President Barack Obama has signed an executive order requiring agencies to adopt tools and measures designed to safeguard people doing business with the government against fraudulent card transactions.He told agencies to use security platforms such as chip-and-pin technology when they process consumers’ debit and credit card payments, the White House said Friday.
Government payment processing channels must be installed with consumer data protection software no later than Jan. 1, according to the White House.
President Obama ordered the U.S. attorney general and the homeland security secretary to develop guidelines for reporting identity theft cases to an Internet fraud alert portal run by the National Cyber-Forensics and Training Alliance.
The executive order also calls for agencies to secure online federal transactions by implementing multi-factor authentication and identity proofing systems.
