Harbor Freight Tools, a 400-store retail chain, is reporting a cyber-attack against its payment processing system. The breach is the latest involving compromised merchant processing systems that one security analyst says proves payments systems are "fundamentally insecure."
A unit of the U.S. Commerce Department overreacted to perceived malware infections and unnecessarily spent more than half of its IT budget to mitigate the situation, according to an inspector general audit.
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Reports of account takeover incidents have increased in the last 18 months, yet losses have remained steady, says former federal banking examiner Amy McHugh, who analyzes what security measures are working and what still needs to be done.
Modern enterprises are consistently being targeted by their adversaries, whose objectives range from financial gain to achieving strategic superiority through the theft of data or key intellectual property, outright destruction and interruption of business processes, or simply establishing a beachhead to be exploited...
Attacks aimed at mobile devices are progressing much more rapidly than any attacks ever waged against PCs. Organizations are in danger if they don't pay attention, says anti-phishing expert Dave Jevans.
A recent spear-phishing attack involving a Trojan designed to target Android devices offers an important reminder of the emerging threat of mobile malware, says Kaspersky Lab researcher Kurt Baumgartner.
Today's spear-phishing campaigns are localized, small and can slip through typical spam filters. As a result, detection practices have to evolve, says researcher Gary Warner of the University of Alabama at Birmingham.