It’s a New Day for Payment Card Fraud Liability

January 4, 2016 | Data Breach, Fraud, Payments

According to the global 2015 Cost of Data Breach Study by the Ponemon Institute, the average total cost of a data breach for the participating companies increased 23 percent over the past two years to $3.79 million. Now breach costs are likely to rise further as banks and payment processors shi ....

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It’s Not Just a Check The Box Exercise: Building a Culture of Compliance

October 13, 2015 | Compliance, Corporate Culture, Payments, Risk

Last week I outlined ideas on implementing appropriate best practices in structuring effective compliance programs. Leveraging program management disciplines can streamline the logistics of compliance management. However, process alone is not sufficient without the right “tone at the top” to foc ....

Joint Advisory Bulletin: Mobile Payment System Vulnerability

September 30, 2015 | Industry Verticals, Payments, PCI, Public Policy

Earlier this month, the U.S Secret Service, in collaboration with the Payment Card Industry (PCI) Security Standards Council, released a Joint Advisory Bulletin: Mobile Payment System Vulnerability. The advisory discuses the Growing Criminal Exploitation of Provisioning in Mobile Payments. Excerpt ....

Three Tips for Business Associates Outside the Healthcare Industry

June 23, 2015 | Health Insurance Portability and Accountability Act (HIPAA), Healthcare, Industry Verticals, Public Policy

Some business associates (BAs) have been around a long time serving all or mostly healthcare clients. For those companies, the ins and outs of the HIPAA Final Omnibus Rule of 2013—which expanded the definition of a BA and added new requirements—may be old hat. But many other companies outside t ....

New Study: Healthcare Vendors Challenged with Security Healthcare Data

May 18, 2015 | Healthcare, Industry Verticals, Security

The Fifth Annual Benchmark Study on Privacy & Security of Healthcare Data, by the Ponemon Institute and ID Experts was announced and we wanted to share some interesting findings. For the first time, Covered Entities and Business Associates were surveyed, revealing the differences and similarities th ....

PCI and Tomorrow’s Payments Security Environment

April 30, 2015 | Payments, PCI

Every so often it’s useful to sit back and reexamine a subject from a 40,000 foot perspective. In the last six to eight weeks, three unrelated items have caused me to do just that as I think about security issues in the payments card arena, never an easy subject even in the best of circumstances. ....

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