Contactless Smart Cards, RFID, Payment, Transit and Security

Survey: Businesses not complying with PCI

Monday, March 1, 2010

A report by The Ponemon Institute on behalf of Thales, released information regarding the Qualified Security Assessors’ recommendations and costs for the information and communication security industry.

The report titled, PCI DSS Trends 2010 – QSA Insights, found that 41% of businesses would fail compliance audits if unable to rely on temporary compensating controls to meet Payment Card Industry Data Security Standard (PCI DSS) requirements.


Feedback and suggestions from the assessors include comments on PCI requirements and data encryption solutions. For example, assessors find the most difficult requirement in PCI is restricting access to cardholder data on a business-driven need-to-know basis

Additionally, 41% of assessors, controlling access to encryption keys is the most difficult key management task faced by clients using encryption. 81 percent of assessors suggest the use of a hardware security module for encryption and key management as a more user-friendly option.

This study shows that many merchants are primarily focused on complying with PCI and less on protecting sensitive information, which has become the primary concern among assessors. [end] 

Barclaycard Global Commercial Payments has announced the launch of the UK’s first contactless corporate payment card.

All new cardholders can make purchases of £15 or under by simply holding the card over a reader. Aside from greater convenience for customers, the cards enable businesses to track all small transactions that until now were typically made with cash.

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CARTES in North America, a new annual card manufacturing, payment, identification and digital security expo and conference, has placed mobile payments at the center of its agenda of this year’s inaugural event.

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United Arab Emirates (UAE) travelers prefer making payments via mobile rather than using cash or credit card, according to a recent survey commissioned by travel technology and transaction processor Amadeus.

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A new survey from Euro Kartensysteme shows that Germans are starting to embrace the idea of contactless and NFC payments.

Out of 1,040 Germans aged 18-59, 43% responded that they would like to make contactless payments if given the opportunity, of which 58% percent would make their payments with a debit card card, 41% with a credit card and 50% with an NFC phone.

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Authentication and access provider DigitalPersona released the results of a survey that found more than half of retailers rely on passwords for point-of-sale system login in, even though they also have great concerns over passwords being shared and misused.

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A recent survey conducted by Wincor Nixdorf shows that a strong majority of French consumers are interested in using fingerprint scanning technology to secure transactions.

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