Visa and Target have reached an agreement that reportedly will reimburse card issuers a total of up to $67 million for fraud losses and expenses tied to the retailer's 2013 breach, which exposed some 40 million payment cards.
Security is a busy sector: Symantec jettisoned Veritas, Zscaler became a "unicorn" after its most recent funding round, and we have other M&A news from Cisco, Fidelity National Information Services and Proofpoint.
In June 2012, restaurant chain Penn Station was among the first retailers hit by a POS breach linked to malware. Here, in an exclusive interview, President Craig Dunaway discusses the lasting impact of the breach.
Neiman Marcus has asked a federal court to reconsider its decision to allow a consumer class-action suit to go to trial. If the retailer fails, legal experts say, it could mean a costly setback for breached entities.
The 30-day Cybersecurity Sprint overseen by Federal CIO Tony Scott has crossed the finish line, but in reality, it looks more like a starting gate to a marathon to get the federal government to secure its battered IT.
News that charges were filed last week against two California residents for their alleged roles in the 2011 Michaels crafts stores breach, which involved terminal tampering, is a reminder of how much hackers have improved their techniques in just four years.
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.
The prices for stolen payment card data and other cybercrime products and services on Russian underground forums continue to fall. But the cybercrime ecosystem is more automated, effective and robust than ever, Trend Micro reports.
When Benjamin Wyrick of VASCO Data Security looks toward 2016, he sees financial institutions embracing new mobile banking apps that are at once convenient and secure. What are the keys to making his vision a reality?
Visa's Eduardo Perez says one of the key merchant vulnerabilities his company is most concerned about is weak remote-access controls for point-of-sale systems and devices. He offers risk mitigation advice in this exclusive interview.
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.
The Consumer Financial Protection Bureau's new recommendations, including security steps, for the development of faster payments are raising questions among security experts. One contends some of the guidelines could do more harm than good.
Gordon Werkema, who is leading the Federal Reserve's initiative to revamp the U.S. payments infrastructure, describes his security priorities as the move to faster payments progresses.
The newly revealed card breach at Denver-based managed service provider Service Systems Associates reinforces concerns noted this week by the FS-ISAC in an alert about the risks smaller merchants face when outsourcing payments services.
Tools to build and manage the ZeusVM banking Trojan have been leaked online, meaning that both die-hard and would-be criminals alike can now try their hand at running botnets, for free.
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.