Mexican officials are investigating a series of technical glitches that may have been a prelude to a large cyberattack affecting at least five banks, according to news reports. While the full scope of the incidents remains unclear, up to $20 million may have been stolen.
The rollout of EMV in the U.S. has transformed the card fraud landscape, with a major shift to online channels, says Shamoun Siddiqui, CISO at retailer Neiman Marcus.
Payments are getting faster, and so is payments fraud. A robust fraud management strategy focusing on strong authentication, customer education and scalable responses can be instrumental in minimizing payment fraud risk.
A remote code execution vulnerability revealed in late March in the Drupal content management system is now being used on a large scale for mining the virtual currency monero, a researcher says. At least 400 websites have been infected, and the total number is likely far higher, security experts warn.
What matters most, right now, to the information security community? At RSA 2018, RSA's president said WannaCry was a wakeup call for vulnerability and risk management. Other experts see artificial intelligence, machine learning and secure coding as hot trends.
Jan Koum, WhatsApp's co-founder, is leaving Facebook. His departure marks another exit of a high-level privacy and security advocate. If Facebook continues to lose those who could better influence the social networking site's worrying views toward user data, what does that mean for the rest of us?
You know that you've got a problem to solve but how will you address it? More importantly, who will help you address it? This is the crux of the build versus buy debate that companies are currently having with themselves.
While building and buying both have their merits, they also have costs which should be...
Makers of internet of things devices - especially those that handle health information - must implement protections into their product development lifecycle to effectively safeguard consumers' data, says regulatory attorney Elliot Golding.
Great news: "SunTrust to offer free identity protection ... at no cost on an ongoing basis." Of course, nothing comes for free, at least for 1.5 million customers of the Atlanta bank, whose personal details may have been sold to criminals by a former employee.
Thirty-four companies have signed on to the Microsoft-led Cybersecurity Tech Accord, which is aimed at protecting civilians from cybercriminal and state-sponsored attacks. The agreement crucially includes a pledge not to help governments with cyberattacks
Technology, regulations and customer expectations all have evolved. What does this mean for how organizations secure identities? Baber Amin of the Office of the CTO of Ping Identity offers strategic insight.
As payment card fraud schemes continue to evolve, the PCI Security Standards Council has to recalibrate its standards and programs, says Troy Leach, the council's CTO, who describes three key updates.
Leading the latest edition of the ISMG Security Report: Assessing cryptocurrencies' role in the latest ransomware and malware attacks. Plus: Facebook's revised estimate on account details accessed by Cambridge Analytica.
The Secure Payments Task Force was established by the Federal Reserve Bank in 2015 in part to determine areas of focus and priorities for future action. Jim Cunha, a member of that task force, talks discusses how to advance payment system safety, fight fraud and ensure resiliency.
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