic merchants is on the rise, but some say the solution to the problem is only four digits long: the length of a new personal identification number for e-commerce transactions.
Does the improved credit card security offered by chip and PIN-embedded credit cards mean a future of greater personal liability?
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