New security requirements for payment card vendors

The PCI Security Standards Council (PCI SSC) has published version 1.1. of its PCI Card Production Security Requirements. The updated standard helps payment card vendors secure the components and sensitive data involved in the production of payment cards, protecting against fraud via the compromise of card materials.

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Vulnerabilities Identified in NY Banking Vendors

To bolster security, banks in New York are planning to enact new regulations for any third party vendors they do business with.

The report “Update on Cyber Security in the Banking Sector: Third Party Service Providers,” released by the New York State Department of Financial Services (NYDFS) highlights key security risks associated with vendors in the banking sector.

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Five Best Mobile Document Scanning Apps

Scanning receipts while you travel, notes on a whiteboard, or sketches on an envelope can be easy. The best apps for the job take a snapshot, can do text recognition, save your scan to the cloud for future reference on other devices, and more.

Here is lifehacker’s five best mobile document scanning apps.

Onapsis Bizploit v1.50 – SAP Penetration Testing Framework

Onapsis Bizploit is an SAP penetration testing framework to assist security professionals in the discovery, exploration, vulnerability assessment and exploitation phases of specialized SAP security assessment. The framework currently ships with many plugins to assess the security of SAP Business Platforms. Additional plugins are available for broader platform support including Oracle.

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Smart ATM offers Cardless Cash Withdrawal to Avoid Card Skimmers

Banks have tried every effort, from providing Magnetic Stripes based Credit and Debit Cards to Chip-and-Pin Cards, in order to secure its users from credit card cloning and card Skimmers.

It has been known from years that Magnetic stripe are incredibly hackable, but Chip-n-Pin cards have also been hacked and successfully cloned by a group of security researchers. A unit of Canada’s Bank of Montreal, BMO Harris Bank is launching the U.S.’s biggest cardless ATM network that allows its customers to withdraw cash within seconds, using nothing but their smartphones.

Read more here.