The biggest news in payments security in the last month concerns allegations that point of sale terminals supplied by PAX Technology have been subverted to have the capability of launching cyberattacks. Details of the allegations can be found at Krebs and Bloomberg; in response, PAX Technology has published a rebuttal.
Cybercrime, cyberterrorism, cybersubversion and so forth are all serious issues. Defending critical infrastructure from attackers ranging from Eastern European gangsters to agents of foreign powers and from management consultants to the HR department is obviously crucial to organisations that want to prosper in the digital economy. But we need new tools to help.