Friday, May 22, 2009

RSA Pledges to Tackle Credit Card Fraud

RSA pledges to tackle credit card fraud
Insurance firm offers package to help businesses.  Insurance provider RSA has launched a package of materials aimed at helping retailers tackle credit card fraud.

Credit card theft and cloning have been heavily in the news of late, with rising incidences and new security technologies both recently reported.  RSA has now launched a series of tools - including workshops and self-assessment questionnaires - which retailers can use to ensure they adhere to the Payment Card Industry's Data Security Standard, which is a series of measures aimed at tackling fraud.

"Retailers currently face a great deal of challenges with fragile sales and regular and frequent changes to legislation," said Des Cross, RSA retail director.  "The threat of security attacks on their computer systems leading to the abuse of customer data is yet another growing worry for them and could prove costly to their reputation.  "We have created a package to help businesses keep all of these worries under control."  Some of the more novel approaches to tackling credit card fraud revealed lately have included a card with its own keypad and a card that can tell which country its owner is in.

Disqus for ePayment News