The possibility grows that hackers could take away control of the car from drivers as more automakers provide vehicle-to-vehicle and vehicle-to-infrastructure communications networks to third-party development.
The U.S. reliance on the magnetic stripe is having global consequences. European countries that have made the shift EMV say they are suffering from higher-than-ever incidents of ATM skimming because of the lingering mag stripe.
Richard Oliver says globalization and the advent of the Internet have been two of the most influential technology innovations to hit banking over the last three decades. But a number of outdated card technologies, such as the magnetic stripe, lingers and is exposing the payments industry to fraud.
Card fraud, globalization and emerging technology are pushing U.S. merchants and card issuers to take closer looks at the EMV chip standard, and the PCI Security Standards Council is helping to lead the charge.
The National Institute of Standards and Technology issues NIST Special Publication 800-142: Practical Combinatorial Testing, a method aimed at cutting cost and increasing the effectiveness of software testing for many applications.