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Majority of Global Merchants Fall Short on Card Data Security Compliance

first_img This story originally appeared on Reuters March 11, 2015 Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Four out of five global retailers and other merchants failed interim tests to determine whether they are in compliance with payment card data security standards, putting them at increased risk of cyberattacks, according to a new report by Verizon Communications Inc.Businesses must be vigilant in maintaining security to remain compliant with the Payment Card Industry Data Security Standard (PCI DSS), required by payment card issuers. Most of the companies have a tendency to run upgrades of security software and hardware only when they approach an annual compliance check, according to Verizon.The report, which gathered data in 30 countries by assessing more than 5,000 merchants including retailers, financial institutions and hospitality firms among others, found only 20 percent of those tested to be fully compliant less than a year after installing security safeguards.From 2013-2014, overall compliance went up by 18 percentage points for 11 out of the 12 payment data security standards.The report acknowledged the standards are only a baseline, an industry-wide minimal acceptable standard. The volume and scale of breaches in the past 12 months have shown that this is not stopping attackers, Verizon said.However, out of all the data breaches in the past 10 years that Verizon studied, not a single company was found to be compliant at the time of the breach.Credit and debit cards account for two-thirds of purchases by value in the United States. A further $2.17 trillion is spent via electronic methods, such as PayPal and mobile payments — many of which are ultimately backed by card transactions, the report said.(Reporting by Nandita Bose; Editing by Jim Finkle and Ken Wills) Growing a business sometimes requires thinking outside the box. 2 min read Register Now »last_img read more

Link road at busy roundabout to reopen to public tomorrow

first_imgGet the biggest Daily stories by emailSubscribeSee our privacy noticeThank you for subscribingSee our privacy noticeCould not subscribe, try again laterInvalid EmailA major road into a South Cheshire town centre is set to reopen this week following months of roadworks. The link road junction between Crewe Green Roundabout and Hungerford Road and Sydney Road in Crewe will be reopened on Thursday afternoon according to Cheshire East Council. A council spokesman said: “Initially, the new roundabout layout will operate with a single lane of traffic to allow for construction works to continue safely. The pedestrian and cycle crossings points already installed will be in operation. “All lanes will open towards the end of phase three, with the roundabout expected to be fully open to traffic in November as planned.” Phase three of the long-running work at Crewe Green roundabout is set to include the following: Read MoreControversial plans for car park near Stoke-on-Trent mosque set to be APPROVED at third time of asking ● Completion of construction work between the A534 and Crewe Road; ● Landscaping and planting will be carried out to the centre of the roundabout; ● Works will be completed on the maintenance layby and road signs; ● Modifications will be made to the existing traffic islands; and ● A crossing will be installed on the A534 Haslington bypass. Want to keep up to date with the latest traffic and travel news?Each day Stoke-on-Trent Live journalists bring you the latest news on the roads and railways across Stoke-on-Trent, North Staffordshire, South Cheshire and further afield to help keep you on the move. For the very latest updates on roads including the M6, A500, A50 and more, visit our dedicated traffic and travel news channel here. We also run a live news feed each weekday, which you can access on our website’s homepage from 7am to 9pm from Monday to Friday. And for more as-we-get-it updates on the roads across the region and beyond, join The Sentinel’s traffic and travel Facebook group here.last_img read more

How perceptive is Canada compared to other countries Take the quiz here

first_img Posted by Thursday, September 13, 2018 Share Travelweek Group How perceptive is Canada compared to other countries? Take the quiz herecenter_img TORONTO — Way to go, Canada! We’re not as ignorant as other countries of the world.According to a new survey from Ipsos MORI, Canada ranks 32nd in The Perils of Perception 2017 survey. The good news? The United States fared even worse in 23rd place.The study, says Ipsos, highlights how wrong the online public across 38 countries are about key global issues and features of the population in their home country. A total of 29,133 interviews were conducted between Sept. 28-Oct. 19, 2017 via the Ipsos Online Panel system.“Across all 38 countries in the study, each population gets a lot wrong,” said Bobby Duffy, Managing Director of Ipsos MORI Social Research Institute, London. “We are often most incorrect on factors that are widely discussed in the media, such as deaths from terrorism, murder rates, immigration and teenage pregnancy.”Duffy added that there are multiple reasons for these errors, “from our struggle with maths and proportions, to media and political coverage of issues, to social psychology explanations of our mental shortcuts or biases.” But based on previous studies, he added, “this is partly because we overestimate what we worry about: the more we see coverage of an issue, the more prevalent we thing it is, especially if that coverage is frightening or threatening.”More news:  Can you guess the one and only hotel company to rank on Indeed’s Top Workplaces in Canada list?South Africa received the dubious honour of being the most inaccurate in their perceptions, with Brazil and the Philippines rounding out the top three.Here is the complete list:South AfricaBrazilThe PhilippinesPeruIndiaIndonesiaColombiaMexicoTurkeySaudi ArabiaArgentinaItalyChileJapanMalaysiaFranceSouth KoreaHungaryNew ZealandNetherlandsHong KongPolandUnited States of AmericaRussiaGermanyAustraliaChinaSingaporeIsraelGreat BritainBelgiumCanadaSerbiaMontenegroSpainDenmarkNorwaySwedenHow well do you think you know your stuff about Canada’s top issues? Take the Ipsos quiz here: http://perils.ipsos.com/quiz/index.html Tags: IPSOS, Statistics << Previous PostNext Post >>last_img read more