Fraudsters are increasingly using global brands, including Apple, to fool consumers into providing personal and financial information that can be used to compromise financial accounts. Experts offer insights on the latest trends and how to respond.
Distributed-denial-of-service attacks on banks are more powerful than ever, but we hear less about them than we did three years ago. How have attackers changed their tactics, and why should we be even more concerned about their strikes?
The size of the information security analyst workforce in the United States rose by nearly 20 percent in the past year, according to an Information Security Media Group analysis of U.S. Bureau of Labor Statistics data.
The fraud shift as a result of the migration to EMV chip payments in the U.S. will extend beyond card-not-present payments, experts at Information Security Media Group's fraud and data breach summits in San Francisco last week warned.
Four years after the FFIEC issued its updated authentication guidance, many banking institutions say account takeover losses have gone up, a new survey shows. John LaCour of PhishLabs explains why institutions' reactive approach to fraud is failing.
The FDIC says cybersecurity is a business continuity issue. So it's offering banks a series of videos and exercises to help them address key threats, including account take-over, malware infections and other risks related to third parties.
A migration of fraud to the card-not-present environment is expected in the wake of EMV. But Fiserv's Manuel Da Silva says banks also have to be worried about fraud upticks in other areas, which are already emerging. He explains how analytics can help institutions mitigate risks.
The U.S. Department of Justice has announced charges against nine people suspected of running an international insider-trading and hacking scheme predicated on stealing confidential press releases before publication.
A $46.7 million fraud scheme that hit Ubiquiti Networks Inc. shows the new & improved face of wire fraud - and just how easy it is for cybercriminals to fool employees into helping to pilfer their own enterprises.
The takedown of Gameover Zeus taught law enforcement and banks many lessons, including that Trojans are being used to steal corporate secrets, not just money, says Eward Driehuis of Fox-IT, which investigated the threat actors behind the Trojan.
Julie Conroy of the Aite Group analyzes why a new report shows most top-tier North American banking institutions expect to increase their spending on online and mobile fraud mitigation in the next two years.
After jumping by 33 percent in 2014, the number of Americans who consider themselves IT security professionals has remained flat for the first half of 2015, according to an examination of federal government employment data. That's bad news for employers seeking IT security pros to hire.
Bank-owned digital payments network clearXchange is rolling out a real-time payments platform that will be available to 100 million online banking customers. Security experts weigh in on the fraud concerns.
By 2018, Javelin predicts that new account fraud and account takeover will eclipse present worries about POS attacks and retail breaches. Why breached PII should be our biggest worry.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.com, you agree to our use of cookies.