point of sale

Infographic: After A Year of Breaches, Are Retailers More Secure?

After a year in which some of the U.S.’s top retailers found themselves on the wrong side of sophisticated, cyber criminal hacking groups, you may be tempted to search for a silver lining. Maybe the up side of all the attacks on retail networks and point of sale systems is an improved security posture overall? After all: if your neighbors to the left and right have their house broken into, you may well beef up your locks and alarms, even if your house hasn’t been targeted. Or, at least, that’s how the thinking goes. But Boston-based BitSight took a look at how the retail sector is faring security-wise as 2014 draws to a close. BitSight is an interesting company. They market a kind of reputation monitoring service: assessing security posture for companies by observing how they look from the outside. Think of it as a kind of Experian or TransUnion for security. […]

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Obama Uses Executive Order To Push Chip and Pin

Add data security to the long list of issues on which U.S. President Barack Obama has resorted to unilateral action in order to push the government forward on a crucial matter. On Friday, President Obama signed an Executive Order directing the government to require the use of so-called “chip and PIN” technology for any newly issued or existing government debit and credit cards. The Order was intended to make the federal government “lead by example in securing transactions and sensitive data,” the White House said in a statement. The new BuySecure Initiative will provide consumers with more tools to secure their financial future by assisting victims of identity theft, improving the Government’s payment security as a customer and a provider, and accelerating the transition to stronger security technologies and the development of next-generation payment security tools. The Order launches a new initiative dubbed “BuySecure” intended to “drive the market towards more secure payment systems” […]

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New York City Phone Booths Add Beacons, Stoke Controversy

The web site Buzzfeed has a scoop today about a stealthy deployment of beacon technology in Manhattan that has some privacy experts concerned. According to the exclusive report, by Buzzfeed’s Joseph Bernstein and Jeremy Singer-Vine, Titan a media company that sells ad space in more than 5,000 phone kiosk panels in New York City’s five boroughs, has installed about 500 beacons on its ad panels. The company went forward with the deployment with the blessing of New York City’s Department of Information Technology and Telecommunications (DoITT), but without any public input, Buzzfeed reported. Beacons are wireless devices that interact with mobile phones and other portable electronics. They’re used to provide location-specific data and interactions, such as advertisements linked to nearby businesses or to track the movements of an individual within a defined space (such as a show floor). In the case of the phone booth beacons, Titan and Sbordone, the company that provides the display […]

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Report: Home Depot Fallout Reveals History of Lax Security, Hiring

Its a truism in cyber security that behind every great hack often lies a string of bad decisions and missed opportunities. Its also true that when you dig into the details of damaging cyber incidents, the root causes are personal and psychological as often as they are technical in nature. Organizations -even sophisticated and wealthy organizations – end up making bad decisions for all the wrong reason: failing to properly assess their risk, or pursuing short term savings when long term investment is needed. Home Depot learned via law enforcement that a breach of transaction data exposed as many as 52 million credit card transactions, the largest retail credit card breach to date. But as more comes out about the breach at home improvement giant Home Depot, it starts to look a lot more like the root causes there may have started in the HR department rather than the data center. The […]

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Consumers Embrace IoT And Wearables, Worry About Security Consequences

A new survey of consumer attitudes and expectations about technology finds that a strong majority of Americans expect wearable technology and biometric security to be common within the next decade. The survey, sponsored by the security company McAfee, asked 1,500 U.S. consumers about lifestyle and technology trends in the home and workplace. The results suggest that consumers are already adjusting their expectations about the future to include pervasive connectivity, a wealth of intelligent devices – and some of the problems that come with both. More than 60% of those surveyed by McAfee said they anticipate having connected appliances like refrigerators that will “automatically add food to a running grocery list if the product is running low.” A strong majority of those polled – 84% – said they were convinced their home security systems will be connected to their mobile device. “As technology, especially the Internet of Things, continues to rapidly advance and […]

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