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This year's first bad news for OnePlus users—a large number of OnePlus customers are reporting of fraudulent credit card transactions after buying products from the Chinese smartphone manufacturer's official online store. The claim initially surfaced on the OnePlus support forum over the weekend from a customer who said that two of his credit cards used on the company's official website was suspected of fraudulent activities. " The only place that both of those credit cards had been used in the last 6 months was on the Oneplus website ," the customer wrote. Later a good number of users posted similar complaints on OnePlus, Twitter and Reddit forums, saying they also became a victim of credit card fraud. Many of the customers claimed that their credit cards had been compromised after they bought a new phone or some accessories directly from the OnePlus official website, indicating that the leak might have been through the company itself. Cybersecurity

Cybercrime , identity theft, and frauds are on the rise; and in most cases, the data breaches are associated with credit cards and cardholder data. The impact of data breach not only affects your organization, but also your customers. A common observation cites that organizations that are PCI compliant are 50% less likely to suffer a data breach . It is alarming to notice that most organizations have difficulty complying with the requirements necessary for processing cardholder data . PCI makes the process smooth Based on the feedback from the industry, PCI Security Council has introduced some changes in the compliance regulations and has come up with version 3.0 for PCI compliance whose final version is scheduled for release on November 7, 2013. And, it is expected to be effective from January 2014. So, how will the upgraded version of PCI Compliance impact your organization? Awareness :  Most security breaches happen due to lack of awareness in the following areas:

As a vCISO, you are responsible for your client's cybersecurity strategy and risk governance. This incorporates multiple disciplines, from research to execution to reporting. Recently, we published a comprehensive playbook for vCISOs, "Your First 100 Days as a vCISO – 5 Steps to Success" , which covers all the phases entailed in launching a successful vCISO engagement, along with recommended actions to take, and step-by-step examples.  Following the success of the playbook and the requests that have come in from the MSP/MSSP community, we decided to drill down into specific parts of vCISO reporting and provide more color and examples. In this article, we focus on how to create compelling narratives within a report, which has a significant impact on the overall MSP/MSSP value proposition.  This article brings the highlights of a recent guided workshop we held, covering what makes a successful report and how it can be used to enhance engagement with your cyber security clients.