Week in Review: Aug. 13, 2010

PCI Updates Won't Include New Requirements, and 3 Security Concerns Credit Unions Should Consider Before Going MobileA review of this with week's top stories by managing editor Tracy Kitten: The forthcoming PCI updates aren't expected to include anything new; and three security issues every institution should consider before jumping on the mobile-banking bandwagon.

No New Requirements Proposed in Version 2.0 of Security Standard -- The new version of the PCIDSS includes only clarifications and new guidance on existing components.

3 Security Challenges of Mobile Banking -- Security unknowns surrounding the mobile channel pose potentially serious risks for institutions and their mobile users.

ACH Fraud: 1 Year Later -- The FBI estimates 205 separate businesses have reported incidents of corporate account takeover since 2004 - the bulk of them in the past year.

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