Yet another state, Louisiana, is looking to convert plastic back to paper, at least when it comes to how tax refunds are distributed. Under a bill approved by the state’s House Ways and Mean Committee on March 31, taxpayers who do not specify a specific...
Iris recognition technology has arrived and to be the security of the future. SRI International presented a white paper outlining how a range of organizations will be able to authenticate people once iris recognition becomes the standard. According to the report iris recognition systems will strengthen...
In the past couple of weeks, Target and its security assessor have faced scrutiny over the breach Target experienced at the end of last year. Hit with a lawsuit by two banks one day, the institutions a week later dropped the litigation without saying why....
U.S. state attorneys general reportedly have launched a multistate investigation into a breach in which crooks allegedly gained access to some 200 million Social Security numbers via a unit of credit bureau Experian PLC. Among the states conducting the investigation include Illinois and Connecticut, according...
Trustmark National Bank and Green Bank N.A. have dropped their lawsuit against Target and its security assessor, Trustwave Holdings Inc. The two banks filed suit last week following the theft of 40 million credit-and debit-card numbers during massive 2013 security breach at the retailer. The...
Deep within an bunker in what is reportedly “at the base of a volcano in a secure location,” Edward Snowden ruined the Robert Nozick Society’s annual Hero’s of Liberty dinner with his unexpected announcement that the National Security Agency had in fact invented bitcoin as...
During a Senate Commerce, Science and Transportation Committee hearing last week, U.S. Sen. John Rockefeller (D-W.Va.) questioned Target's chief financial officer, John Mulligan, about the preventative measures the company could have taken to prevent last winter’s data breach.
Jumio’ new Bitcoin-related security system sounds like it came out of a science fiction novel. Under its innocuous name, Bison (Bitcoin Identity Security Open Network), the system aims to instill greater trust and confidence in a virtual currency ecosystem beset with security headaches, according to...
In her commentary column in the March 24 PYMNTS newsletter, Market Platform Dynamics’ CEO Karen Webster asked whether now is the time to hit the pause button on EMV. She’s not alone in sharing that view, as more payments-industry insiders are wondering whether the push for...
