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  • In rare move, banks sue Target's security auditor

    Two banks that claim to have suffered losses from the recent data breach at Target have sued Trustwave Holdings Inc., the company that was responsible for validating Target's compliance with the Payment Card Industry Data Security Standard.

  • Tip of the Hat: Facebook blocks NSA spies -- for now

    In the wake of revelations exposed in classified National Security Agency documents leaked to reporters by Edward Snowden, Facebook must show its users that their data is safe from the prying eyes of government spies.

  • EMV smartcards offer security benefits even without PIN, Visa says

    A senior executive from Visa Inc. dismissed concerns over the manner in which the Europay MasterCard Visa (EMV) chip card standard is being implemented in the U.S. and insisted the move will yield significant security benefits for retailers, consumers and banks.

  • Banks push for tokenization standard to secure credit card payments

    A group representing 22 of the world's largest banks is pushing for broad adoption in the U.S. of payment card technology called tokenization, citing shortcomings in the planned migration to the Europay MasterCard Visa smartcard standard over the next two years.

  • PCI security standard remains solid, chief says

    The head of the organization in charge of maintaining security controls over credit card transactions insisted Monday that its standards remain solid despite the concerns raised by data breaches at Target and other companies.

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