PCI

News & Analysis as of

PCI DSS 3.0: Business as Usual?

In the past, critics of the Payment Card Industry (PCI) Data Security Standard (DSS) have alleged that the DSS requirements either (1) provide little more than a minimal baseline for security with a “check-the-box” compliance...more

Genesco Wins One, Loses One in Its Case Challenging PCI DSS Fines and Assessments

On November 25, 2013, Chief Judge William Haynes filed the latest order in Genesco v. Visa, Civ. No. 3:13-cv-00202 (M.D. Tenn.). In his one-line order, Judge Haynes denied Genesco’s motion for partial summary judgment...more

Payment Card Group Refines Data Security Standards

On November 7, the PCI Security Standards Council (PCI SSC), an organization that develops standard for payment card security, released updated data security standards. One standard applies to entities involved in payment...more

Updated Data-Security Standards for Credit-Card Transactions

New security standards are scheduled to be released by the PCI Security Standards Council on November 7th. The updated standards are expected to require companies to protect credit-card terminals from physical tampering and...more

PCI Data Security Standards Council to Release New Version of PCI DSS

In August 2013, the Payment Card Industry (PCI) Security Standards Council released Highlights of new versions of the Data Security Standard (DSS) and Payment-Application Data Security Standard (PA-DSS). The Council is...more

Visa Loses Motion to Dismiss in Genesco Case - Are the Days for PCI Assessments Numbered?

In a highly anticipated decision, a federal court in Tennessee let stand a retailer’s claims against Visa for violation of California’s Unfair Competition Law (UCL) and for common law claims for unjust enrichment and...more

You Say “Tomato,” I Say “Tomahto” – Not All Deadlines Are Created Equally – At Least Under the Miller Act

Deadlines. Being a litigator I take deadlines serious. Cases can be won or lost by failing to meet deadlines. But when is a failure to meet a deadline an absolute bar to making a claim and when might it...more

PCI Security Standards Council Offers Guidance For Protecting Payment Card Data

On February 14, the PCI Security Standards Council, the open global forum responsible for setting payment security standards, issued guidelines for merchants on the factors and risks they must address to protect card data...more

Infobytes - A Weekly In-depth review of news & developments in the financial services industry - February 22, 2013

In This Issue: - FEDERAL ISSUES - STATE ISSUES - COURTS - MISCELLANY - FIRM NEWS - FIRM PUBLICATIONS - MORTGAGES - BANKING - CONSUMER FINANCE - PAYMENTS - SECURITIES - Excerpt from Mortgages:...more

Do Merchants That Outsource Payment Processing Still Have Risk From a Breach?

Last week a small New England bakery announced that its point-of-sale (POS) devices were infected with malware that may have put card data at risk....more

The Retail Point Of Sale Goes Mobile

Mobile point-of-sale payment terminals have experienced explosive growth over the past year. Unlike a traditional point-of-sale terminal, a mobile terminal communicates wirelessly when processing payment cards. There are...more

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