A breach of the S.C. tax system exposed more than 385,000 credit and debit card numbers. Now the state's Inspector General says lax security practices have put digital assets at risk.
Accelerated interest in mobile payments is paving the way for new revenue streams. But Javelin's Alphonse Pascual says mobile security products, not payments technology, will reap the most rewards for banks.
The future of security in payments remains unclear, says Nicolas Vedrenne of the Merchant Risk Council. But international collaboration will be critical, especially as infrastructures merge.
Third-party applications and users' risky behavior are two of mobile security's greatest enemies. But mobility expert Tom Wills says banking institutions can mitigate their risks. Here is how.
If President Obama's second term were a movie sequel, I'd call it "Unfinished Business." It's time to step up and see through the cybersecurity initiatives Obama spoke about when he first took office.
On the same day Citi's online and mobile-banking channels went down for undisclosed reasons, Homeland Security Secretary Janet Napolitano said top U.S. banks are "actively under attack."
Barnes & Noble is the latest retailer to be hit by a point-of-sale breach. Why do security experts and card issuers say POS breaches are pushing card fraud to a tipping point?
The big breaches make the headlines, but the smaller attacks on merchants are the ones that ultimately benefit the fraudsters and hurt banking institutions most, says Wade Baker of Verizon.
As more consumers turn to mobile banking, financial institutions face increasing pressure to ensure security, says SWACHA's Dennis Simmons. Find out his mobile security recommendations.
The FBI has alerted consumers about two Trojans that have compromised mobile devices running the Android operating system. But are all mobile devices at risk?
The failure to take appropriate steps to secure their IT assets leaves small and midsize enterprises vulnerable to attacks from cybercriminals seeking to pick low-hanging fruit.
What is the focus of new guidelines from the PCI Security Standards Council on mobile payment acceptance security? The council's Bob Russo and Troy Leach discuss key objectives - and what's coming next.
Google and Facebook are in the mobile payments arena. But consumers still expect their banking institutions to secure the mobile wallet, says Alphonse Pascual of Javelin. What role must banks play?
As mobile transactions grow, so do the fraud risks. How is the Merchant Risk Council working with card issuers and merchants to address these threats? Nicolas Vedrenne of the MRC offers insight.
DDoS attacks have existed for years. But the latest wave brings new threats to organizations. How should they defend against these attacks? Ashley Stephenson of Corero Network Security offers insights.
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