A site dedicated to providing credit unions with relevant news and information related to security and information technology.
Thursday, April 30, 2015
Payment Innovation Outpacing Security: Study
Security hasn’t kept pace with technology and there is widespread concern that new payment technology such as virtual currencies, mobile payments and e-wallets increase a breach risk, according to a new study.
The study found that emerging payments technologies coming in the wake of 2014’s mega retail breaches are threatening a landscape in which financial institutions, retailers, payment processors and credit card brands are facing more scrutiny than ever before.