A rise in credit card transactions via the Internet, phone and mail-order is prompting card heavyweights to promote tougher security standards for transaction data, according to MasterCard.
SMS-based two factor authentication has been touted as a way of improving online banking security but Westpac's head of information security disagrees.
An informal survey on the Australian financial industry has revealed an alarming lack of interest in implementing the new triple data encrypting standard (DES) for Automated Teller Machines (ATMs).
A global survey has revealed that 39 percent of financial institutions experienced at least one security breach within the past year.
He allegedly did it all -- broke into computers, used one to host a hacking chat, stole credit card info and sent out porn spams.
To many, the name Kevin Mitnick is synonymous with "notorious hacker." We talk to him about software security, the evolution of hacking and social engineering, and law enforcement's action against hacking.
Visa CIO touts new transaction technologies
Michael Dreyer, CIO of Visa, expresses what innovation means to him in different areas, such as their PayWave … Watch it now
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