Enterprise Technology Spotlight: Smart payments, analytics-driven security, IT security spending
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With in-store retail customers experiencing slower transactions since the arrival of the EMV (Europay, MasterCard, and Visa) payment security standard in the U.S. four months ago, is now the right time for merchants to test contactless-only payment terminals? We delve into this question, discuss an analytics approach to security, and examine if security information and event management (SEIM) solutions are as effective as they appear to be. Here’s our weekly spotlight…
US retailers’ EMV pain opens path to contactless-only checkout lanes
With high end smartphones readily available and with the majority of EMV-enabled point-of-sale terminals containing the necessary technology to accept contactless payments, it appears that now may be the right time for merchants in the retail sector to test contactless payment- only terminals. (Mobile Payments Today)
Verizon sees analytics-driven approach to IT security in 2016
This year, companies in Hong Kong will see a shift to a more analytics-driven information security approach to help identify incidents more quickly. (Computer World Hong Kong)
The great Australian IT security spend: more brawn than brains?
Recent research shows that Australia ranks as the most “spendthrift nation” in Asia when it comes to IT security spending. What little companies do spend goes to security information and event management (SIEM) solutions. But SIEM is only able to identify an advanced threat breach less than 1% of the time! Should money be spent elsewhere? (CSO)
