02.12
· Gaping hole: EMV Chip+PIN vulnerable to man in the middle attacks. Translation: millions of European card holders at risk of card fraud (that to the bank’s eye doesn’t look like fraud) http://www.lightbluetouchpaper.org/2010/02/11/chip-and-pin-is-broken/
· E2E and tokenization increase security but do not decrease scope, unless “if, and only if, it has been validated that the entity that possesses encrypted cardholder data does not have the means to decrypt it.” “Once the cardholder data is encrypted or tokenized, and so long as the merchant never has the ability to retrieve clear text data, all the downstream systems could be out of scope. Otherwise, all bets are off and all your cardholder data are in scope. You may have improved your security, but you have not reduced your PCI scope.” http://www.storefrontbacktalk.com/securityfraud/security-versus-scope-choose-one/
· Visa increases the number of merchant categories eligible for “no signature for $25 or less”, decreasing tender time for cash heavy discount merchants http://www.paymentsnews.com/2010/02/visa-extends-no-signature-required-to-additional-merchant-categories.html
· Dutch retailers expecting to go cashless in five years http://babelfish.yahoo.com/translate_url?doit=done&tt=url&intl=1&fr=bf-home&trurl=http://www.nu.nl/economie/2180145/contant-geld-verdwijnt.html&lp=nl_en&btnTrUrl=Translate
· NEC using facial database to estimate age of customer to within 10 years http://www.storefrontbacktalk.com/crm/nec-using-hair-color-ear-shape-to-help-digital-signage-guess-consumers-age/