Latest Retail Security News

Weaponised doc files targeting Apple Mac users spotted by AlienVault
posted on 02/04/2012

A family of weaponised doc (MS-Office) files have been discovered by AlienVault. These weaponised doc files - in the wild are targeting the Apple Mac platform, which the company says is highly unusual given the low incidence of Apple Mac vulnerabilities. According to Jaime Blasco, a researcher at AlienVault, the Security Information and Event Management (SIEM) solutions specialist, the fact that the weaponised attacks are already in the wild is of concern, as it means that regular Mac users - many of whom do not have the kind of IT security software on their machines that their Windows colleagues do - are vulnerable to infection and computer hijacking. The hackers behind this latest family of attacks are the same anti-Tibetan group that Blasco has been tracking and written about in several weeks. The pro-Chinese hackers are, he says, continuing to escalate the cold war - which has existed between the two countries for more than 60 years - into cyberspace. "What is interesting abo... [more]

A call to action on cybercrime
posted on 30/03/2012

With two reports this week having shown the effects of fraud and cybercrime on both the FS industry and the UK economy as a whole, Pat Carroll, ValidSoft CEO, calls for commerce and financial services to ensure that fraud strategy is robust enough to deal will changing criminal methodologies. "Two interesting stats have caught my eye this week: - Fraudsters are costing the UK an estimated £73billion a year (National Fraud Authority, NFA) - Cybercrime has now become the second most commonly reported economic crime affecting companies in the financial services sector (PWC) While counter-fraud groups such as the NFA’s ‘Fighting Fraud Together’ and Get Safe Online are a positive step, and while it’s good to hear that the European Commission is going ahead with plans for a Cyber Crime Centre, what’s striking to me is the sense of “c’est la vie” that was picked up by PWC when it conducted the research. There still seems to be a certain acceptance amongst commerce and financ... [more]

YESpay releases Point-to-point Encryption
posted on 28/03/2012

YESpay now offers Point-to-Point Encryption - the latest technology that allows simple and secure payments through credit/debit cards at retail outlets while de-scoping PCI-DSS (payment card industry data security standard) certification process. This is achieved by simplifying the validation process by encrypting cardholder data at the time it enters a PINPAD/PED payment system and transporting it securely to payment processors, where it is decrypted, all within milliseconds! In today’s retail environment, where card data security is a major concern, Point-to-Point Encryption is emerging as an indispensible PCI-DSS solution. Point-to-point Encryption – Maximum security for card payments across the globe Point-to-Point Encryption (PTPE) ensures highest levels of security of cardholders’ data and hence eliminates possibilities of card data breaches at the merchant level. A cleverly PTPE designed solution also brings down the PINPAD/PED logistic costs involved at the merchant’s end alon... [more]

Oncam Global and ClickIt Inc. form an exciting partnership to enhance Retail Surveillance
posted on 28/03/2012

Oncam Global, security solutions provider, partners with ClickIt Inc. to deliver an innovative, market-leading security solution for the retail market. US-based ClickIt currently provides a comprehensive range of video solutions designed for retail environments. ClickIt’s Smart Analytics feature People Counting, Dwell Analysis, Smart Alerts and Smart Refund, providing its portfolio of retail clients with the platform to analyse key management and commercial/marketing performance data. Oncam Global will now partner with ClickIt to deploy its award-winning Grandeye 360 degree imaging technology portfolio into an integrated management and security solution for the retail market place. In the first months since this agreement has been in place, this innovative solution has been installed in over 1500 major retail outlets throughout the US. The combination of 360-degree visual surveillance and automated business analytics provides a market focused situational awareness capability idea... [more]

New report reveals European businesses complacent with sensitive information
posted on 27/03/2012

Data breaches will continue to expose European businesses to unnecessary risk and damage business reputations unless action is taken now to improve the management and protection of sensitive business information, reveals a new report by Iron Mountain and PwC. The study highlights an urgent need for a change in employee behaviour and a cultural shift among senior executives if organisations are to overcome the complacency, negligence and lack of shared responsibility uncovered by the study. The report, launched last Friday at Iron Mountain’s first European Information Risk Summit, reveals that only around half of mid-sized businesses consider the loss of sensitive information as one of their top three business risks. Less than a quarter (24%) of the companies surveyed were aware as to whether or not they had experienced a data breach in the last three years. A mere 1% of respondents consider information risk to be the responsibility of every employee, while nearly two thirds (60%) c... [more]

Other Security news and resources