Archive for the 'Security' Category
Payment Security
Although Visa’s fraud rate has fallen to historic low levels, Steve Ruwe, EVP, Operations and Risk Management, Visa USA, said “There is an opportunity for achieving even greater, long-term security through coordinated action. All of us at Visa, member financial institutions, merchants, government and law enforcement have a shared responsibility for stopping fraud.”
The key is to take a holistic approach to security issues, and work together to find even more ways to protect consumers and deter criminals, many of whom reside outside the United States.
“Bringing together key players from various industries, law enforcement, consumer protection organizations and government to address the security threats of today and tomorrow, is key.” Ruwe said.
There are a wide range of current issues, including:
- Reducing the threat of data compromises;
- Protecting customer information;
- Fighting fraud and ID Theft; and,
- Helping ID theft victims