Feeds

After mass security lapse, RBS Worldpay gets IRS contract

No bad deed goes unrewarded

Protecting against web application threats using SSL

RBS Worldpay - the electronic payment processor that admitted it exposed sensitive financial records for millions of customers - has been awarded a contract by the Internal Revenue Service to process tax return payments next year.

The company, which is a division of the Royal Bank of Scotland, will begin processing taxpayers' credit card payments starting in 2010, according to Brian Krebs's Security Fix blog. In return, RBS Worldpay will take a "convenience fee" amounting to 1.95 percent of the amount a taxpayer owes.

Last month, Visa yanked RBS Worldpay from its list of processors it considers compliant with industry-mandated standards for data security. In December, the company admitted that a hacker break in exposed 1.5 million payroll and gift card holders and about 1.1 million social security records. Although the breach occurred in early November, the company waited until two days before Christmas to fess up, presumably to release the bad news when it is least likely to be noticed.

An IRS spokesman told Security Fix the company wouldn't be permitted to process taxpayers' payments until it proved it was once again compliant with Payment Card Industry Data Security Standards. It will also have to pass an IRS security audit. ®

Reducing the cost and complexity of web vulnerability management

More from The Register

next story
Infosec geniuses hack a Canon PRINTER and install DOOM
Internet of Stuff securo-cockups strike yet again
'Speargun' program is fantasy, says cable operator
We just might notice if you cut our cables
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
YouTube, Amazon and Yahoo! caught in malvertising mess
Cisco says 'Kyle and Stan' attack is spreading through compromised ad networks
Hackers pop Brazil newspaper to root home routers
Step One: try default passwords. Step Two: Repeat Step One until success
Greater dev access to iOS 8 will put us AT RISK from HACKERS
Knocking holes in Apple's walled garden could backfire, says securo-chap
Microsoft to patch ASP.NET mess even if you don't
We know what's good for you, because we made the mess says Redmond
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.