Migrating U.S. payment systems to the Europay MasterCard Visa (EMV) smartcard standard could take significantly longer than envisioned and offer fewer security benefits than what's being touted by proponents of the technology.
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Retailers and banks must move quickly to figure out who should be responsible for better securing the payments system network or risk having Congress decide for them.
Target's acknowledgement Friday that personal data of 70 million people, not 40 million as previously thought, may have been exposed to hackers in a recent data breach raises new questions about the incident and how it could affect victims.
When people talk about the Internet of Things (IoT), the most common examples are smart cars, IP-addressable washing machines and Internet-connected nanny cams.