Although all the major credit card brands have dropped the requirement for obtaining signatures to verify point-of-sale transactions made with EMV payment cards, they're not pushing strongly for using PINs instead, leaving that authentication decision to card issuers, says Linda Kirkpatrick of Mastercard.
The era of the underground marketplace may be ending as concerns over law enforcement infiltration rise, says threat intelligence company Digital Shadows. Cybercriminals' deals are shifting toward encrypted chat and other decentralized services, the company says.
Leading the latest edition of the ISMG Security Report: Our exclusive report on an Australian criminal investigation into a company that apparently swiped cryptocurrency using a software backdoor. Also, cutting through the hype on artificial intelligence and machine learning.
The geneology service MyHeritage says a security researcher found 92 million email addresses and hashed passwords for its users on a private external server. The company, however, says there's no evidence of abnormal account activity or indications family trees or DNA results were affected.
RSA's most recent Quarterly Fraud Report shows that "newsjacking" is increasingly empowering phishing attacks, says Angel Grant, RSA's director of identity fraud and risk intelligence. The report also shows a continuing surge in mobile app fraud.
Australian police in Queensland are pursuing a criminal investigation into what may be one of the first instances of a company swiping cryptocurrency using a software backdoor after a business deal went bad.
For at least the third time in recent months, a mobile fitness app maker apparently has exposed consumers' sensitive personal information. The latest app to expose data: PumpUp.
Experts have long warned that bitcoin is not as private as it appears. The very design of bitcoin, as well as some other virtual currencies, can lend a surprising amount of information about the groups using it to transact. In fact, it's sometimes easier to track than if criminals used the banking system.
Leading the latest edition of the ISMG Security Report: Cybersecurity expert Brian Honan provides insights on why organizations that are not yet compliant with GDPR need to focus on several key steps. Also: An assessment of the progress women are making in building careers in information security.
Two of Canada's biggest banks are investigating claims by "fraudsters" that they accessed their customers' data. At risk: 50,000 Bank of Montreal customers and 40,000 Simplii Financial customers. Both banks say they've alerted potentially affected customers and plan to cover any losses.
A group of cybercriminals known for their persistence and precision in executing attacks against banks' ATMs and card processing infrastructures has regrouped despite the arrest of their alleged leader.
Calling Grant West "a one man cybercrime wave," a British judge sentenced him to serve more than 10 years in prison after he admitted to hacking into businesses, spoofing 100 organizations via phishing campaigns and earning profits in bitcoins from the sale of stolen personal details.
A swift FBI sinkhole blunted an apparently imminent attack against Ukraine via "VPN Filter" malware, which has infected more than 500,000 routers. But mass router compromises will continue so long as manufacturers fail to build in easy or automated patching and updating, security experts warn.
John Gammell of New Mexico has been sentenced to serve 15 years in prison for launching DDoS attacks against prior employers and business competitors, as well as for being a convicted felon in possession of firearms.
Leading the latest edition of the ISMG Security Report: Years of massive data breaches have fueled an increase in synthetic identity fraud, in which fraudsters combine real and bogus details to create more effective fake identities. Plus, has "The Dark Overlord" hacking group finally met its match?
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