A new survey from Cisco reveals that organizations are getting better at handling their obligations to meet payment industry security guidelines.

Visa has enhanced the security of its electronic credit card authorization system, known as VisaNet, to improve the speed and accuracy of fraud detection, the card brand announced Thursday. Earlier this year, Visa improved the processing platform of its Advanced Authorization technology so that it can analyze more information and perform more functions faster. "This provides Visa with a comprehensive view into the global payments system, leading to high levels of intelligence around spending patterns and improving the company's ability to detect and prevent fraud in near real-time," Visa said. The company believes the improvements could lead to a 29 percent gain in fraud detection over 2009. - DK

Operation eMule is targeting a Vietnamese-based fraud operation believed to have duped U.S. retailers out of millions of dollars.

In this instance, the public fervor isn't over the release of secret diplomatic cables but a U.K. academic paper detailing a vulnerability in chip-and-PIN.

The credit card details belonging to customers of CitySights NY were stolen when a database belonging to the sightseeing bus tours company was hacked.