News

• NFC uptake accelerating: Visa

  By Diana Nguyen | 08 December, 2011 13:37

  Despite some security loopholes remaining, near field communications technology is gaining a foothold in Australia, according to Visa A/NZ.

• PCI compliance requirements for Aussie businesses

  By CIO Staff | 09 September, 2011 14:37

  Payment Card Industry (PCI) Data Security Standards (DSS) refer to a set of standards that must be followed by big and small businesses alike when accepting, storing, processing and transmitting customers’ credit card information. To be compliant with PCI standards, all business owners, including online retailers, should adhere to 12 PCI compliance requirements for best security practices.

• Understanding PCI compliance auditing

  By CIO Staff | 09 September, 2011 15:05

  Businesses of all sizes must undertake PCI compliance auditing to ensure that their customers' data is protected during credit or debit card transactions and if stored within any internal business databases.

• PCI compliance checklist

  By CIO Staff | 09 September, 2011 13:57

  If you're business is obliged to undertake a PCI audit, then following a PCI Compliance checklist will ensure that you're security processes and payment processing meet the compliance standards. To ensure that you are meeting PCI compliance standards, you'll need to start by looking at what exactly PCI compliant means.

• PCI compliance services in Australia

  By CIO Staff | 09 September, 2011 13:30

  If you operate, own or hold a management role in an Australian business that stores, transmits and processes customer payment data, you may have recently been contacted by your bank regarding your PCI compliance status.

• Citigroup client accounts hacked

  By AAP | 10 June, 2011 11:14

  US banking giant Citigroup said on Thursday that computer hackers have accessed information in about one per cent of accounts held by its US credit card customers.

• Gamers hit back at Sony security breach

  By AAP | 28 April, 2011 07:28

  Gamers have attacked Sony for waiting a week before revealing a security breach in the PlayStation Network, with industry experts calling for tougher privacy laws.

• Lax attitude to PCI, security costing businesses: Investigator

  By Hamish Barwick | 21 April, 2011 08:41

  Merchants who view security and payment card industry (PCI) compliance as an extra cost will be rueing the decision when hackers hoping to swipe credit card data strike, believes one industry specialist.

• Lush takes down hacked website

  By AAP | 15 February, 2011 10:28

  Lush customers who have made online purchases may have to cancel their credit cards after the popular handmade cosmetics business was targeted by hackers.

• ANZ machine outage blamed on 'glitch'

  By AAP | 24 August, 2010 16:29

  A technical glitch caused thousands of ANZ bank's instore eftpos and credit card machines across Australia to stop working for several hours.

• Russian charged with selling credit card numbers online

  By Grant Gross | 12 August, 2010 05:18

  A Russian man accused of selling stolen credit card numbers online for nearly a decade has been arrested in Nice, France, and faces charges in an indictment unsealed Wednesday, the U.S. Department of Justice said.

• Visa's payclick takes on PayPal for micropayments

  By Rodney Gedda | 24 June, 2010 08:06

  Credit card giant Visa has entered the micropayment processing space with payclick, a pre-paid hosted service aimed at teenagers purchasing online line content such as music and games.

• Heartland, MasterCard settle over data breach

  By Nancy Gohring | 20 May, 2010 07:37

  Heartland Payment Systems has made a third settlement deal, this time with MasterCard, related to a massive data breach two years ago at the card payments processor.

• PCI council launches certification program for IT staff

  By Jaikumar Vijayan | 01 May, 2010 05:08

  The organization responsible for administering the Payment Card Industry Data Security Standard (PCI DSS) has launched a new program to help enterprises conduct self-assessments of their compliance with the standard.

• ValidSoft tackles problem of credit-card blocking

  By Jeremy Kirk | 23 April, 2010 06:32

  ValidSoft is pushing forward with software it says banks can use to avoid unnecessarily blocking credit card transactions, an occasional frustration for travelers outside of their home country.