Mitigating Data Breaches in Payment Security with SISA’s PaySIRF
Rising payment security incidents and breaches has still not spurred most organizations to institute an effective plan to handle threats. Payment breaches are highly targeted and motivated attacks, prompting the payment industry regulatory body to come out with Requirement 12.10 as part of PCI Compliance standards, which effectively necessitates that organizations have an incident response mechanism. However, the challenges of payment security are unique in that they are constantly evolving and myriad factors are at play. For instance: Investigating a payment security incident requires in-depth knowledge and forensics expertise — both scarce commodities in the marketplace toda Delay in responding to attacks can be ruinous to the organization The first set of actions taken after detecting an incident determines the success of any investigation; incorrect action can cause millions of dollars of damage, including loss of reputation. While a breach is imminent given the g...