October 26, 2015

W3C Sets Up Web Payments Standards Group to Improve Check-Out Security

w3c-sets-up-web-payments-standardsW3C (World Wide Web Consortium), the regulatory body that oversees the creation of Web standards, has announced plans to set up a special group tasked with the responsibility of putting together a standardized API that will simplify the payment and check-out process, but also improve its overall security.

The announcement was made last Wednesday and is an indirect response to the increased number of threats targeting the e-commerce and e-payments field, either through banking trojans or through the exploitation of classic vulnerabilities that lead to data breaches.

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