The Department of Justice has announced the indictments of two individuals in separate fraud cases affecting the University of Pittsburgh Medical Center. The cases spotlight the challenges healthcare organizations face in the fight against fraud.
Eight alleged members of an identity theft ring, including a former assistant clerk at Montefiore Medical Center, have been indicted on a variety of charges stemming from using stolen patient information to make purchases at retailers.
Chris Feeney, recently named president of BITS, the technology and policy division of the Financial Services Roundtable, describes his top cybersecurity priorities, including helping members deal with insider threats.
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.
Wipro has developed a fraud detection model for improved risk management using big data analytics. Can CISOs leverage it to reduce risk, enhance process efficiency and refine fraud detection algorithms?
A three-month breach of card transactions at New York's Eataly restaurant/grocery store, and reports about two new malware strains, highlight why more attention needs to be paid to POS system security.
Comptroller of the Currency Thomas Curry says banks need to be better prepared to address the cyber-risks associated with new payments systems, and he calls for closer regulatory scrutiny of non-bank payments providers.
The consolidated class-action lawsuit filed by banking institutions against Home Depot is more evidence of how issuers are no longer relying solely on card brands to be compensated for breach losses and expenses.
The EMV Migration Forum has published a new "roadmap" to help card issuers, acquirers and merchants prepare for the October card-present fraud liability shift date. Director Randy Vanderhoof explains why the clarification is needed.
A new breach reported by Heartland Payment Systems won't get much attention. But this incident could be more damaging to the undisclosed number of consumers affected than was Heartland's 2008 payment card breach.
Sally Beauty Supply says that a four-week investigation shows that the retailer suffered a six-week point-of-sale malware attack at U.S. stores, compromising card data for an unknown number of customers.
Five best practices noted in version 3.0 of the PCI Data Security Standard will become requirements after June 30, with remote access and third-party risks the key focus - particularly for smaller merchants.