On May 7, 2013, DWT partner Randy Gainer gave a presentation to the Bank Executive Management Committee on the topic of “Preventing Damages to the Bank and its Customers from Account Takeover Fraud.” His presentation touched on the following issues: What is account takeover fraud? How can such fraud damage the Bank and its customers?… Continue Reading
Randy Gainer
Preventing Damages to the Bank and its Customers from Account Takeover Fraud
Posted in Privacy and Data SecuritySecurity of Payment Card Data on Cloud-Based Mobile Payment Platforms
Posted in Privacy and Data SecurityThe attached presentation entitled “Security of Payment Card Data on Cloud-Based Mobile Payment Platforms” was given by DWT partner Randy Gainer at American Conference Institute’s 5th National Forum on Emerging Payments in San Francisco, CA on March 21, 2013. The presentation covered topics including: Cloud-based mobile payment solutions What is the cloud? Some benefits of moving to… Continue Reading
Magistrate Recommends Lawsuit Against Global Payments Should Be Dismissed
Posted in Regulatory and ComplianceA federal Magistrate has recommended dismissal with prejudice of all of the cardholder plaintiffs’ claims against payment processor Global Payments, Inc. in a widely-reported data breach case. The plaintiffs seek to recover damages allegedly caused by the 2012 theft of a reported 1.5 million sets of card data from Global Payments’ computer network. In her… Continue Reading
Mobile Payment Litigation Risks
Posted in Privacy and Data Security, Regulatory and ComplianceDWT partner Randy Gainer spoke at the Electronic Transactions Association’s annual Compliance Day event in Dallas on November 14. His presentation focused on Mobile Payment Litigation Risks Such risks include: Weak computer network and mobile security may permit theft of payment data Businesses may collect user information from smartphones without sufficient user permission Consumer class… Continue Reading
Anticipating, Understanding and Preparing for New Rules for a New Mobile World
Posted in Privacy and Data SecurityThis presentation was originally given at the RAMP Advanced Commerce and Mobile Retail Summit in Chicago, IL on April 4, 2012. DWT lawyers Randy Gainer, Andrew Lorentz, Ronnie London, and James Mann covered the following topics: An Overview of the Mobile Payments Ecosystem Financial Privacy Requirements Data Security and PCI Compliance Mobile Communications Regulation To… Continue Reading
Verizon Once Again Reports Widespread Shortfalls in Payment Card Industry Data Security Standard Compliance
Posted in Privacy and Data SecurityThe 2011 Payment Card Industry Compliance Report by Verizon once again indicates widespread non-compliance with the Payment Card Industry (“PCI”) Data Security Standards. Only 21% of organizations were compliant at the time of their initial assessment, essentially the same as last year. Organizations are also failing to prioritize their compliance efforts in the manner recommended by the PCI… Continue Reading