Card skimming moves online | TECH(talk)

The video discusses the risks of hidden scripts in ecommerce sites and how companies can protect themselves by keeping software up-to-date and using technologies like Content Security Policy and Subresource Integrity. It highlights the importance of having a security contact page and upcoming changes in the payment industry, such as multi-factor authentication. The video compares EU and US security regulations, noting Europe's lead in privacy and security. It also addresses evolving threats like card skimming and emphasizes the need for ongoing security investments.

What is a key method to prevent vulnerabilities in e-commerce websites?

• Keeping software and CMS up-to-date

• Using outdated software

• Ignoring CMS updates

• Disabling security features

What does Content Security Policy help with?

• Loading scripts from any domain

• Whitelisting domains for script loading

• Blocking all scripts

• Encrypting user data

How does Subresource Integrity protect websites?

• By encrypting all website data

• By allowing any script to load

• By verifying cryptographic hashes of scripts

• By blocking all third-party scripts

Why is having a clear security contact page important?

• To avoid reputational damage

• To ignore security notifications

• To ensure quick response to security issues

• To confuse security researchers

What is a key feature of the revised Payment Services Directive?

• Strong customer authentication

• No authentication required

• Optional security measures

• Single-factor authentication

How might the revised Payment Services Directive affect US merchants?

• They will adopt it for European customers only

• They will face penalties for non-compliance

• They will likely adopt it for all customers

• They will ignore it

Which region is leading in privacy and security regulation?

• South America

• Africa

• Europe

• Asia

What is a major difference in risk tolerance between the EU and the US?

• EU consumers are less concerned about security

• EU consumers prefer no authentication

• US consumers expect frictionless transactions

• US consumers are more risk-averse

What type of information do card skimming groups target?

• All types of sensitive information

• Only personal information

• Only card information

• Only business data

What is a common reason for ongoing vulnerabilities in companies?

• Lack of skilled employees

• Overinvestment in security

• Prioritizing security over business

• Frequent software updates