Chapter 3
Security and the Payment-Card Industry
The increasing adoption of payment cards as a medium of business transactions has resulted in an exodus of people from using traditional media like cash, checks, and notes to the mass usage of payment cards for their daily personal and business transactions. The payment-card industry has systemically ensured that businesses and consumers constantly embrace the payment-card industry for ease of use and sheer convenience. However, this has also attracted a more nefarious brand of individuals and organizations. The ubiquity of payment cards has also ensured that attackers are constantly looking to extract this information from banks, merchants, and any other entities handling card information. This ...
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