October 6, 2014

After large-scale payment data breaches at Target, Sally Beauty, Michaels, Niemen Marcus and the recently confirmed breach at Home Depot, it seems that no retailer is safe from skilled hackers. The incidents also bring to light such questions as “why are payment system breaches happening more frequently?” and “how can they be stopped?”

March 4, 2014

While debate goes on about the use of technology to reduce the potential for credit card fraud, there are basic operational steps that retailers can take now to protect customer data and minimize risk. And the starting point should be to draw up a statement of standard operating procedures (SOP) for everyone in the organization.

December 19, 2013

Target confirmed that it suffered a major data breach that may have affected as many as 40 million credit and debit card transactions at Target stores between Nov. 27 and Dec. 15.

April 3, 2012

American Express Co. has become the first company to pull its gift cards from being sold in New Jersey drug stores, supermarkets and convenience stores in response to a controversial new revision in the state's unclaimed property law.

March 16, 2011

By David McDowell, partner, Morrison & Foerster and Samantha Goodman associate, Morrison & Foerster

January 18, 2011

Survey results released Tuesday by CyberSource, a Visa Co., showed that the online fraud rate has remained flat in the United States and Canada; however, U.K. merchants are seeing a rise in e-commerce fraud.

July 16, 2010

On Wednesday, Visa Inc. launched a new payment card security initiative that the company said could eliminate the need for retailers and other organizations to store full, 16-digit credit and debit card numbers on their systems.

The move comes in response to long-standing pressure from the National Retail Federation, which maintains that merchants should not be required to store the information because of security risks.

July 14, 2010

On Wednesday, Visa Inc. launched a new payment card security initiative that the company said...

March 19, 2010

According to VeriSign Global Security Consulting Services, the leading reason why companies fail their PCI assessment is the failure to protect cardholder data.

March 31, 2007

“Just because you’re paranoid doesn’t mean everyone isn’t out to get you.” It’s sad when...

February 28, 2007

Less than 60 seconds—that’s how long it took me to discover I could be a...