How are banks addressing mobile security risks? Bank of America's Keith Gordon says most are just beginning to forge ahead in the mobile space, and new security gaps are areas for which institutions have to prepare, proactively.
A U.S. appeals court reversed a lower court's ruling in the ACH/wire fraud dispute between PATCO Construction Inc. and the former Ocean Bank, now People's United. What is next in this high-profile case?
Learning how alleged fraudsters hacked systems and traded in stolen credit- and debit-card numbers can help organizations take steps to protect their customers' and stakeholders' sensitive information.
The story on how the FBI built its case against Jarand Moen Romtveit in an international carding sting gives IT security practitioners valuable insights on how one individual works in the murky world of hacking.
In what is being called "the largest coordinated international law enforcement action in history directed at carding crimes," 24 suspects have been arrested in a fraud scheme likely involving more than 400,000 accounts.
Aleksandr Goukasian's pay-at-the-pump skimming scheme defrauded more than $100,000 from 38,000 accounts. Experts say fraud linked to gas pumps too often flies under banks' radar.
The FTC claims hackers targeted the Wyndham hotel chain's network and exported debit and credit data to a domain in Russia. What do the breaches mean for card issuers, and what action should they take?
Banks and credit unions say they are investing in enhanced fraud detection, monitoring systems and education. What other anti-fraud investments top their lists? See what our 2012 Faces of Fraud Survey revealed.
Law enforcement is not revealing details about the POS breach that hit Penn Station, but one investigator says the number of locations affected by the attack will continue to grow.
Howard Schmidt takes exception with aspects of our blog that addresses his position in the White House hierarchy and relationship with agencies' chief information security officers. Here's his response.
Federal authorities have charged a Dutch hacker for the role he played in an elaborate scheme that targeted POS systems and networks to steal credit card details that were later sold on websites for fraudulent purposes.
Global Payments Inc., the breached payments processor, now says the scope of its self-discovered data breach may be broader than initially reported and involve personal data collected from merchant customers.
Restaurant chain Penn Station's transparent response to a card breach that hit 65 of its locations provides an example of the right way to handle post-breach communications.
Consumers want more control when it comes to ensuring security during mobile banking. But most financial institutions have been reluctant to give end-users too much control. Why? Javelin's Jim Van Dyke offers some answers.
Restaurant chain Penn Station says debit and credit card details may have been exposed in a breach that targeted 43 franchised locations. But what was the nature of the scheme?
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