The release this week by the PCI Security Standards Council of a new PCI compliance resource for small merchants is being lauded by the banking and payments community. But how effective will the resource be at actually convincing merchants to move forward with PCI compliance?
Security firms are warning that they've seen a spike in infections tied to a virulent strain of trojanized Android adware called Shedun - a.k.a. HummingBad - that can root smartphones, survive factory resets and earn cybercriminals big money.
More than half of all Android smartphones have a flaw that can be exploited to bypass the devices' full-disk encryption. As a result, law enforcement agencies - or attackers - could access all supposedly encrypted data being stored on vulnerable devices.
While PCI compliance is a priority for many U.S. retailers, some major companies in Australia say they'd rather forego the cost of compliance and risk the possibility of steep fines if a card breach occurs.
In the latest ISMG Security Report, our editors analyze Symantec's pending purchase of Blue Coat; vulnerabilities in mobile banking apps; retailers' objections to a national data breach notification bill; and the relaunching of the IRS Get Transcript tool after a breach.
Asking how many different technologies consumers will tolerate when it comes to paying for their goods and services is a bit like asking how many more superheroes moviegoers will countenance in the latest "Avengers" film.
In the wake of reports that 65 million stolen credentials from micro-blogging platform Tumblr have surfaced online, following 117 million LinkedIn credentials, it's clear that 2016 is fast becoming the year of what one security expert dubs "historical mega breaches."
In today's rapidly changing cyber threat environment, the federal government needs to take a lead role in making sure mobile device security is adequate, says security researcher Stephen Cobb, who analyzes ongoing investigations by the FTC and FCC in this audio interview.
Ransomware, regulations, botnets, information sharing and policing strategies were just some of the topics that dominated the "International Conference on Big Data in Cyber Security" hosted by Edinburgh Napier University in Scotland.
The FFIEC has released detailed security guidance for mobile banking and payments that its examiners will now use in their assessments of financial institutions. Banking security experts offer a critique.
America's cyber infrastructure is under constant attack, and damage to it could have significant consequences. But the presidential candidates haven't had much to say about the issue. At ISMG's Fraud and Breach Prevention Summit, a panel of experts will address how the next president should tackle cybersecurity.
The FTC and FCC have launched security investigations of mobile device makers and wireless carriers, citing growing concerns over vulnerabilities that threaten "the security and integrity" of these products and services. The regulators are examining how security patches are distributed.
Despite continued efforts to shore up security to protect payment card data and other financial information, the U.S. financial services and retail sectors had more data breaches in 2015 than any other business sectors worldwide, according to Verizon's latest Data Breach Investigations report.
Epic Systems' successful lawsuit against India's Tata Consultancy Services raises many security questions. For example, why did Epic find out about the allegedly inappropriate downloading of trade secrets from an external whistleblower, rather than as a result of internal detection efforts?