Investment

When a federal appellate panel sided with the U.S. Federal Trade Commission (FTC) against the Wyndham hotel chain this week, it cemented the FTC as a power to be reckoned with for companies that have poor security.

Many Americans who travel abroad have already experienced the changes that chip technology will bring when chip technology rolls out widely this year.

Following its massive 2013 data breach, Target vowed to accelerate its EMV-chip card migration, but the retailer still just barely made the card networks' deadline.

Wireless transactions provider Apriva and payment technology services company Global Payments have teamed up to release a white-label EMV mobile payment offering.

More than 212 million biometric authentication devices will be shipped over the next decade for use in financial services, according to recent Tractica market research.

WASHINGTON — A Federal Deposit Insurance Corp. publication on Monday advised banks to include cyber risk in standard disaster-planning and business-continuity exercises as part of general strategic-planning discussions.

As part of the transition to EMV-chip cards in the U.S., some issuers are adding PIN security to cards that used to require only a signature. But as technology advances, the PIN may not provide as much security as consumers believe.

As mobile wallets and other high-tech payment mechanisms proliferate, they bring with them more options for security. Companies are increasingly looking for ways to use devices' built-in cameras to urge consumers to take self-portraits for authentication.

Though most merchants will be liable for fraud if they do not upgrade to EMV-chip card terminals by the start of October, many do not see themselves affected by fraud on the same scale as the major retailers that have suffered massive data breaches.

JPMorgan Chase has named retired Army Gen. Raymond Odierno senior adviser to the company on international relations, cybersecurity, leadership development and other issues.