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  • Phishers Felled Bitcoin Exchange

    $5 Million Bitstamp Breach Detailed in Unconfirmed Report Phishers Felled Bitcoin Exchange

    An unconfirmed post-breach report for bitcoin exchange Bitstamp shows the organization was targeted by a sustained attack that combined phishing via email and Skype with macro malware to successfully steal almost 19,000 bitcoins, worth $5 million. Read more...

  • PCI Encryption Standard Updated

    How Optional Standard Can Ease PCI-DSS Compliance PCI Encryption Standard Updated
    Jeremy King, PCI Security Standards Council

    The PCI Security Standards Council has just released version 2 of its point-to-point encryption standard. Jeremy King of the PCI SSC explains how this optional standard can complement PCI-DSS compliance. Read more...

  • FBI: $18 Million in Ransomware Losses

    Ongoing CryptoWall Attacks Lead to Major Expenses FBI: $18 Million in Ransomware Losses

    U.S. businesses and consumers have reported experiencing more than $18 million in losses stemming from CryptoWall ransomware, the FBI warns. Security experts say ransomware's ease of use and low risk fuels the increasing numbers of attacks. Read more...

  • Easy Access Fuels ATM Attacks

    ATM 'Eavesdropping' Alert Highlights New Risks Easy Access Fuels ATM Attacks

    A growing number of ATM card reader eavesdropping attacks involve attackers getting in through a tried-and-true method - taking advantage of commonly used electronic access keys or codes. What can be done to stop these attacks? Read more...

  • Feds Extradite 'Most Wanted' ATM Hacker

    Also, Swedish Blackshades Malware Mastermind Sentenced Feds Extradite 'Most Wanted' ATM Hacker

    A Turkish man who allegedly masterminded a string of quick-hit ATM "cash out" attacks - netting at least $55 million - has reportedly been extradited from Germany to New York to face related charges. Read more...

  • Blog

    Shifting Focus from Fraud to Cybersecurity

    Compromise of PII, Corporate Data Becoming More Grave Worry By Tracy Kitten
    Shifting Focus from Fraud to Cybersecurity

    Soon, ongoing and persistent attacks waged for cyber-espionage and the compromise of personal and corporate information will be primary concerns for the financial services industry.

  • Blog

    Can Selfies Fight Payment Card Fraud?

    MasterCard Tests Facial Recognition App By Mathew Schwartz
    Can Selfies Fight Payment Card Fraud?

    MasterCard is testing a smartphone app that lets users approve online transactions using facial recognition, via the equivalent of taking a selfie. But could such technology be spoofed, and will it reduce card fraud?

  • Article

    Trump Hotels Investigates Hack Report

    Suspected Card Fraud Traced to Multiple Hotel Locations By Mathew J. Schwartz
    Trump Hotels Investigates Hack Report

    Trump Hotel Properties confirms it is investigating reports of card fraud tied to multiple hotels. Numerous hotels, restaurants and retailers continue to report breaches, stemming from POS malware infections.

  • Article

    Cisco to Acquire OpenDNS

    $635 Million Deal to Boost 'Internet of Things' Security By Mathew J. Schwartz
    Cisco to Acquire OpenDNS

    Cisco announced plans to pay $635 million to purchase cloud security firm OpenDNS to better secure the "Internet of Everything." OpenDNS says the acquisition will leave its products and personnel intact.

  • Article

    OPM Suspends Background Check System

    Union Slams Agency with Class-Action Data Breach Lawsuit By Mathew J. Schwartz
    OPM Suspends Background Check System

    Following its mega-breach, the U.S. Office of Personnel Management suspends use of its online background check application system, citing a vulnerability. Also, the agency now faces a breach-related lawsuit filed on behalf of federal workers.

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ARTICLE Obama Backs Ban on NSA Bulk Collection

President Obama is strongly urging the House and Senate to pass the USA Freedom Act, a bipartisan...

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ARTICLE Obama Backs Ban on NSA Bulk Collection

President Obama is strongly urging the House and Senate to pass the USA Freedom Act, a bipartisan...

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