Samsung_KNOX_white_paper_2014_03_12-0-0.pdf. Sess_4_dzemydiene_naujikiene_kalinauskas.pdf. Selling online: an overview of the rules. There has been a steady growth in the variety and volume of goods and services which are available on-line to both businesses and consumers, and on-line selling is increasingly seen as a major way for all businesses to save costs. Almost inevitably, as the practice of on-line selling proliferates so does the amount of legislation governing it. This article provides an overview of the law governing on-line sales in the UK and an analysis of the issues that a business should consider before setting up an on-line sales process.
The law governing online sales There are two distinct types of legislation that affect on-line retailers. Firstly, traditional consumer protection regulations apply to all consumer sales made on-line. Traditional consumer protection regulations These protect purchasers and consumers whether they are buying the goods over the counter of a shop or over the internet. Online regulations Information that must be supplied The terms and conditions should: Electronic signatures.
Money Online: Threats & Electronic Payments -Kaspersky Daily | Kaspersky Lab Official Blog. Online shopping, online money transfers and online banking save us a lot of time and make our lives easier. However, these same technologies also make life easier for cybercriminals by offering them new and easy ways to steal users’ money. Using stolen payment data is an effective and popular way of making a quick profit. Although banks try to protect their customers, attacks against individual users are still quite common. Hacking a bank is more time-consuming and expensive and the risk of being caught is higher. By contrast, many individual customers use computers with numerous vulnerabilities, which are easier to compromise. Weapons of mass infection Banking Trojans have been popular in the criminal market for several years. For example, the ZeuS banking Trojan injects its own data entry form into a web page, which enables it to get the user’s payment details (card number, CVC2/CVV2, full name, billing address etc.).
Getting over the second hurdle Financial transaction security system. Is there any risk paying online? Virtual-currency-key-definitions-and-potential-aml-cft-risks.pdf. 14q3Sullivan.pdf. EBA-GL-2014-12 (Guidelines on the security of internet payments).pdf. Payment Express - EFTPOS | Payment Gateway | Online Credit & Debit Card Processing - DPS. Payment Express are pioneers of Payment and Billing systems, certified with seamless connectivity for settlement into every bank in Australia and New Zealand, Westpac Pacific Islands and most major banks in the US and UK.
For more information on this visit our connectivity page. Payment Express develops software which processes electronic transactions in real time. Security of credit card information and personal data that is routed via Payment Express is of extreme importance and as such this document aims to outline best practice solutions that Payment Express recommends to all merchants. Security and Infrastructure Payment Express have a dedicated development and data centre specially designed for payment processing.
Payment Express are fully certified and compliant with Visa AIS (Account Information Security) and MasterCard SDP (Site Data Protection) (PCI-DSS) at processor level; using Ernest and Young Risk Management for quarterly scans on systems and full onsite audits, annually. Secure online payments | PCI data security. The beauty of the internet is attracting customers from around the world – unfortunately it also means attracting the attention of fraudsters. So it’s essential your payment security is fit-for-purpose. If you take payments online you must comply with the PCI Data Security Standard.
Penalties for security breaches can be severe (up to £500,000). Online fraud is lower than conventional retail fraud. But fear not, because perception often gets in the way of fact. Online trading is less prone to fraud than conventional ‘in-store’ trading. The Payment Card Industry Data Security Standard (PCI DSS) is a worldwide security standard developed to protect cardholders' personal information. It includes requirements for security management, network architecture, software design, security policies and procedures, and other protection of customer account data.
PCI DSS is a set of six principles that encompass these specific requirements. Where these breaches can occur: Don’t be complacent. Secure online payment system requires end-to-end encryption - Information Security Magazine. The old saying is true: Money really does make the world go ‘round. What many people don’t realize is what it takes to make the money go ‘round, so to speak. Steve Elefant When it comes to credit and debit card payments, several entities are required to process a transaction from start to finish: consumers and their payment cards, merchants and their point-of-sale (POS) payment systems, the card brands (i.e.
Visa, MasterCard, Discover Network, American Express), issuing banks, and card processors like Heartland Payment Systems, the nation’s fifth largest payments processor. Enormous amounts of electronic data and digital currency flow through this payment ecosystem as billions of transactions are processed each year. With access to the sensitive information that enables the exchange of billions of dollars in transactions each year, the payments infrastructure is a red-hot target for hackers. Forget the 14-year-old hacker kids. It’s no secret the payments ecosystem is vulnerable.