As fraudsters continually refine their techniques to steal banking customers' credentials, IBM fights back with new tools that use behavioral biometrics and cognitive fraud detection. IBM's Brooke Satti Charles offers a preview.
In an audio interview, Steve Durbin, managing director of the Information Security Forum, offers a forecast of the top security threats for the year ahead, including the ramping up of attacks fueled by "crime-as-a-service" offerings.
Hacker incidents continue to dominate major breaches reported to the Department of Health and Human Services. Among the latest incidents added to the HHS tally: an attack at an Atlanta clinic affecting more than 530,000 individuals. What can be done to address the risks?
Hackers apparently stole $31 million from accounts that banks keep at Russia's central bank in a series of cyberattacks this year, according to several news reports. The news comes as the country's security service also claims to have fought off broader attacks against the financial services industry.
Acknowledging the urgent IT security challenges the nation faces, a cybersecurity commission named by President Barack Obama encourages the incoming administration to adopt some of its recommendations in the first 100 days of Donald Trump's presidency.
Why are ATMs a top target for fraudsters? In an interview, Shirley Inscoe, a financial fraud expert and analyst at Aite Group, offers insights based on a new study and predicts the surge in skimming will continue next year.
Today's ISMG Security Report leads off with House Homeland Security Committee Chairman Michael McCaul and DHS Secretary Jeh Johnson lamenting about the congressional bureaucracy that hinders passage of needed cybersecurity legislation.
Cyber espionage and other increasingly sophisticated nation-state cyberattacks will escalate into what amounts to "cyberwar" in 2017, predicts security expert Michael Bruemmer of Experian Data Breach Resolution.
The House has easily approved a heavily reworked version of the 21st Century Cures bill that was stripped of controversial proposed changes to HIPAA. The measure, which would provide $6.3 billion for various efforts to advance medical innovation and is backed by the White House, will proceed to the Senate next week.