Tag Archives: PCI

RBI moves to check credit card fraud

Banks can install only those swipe machines including the double swipe registers at supermarkets which are certified for PCI-DSS Payment Card Industry-Data Security Standards and PA-DSS Payment Applications -Data Security Standards. Merchants and aggregators, whose card acceptance machines are currently operational on Internet Protocol-based solutions, have to mandatorily go through PCI-DSS and PA-DSS certification.

via RBI moves to check credit card frauds – The Times of India.

Bank of America to Offer Chip Technology for Credit Cards

Bank of America Corp. (>> Bank of America Corp) is throwing its muscle behind a credit-card technology aimed at cutting down on hassles U.S. cardholders may encounter when trying to make purchases while traveling abroad.

The Charlotte, N.C., bank said Monday it is including what are known as EMV chips in many of its consumer credit cards targeted at frequent travelers and high-net-worth customers.

via Bank of America to Offer Chip Technology for Credit Cards.

Level 3 PCI Compliance Increases Slightly, Even As Its Population Grows

The latest PCI compliance stats—out this week—show trivial changes from the prior report, with Level 2 and Level 3 retailers slightly increasing compliance. Level 2 went from 91 percent at the end of December 2011 to 92 percent as of March 31, 2012, and Level 3 also increased by 1 percent, from 58 percent to 59 percent. The largest chains, the Level 1s (processing more than 6 million Visa transactions annually), stayed exactly the same, at 98 percent.

via StorefrontBacktalk » Blog Archive » Level 3 PCI Compliance Increases Slightly, Even As Its Population Grows.

uPromise and FTC

The FTC alleged that after the personalized offers feature was enabled, extensive information was collected from the user and transmitted to Upromise, including the names of all websites visited, all links clicked by the user and information that users entered into certain web pages, such as usernames, passwords, search terms, credit card information, expiration dates, security codes and social security numbers.  The FTC alleged that there was no way a user would be able to detect the extent of the data being collected by the Upromise software without special software and technical expertise

via Privacy & Security Matters | Mintz Levin : Data Compliance & Security, Employee Privacy Lawyer & Attorney.