Top 5 Security Stories in 2015

2015 was a remarkable year in the IT security area. There was never a dull moment with novel attack methods, new enemies, massive breaches of healthcare organizations and the OPM, Hacking Team’s embarrassing takedown, and cars and toys becoming targets. Hard to imagine it all fit into just 365 days and it doesn’t look like it will slow down one bit with the New Year. Below is a brief look… Read more


Security of Internet payments – National authorities enforcing EBA Guidelines

Last Thursday, on 21 May 2015, the European Banking Authority (EBA) published the compliance notifications from the various European national authorities regarding the enforcement of the EBA Guidelines for the Security of Internet Payments. I already discussed the Guidelines in an earlier blogpost. This blogpost provides an update in light of the publication of the compliance notifications by the EBA. Background On December 19, 2014, the European Banking Authority (EBA)… Read more


Why Banks Will Win the Battle for the Mobile Wallet

In September of 2014, Apple CEO Tim Cook promised that his company’s upcoming mobile payment offering would forever change the way we buy. The announcement of Apple Pay undeniably accelerated our collective migration towards mobile payments.  Even though Apple has received most of the media attention, I believe it will be banks that will emerge as the winners after the dust has settled.  This is because they are the undisputed… Read more


Security of Internet Payments: Legislative Developments in Europe

In January 2013, the SecuRe Pay forum of the European Central Bank (ECB) published its “Recommendations for the security of Internet payments”. With these recommendations, SecuRe Pay aimed to create a minimum level for the security of Internet payments, and to harmonize the security of payments within the European Economic Area (EEA). Since then, many regulatory and legislative initiatives related to electronic payment security have occurred. The SecuRe Pay forum… Read more