Security Expert Views on AMEX breach

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John Gunn, VP of Communications, VASCO Data Security:

“Interesting notice from AMEX. So what are their customers supposed to do now, go back and scan every transaction on the past two years of statements?  AMEX is a more attractive target for hackers because the average purchase is about 50% higher than Visa and MC, so bigger fraud items might go undetected.”

VASCO_logo_horVASCO is a world leader in providing two-factor authentication and digital signature solutions to financial institutions. Many of the top 100 global banks rely on VASCO solutions to enhance security, protect mobile applications and meet regulatory requirements. VASCO also secures access to data and applications in enterprise environments, and provides tools for application developers to easily integrate security functions into their web-based and mobile applications. VASCO enables more than 10,000 customers in 100 countries to secure access, manage identities, verify transactions, and protect assets across financial, enterprise, E-commerce, government and healthcare markets.


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