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What's the latest in electronic payments acceptance -- including legislative updates, fraud prevention, and tips for saving money on payment processing?  The links below have answers and are regularly updated, so bookmark this page and come back often!

The PA-DSS Deadline Looms Payments industry expert Ross Federgreen comments on the July 1 deadline for PA-DSS, when all payment applications must be compliant. All payment processors need to ensure that their merchants are using compliant software. Merchants should be knowledgeable about their payment application and their current version.
T.J. Maxx Hacker Sentenced to 20 Years in Prison Charged with wire fraud, identity theft and other crimes, Albert Gonzalez confessed to accessing retail credit card systems through unsecured wireless networks from BJ’s Wholesale Club, Barnes & Noble as well as T.J.Maxx.
The Navy Gets It: Protective Measures for Personally Identifiable Information From laptop equipment to email, printed and faxed materials, disposal and storage of documents and the reporting of incidents, the Navy does a great job of providing resources and information. They provide a stellar example of what corporations should take note of and emulate.
40% of Suspicious Activity Reports Filed Involve Amounts Between $10 and $50K May 19, 2010 – Deputy Director Steele of the Financial Crimes Enforcement Network in the Dept. of Treasury testified before the House Committee on Ways and Means, offering some perspectives on potential money laundering vulnerabilities in the traditional, brick-and-mortar gambling industry. His statement reviews trends found in Suspicious Activity Reports filed by gambling casinos.
Federal Reserve Issued New Gift Card Rules to Amend the Credit Card Accountability, Responsibility and Disclosure Act of 2009 The final rule restricts dormancy, inactivity, or service fees with respect to a gift certificate, store gift card, or general-use prepaid card and prohibits the sale or issuance of such certificates, gift and prepaid cards that have an expiration date of less than five years after the date a certificate or card is issued or the date funds are last loaded.
Data Breaches Are Heaviest at Hotels Hackers are now stealing credit-card data from hotels more often than any other industry. The most common weakness at hotels is the security surrounding point-of-sale software—the software hotels use to process credit-card transactions.
Microsoft Battles Cyber Criminals: Is Your Company Network Secure? Microsoft granted permission to deactivate hundreds of Internet addresses that the company linked to an army of tens of thousands of PCs around the globe, infected with computer code that allows them to be harnessed to spread spam, malicious virus programs and mount mass attacks to disable Web sites.
Targeted by Data Thieves - Protect Your System to Avoid the Malware Nightmare Criminals are now focusing on attack methods to intercept cardholder data in transit during the transaction authorization process. As criminals continue to target the hospitality industry, efforts to stop them must keep pace.
Cybersecurity Chief to Fill a Post Filled With Challenges New US. cybersecurity chief must manage turf wars, budget battles and a far-flung bureaucracy.
DHS to hire up to 1,000 cybersecurity experts Dept. of Homeland Security will hire up to 1,000 cybersecurity experts to protect US computer networks.

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