News & Analysis as of

Data Security PCI

McDermott Will & Emery

[Webinar] PCI DSS 4.0: Timelines and Initial Preparation Steps Required for Your Business - February 1st, 12:00 pm - 1:00 pm EST

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Last year, the Payment Card Industry Security Standards Council released version 4.0 of its Data Security Standard (PCI DSS 4.0). The new version, which brings major changes to the payments ecosystem and compliance...more

Husch Blackwell LLP

Utah Gets A New Data Breach Defense Law

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Keypoint: New Utah law creates incentive for businesses to develop and implement a written cybersecurity program to protect themselves against data breach lawsuits. On March 11, 2021, Utah governor Spencer Cox signed the...more

Fox Rothschild LLP

Best Practices: Remote Working Cybersecurity Safeguards For The Payments Industry

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COVID-19 has caused more employees to work remotely or at home, presenting cybersecurity challenges to organizations in the payments industry. PCI Security Standards Council has issued best practices to secure and protect...more

Davis Wright Tremaine LLP

PCI DSS v. 3.2: New Requirements Coming to Protect Your Customers’ Wallets

The Payment Card Industry (PCI) Security Standards Council (PCI Council) released Version 3.2 of the PCI Data Security Standard (PCI DSS), containing several new requirements for merchants, acquirers, and other entities that...more

Carlton Fields

The CFPB Takes First Enforcement Action Related to Data Security Practices

Carlton Fields on

The Consumer Financial Protection Bureau (CFPB ) has taken its first UDAAP action against a consumer financial service provider related to data security practices. Since its launch in December 2009, Dwolla, Inc. ("Dwolla"),...more

King & Spalding

PCI Security Standards Council Issues “How-To” Guide For Responding To A Data Breach

King & Spalding on

On September 29, 2015, the PCI Security Standards Council (“PCI SSC”) issued a press release and accompanying guidance to businesses for incident response management in the event of a data breach. PCI SSC is a global forum...more

BakerHostetler

New PCI Guidance Provides Businesses With Security Incident Response Assistance

BakerHostetler on

A security event involving payment card data, especially card present data, can be one of the most costly events a company may face. Not only did a recent study report the average total cost of a data breach as $3.8 million,...more

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