Avivah Litan

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Archives for November, 2010


Don’t ask, Don’t tell – when it comes to breach disclosure

by Avivah Litan  |  November 30, 2010  |  1 Comment

I was having a conversation with a colleague today who reminded me of the new meaning of  ‘Don’t ask – don’t tell’ when it comes to breach disclosure. I actually heard this theme from health care clinics and companies in response to some of the new health care reform acts, including the one that addresses […]

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Visa Europe sets trend with mobile location-based fraud detection

by Avivah Litan  |  November 29, 2010  |  1 Comment

Visa Europe announced last week that it is contracting with ValidSoft to provide mobile location services that help banks detect fraud.  We believe these services have great value when it comes to protecting payment accounts and preventing fraud, and that many more banks and card companies will adopt them once they see the value. The […]

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Fed Reserve Bank hack – don’t banks need PCI?

by Avivah Litan  |  November 21, 2010  |  3 Comments

Last week a Malaysian man was charged for hacking into the Federal Reserve Bank of Cleveland’s computer systems and for stealing more than 400,000 credit and debit card numbers.  Later on IDG News reported that the Fed said he only broke into a test Fed system and that the Fed doesn’t process card numbers so […]

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American Express follows Visa and MasterCard by acquiring Accertify

by Avivah Litan  |  November 5, 2010  |  1 Comment

Yesterdays announcement by American Express that they are purchasing Accertify, a web fraud detection vendor (covered in our Web Fraud Detection Magic Quadrant) for $150M came to me as a bit of a shock, even though it’s just a repeat of earlier news we have had this year. After all, Amex, Visa, Mastercard, and other […]

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