“Cyberschizophrenia” in the US Government


In the last few days, the US Government both mandated and rejected the same method of cybersecurity. It’s called Second Factor Authentication, specifically a One Time Passcode (OTP) sent by Short Message Service (SMS). So, together, its a “SMS OTP,” which is basically what happens when you receive a 4 to 6-digit security code to … Continue reading “Cyberschizophrenia” in the US Government

Contactless EMV – What is the Value to Retailers?


Retailers often ask, “What new POS equipment should I buy?” My answer has been the same for almost 4 years: “Nothing, yet.” My logic is this: The upcoming liability shift occurs in October 2015 for merchants that have not deployed EMV. So, any retailer that wants to accept Visa, MasterCard and/or Discover after October 2015 … Continue reading Contactless EMV – What is the Value to Retailers?