Financial Services Technology Consortium (FSTC) is developing standards for making secure mobile payment transactions. The goal of the project is to develop standards and processes so that banking customers are able to securely pay a merchant or another bank customer using their phone, no matter what mobile device or carrier they use. After the breakout of the COVID-19 pandemic, mobile phishing attacks targeting pharmaceutical companies have shifted their focus from credential theft to malware delivery. Read the full story in this article by Angela Moscaritolo.
Source: https://threatpost.com/new-security-standards-mobile-payments-coming-061909/72848/