| Merchants Urged to Reduce Risk of Data Breaches
LAS VEGAS, Oct. 9 /PRNewswire/ -- The consensus of speakers at the just-concluded Real Security Summit is that the future of credit card payments depends on systems that remove useable card data stored anywhere at the merchant level. "The technology exists to achieve real security by taking card data out of merchant systems," said J. David Oder, CEO of Shift4 Corporation, which sponsored the Summit. "Hackers and bad guys will always be on the attack, so the prudent approach is to minimize risk by not storing data in merchant systems." What was described by Jonathan Rusch of the U.S. Department of Justice as a "global security epidemic" is fueled by terrorist groups and organized crime turning to credit card fraud as a ready source of cash. "Terrorists are always learning and exploiting the system.
Merchant Risk Council Recommends Businesses Incorporate Extended ...
SEATTLE, Nov. 20 /PRNewswire/ -- The Merchant Risk Council (MRC), the retail industry's premier trade association for preventing online fraud and promoting secure e-commerce, announces the organization's recent incorporation of Trustwave's Extended Validation SSL Certificate to the Merchant Risk Council's Web site. Trustwave is a Certificate Authority (CA) and has issued SSL certificates to thousands of businesses worldwide. SSL is used to protect confidential information, such as credit card numbers or passwords, sent between Web users and Web sites. SSL, which stands for Secure Sockets Layer, Extended Validation (EV) certificates provide an additional layer of protection through a strictly defined issuance process to ensure that the certificate holding entity is validated as the entity they claim to be.
The Free Market: A False Idol After All?
FOR more than a quarter-century, the dominant idea guiding economic policy in the United States and much of the globe has been that the market is unfailingly wise. So wise that the proper role for government is to steer clear and not mess with the gusher of wealth that will flow, trickling down to the every level of society, if only the market is left to do its magic. That notion has carried the day as industries have been unshackled from regulation, and as taxes have been rolled back, along with the oversight powers of government. Faith in markets has held sway as insurance companies have fended off calls for more government-financed health care, and as banks have engineered webs of finance that have turned houses from mere abodes into assets traded like dot-com stocks. But lately, a striking unease with market forces has entered the conversation.
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