Checkout.com, cloud-based global payment solutions provider, announced the hire of J.P. Morgan cybersecurity expert and cloud evangelist Adrian Asher as Chief Information Security Officer (CISO) and head of cloud architecture. 

Throughout the pandemic, the payments threat landscape was largely influenced by the ongoing COVID-19 pandemic. Cybercriminals continued to employ tried and true methods, such as phishing, payment account enumeration, eCommerce skimming, ransomware, among others to exploit many vulnerabilities during the pandemic, says Natalie Kelly, Visa’s SVP, Global Head of Payment Ecosystem Risk. Here, we talk to Kelly about the payments fraud ecosystem, her role at Visa, ensuring business continuity through the evolution of the payments threat landscape and more. 

International technology standards consortium Object Management Group® (OMG®) and the Industrial Internet Consortium® (IIC™) announced the first vertical profile for the recently released v1.2 of the IoT Security Maturity Model (SMM) Practitioner’s Guide. Targeted specifically for the retail industry, IoT SMM: Retail Profile for Point-of-Sale Devices will help retail organizations determine the right level of investment to meet their security needs.

Joe Eng has joined Billtrust as Chief Information Officer. Eng will oversee Billtrust's IT infrastructure, security and product strategy and development teams. 

Rutter's, a chain of convenience stores and gas stations with 72 locations in Central Pennsylvania, West Virginia, and Maryland, has provided a notice to its customers of a data breach incident. 

Sixty-one percent of merchants believe they’re at greater risk of a data breach than a year ago, while 22 percent of merchants have experienced data theft in the last year alone.

In the list of considerations for how to pay for purchases, the security of the transaction method tops cash back and loyalty points for most consumers. That's the conclusion of a recent major payment industry study, reinforced by separate results from new private research.

As smartphones and wearable devices continue their exponential growth in Canada and globally – it’s expected to be worth $34 billion by 2020 – Canadians will need to be wary of the increasingly popular “Tap” payment channel (or alternative NFC wearable device) service.