Many issuers of chip-based credit cards will likely allow U.S. consumers to complete transactions with a signature, not a PIN, which will limit the fraud protections offered by EMV cards, says Citizen Financial Group's Tim Webb.
In the wake of a suspicious "technical" issue that took down part of Bank of England's payments network earlier this week, Cytelligence's John Walker, a presenter at ISMG's APT Summit in New York, explains why weak perimeter defenses are likely to blame.
As numerous attacks have demonstrated, two-factor authentication systems are not foolproof, says Ryan Lackey, a principal in the security practice at CloudFlare, who offers insights on how today's authentication systems must evolve.
Visa is working closely with U.S. banking institutions and retailers to enhance payments security and push the migration toward EMV, says the card brand's Eduardo Perez, a featured presenter at ISMG's Fraud Summit New York.
In addition to adopting the right IT security standards to mitigate advance persistent threats, organizations need to pick the right people to carry out those standards, says Jon Long, a featured speaker at ISMG's Global APT Defense Summit on Oct. 22.
"Cybercrime as a service" and the globalization of attacks are two of the trends noted by cyber-intelligence firm Group-IB in its third annual High-Tech Crime Report. Group-IB's Alexander Tushkanov explains the lessons that can be learned.
Data analytics is reshaping the way financial institutions detect fraud by helping them track customer behavior in real time, says FICO's Anant Nambiar, who'll be a featured presenter at ISMG's Fraud Summit New York on Oct. 21.
Knowing how to manipulate a hacker's cultural values could help thwart - or at least slow down - cyber-attacks, says Garet Moravec, a cybersecurity expert who'll speak at ISMG's Global APT Defense Summit on Oct. 22.
In this post-Target era of "It's not a matter of if, but when," how prepared is your organization for a data breach? Michael Buratowski of General Dynamics Fidelis Cybersecurity Solutions offers tips for breach planning and response.
Emerging reports now suggest other financial institutions may have been targeted by the same hackers who breached Chase. But how can we be sure? Mark Clancy of the Depository Trust & Clearing Corp. explains why the analysis is challenging.
The U.S. government could be a year away from allowing citizens to use the same authentication credentials to get services from multiple departments and agencies, says Jeremy Grant, who oversees the National Strategy for Trusted Identities in Cyberspace.
Nearly two weeks since news of Shellshock broke, attacks that are taking advantage of the Bash vulnerabilities are grabbing headlines. But Michael Smith of Akamai warns that the battle against hackers capitalizing on Shellshock could go on for years.