If the NSA's meddling in NIST cryptography standards soiled the reputation of the National Institute of Standards and Technology, an amendment approved by the House of Representatives could help restore it.
Kentucky is now the 47th state to enact a breach notification law. While a national law superseding the widely varying state statutes is long overdue, the primary election defeat of House Majority Leader Eric Cantor makes passing such a bill tougher.
Consumer rights advocates have applauded Apple's preview of iOS 8 privacy changes, including randomizing MAC addresses to help block retail analytics and unauthorized forms of device tracking.
When NIST issued "Guidelines on Cell Phone Forensics" in May 2007, Apple's introduction of the iPhone was a month away. Seven years later, NIST is revising its guidance and giving it a new moniker, "Guidelines on Mobile Device Forensics."
We've been talking about shifting away from legacy mag-stripe technology and a move toward EMV chip cards for the last decade in the U.S. So is it too late, or is there still hope for EMV?
"Banks can play offense, to use mobile in a justifiable way to engage customers into their security," says Jim Van Dyke of Javelin Strategy & Research. He outlines a strategy for using mobile devices to enhance fraud detection.
Mobile banking and remote deposit services have fueled a resurgence in "sweetheart" bank fraud schemes. These attacks point to the need for better cross-channel fraud detection and customer education.
It's not quite the cyberwar many have envisioned, but the United States and China are tangled in a brawl that resembles, in some respects, a combination of a trade war and cyber-sniping.
Ransomware attacks are on the rise, and mobile banking applications are the newest targets. Security experts offer risk mitigation advice for banking institutions and their customers.
High-profile retail breaches, such as the one suffered by Target Corp., could spur more merchants to promote increased use of mobile payments to boost security, says Thad Peterson, a new analyst at Aite Group.
Marc West of Fiserv says banking institutions have two challenges when it comes to developing mobile-payments solutions - focusing on the product development and preparing for regulatory oversight.
As mobile banking adoption rapidly grows this year, financial institutions need to identify and fill security gaps, says Aite Group analyst Julie Conroy, a featured speaker at the May 14 Fraud Summit Chicago.
Third-party risks and the Fed's plans for emerging payments will be highlighted at ISMG's Fraud Summit Chicago on May 14. How banking institutions and retailers are expected to respond to new risks posed by external parties will be a focus for our keynote panel.
"Security as a business enabler" was the mantra echoing through the recently concluded 2014 Infosecurity Europe conference in London, a message that should have been heeded by top executives at retailer Target last year.
Trusted Identity is the end-goal, and mobile devices are the means to get there, says Dave Rockvam of Entrust. How are mobile devices being leveraged for security in the enterprise today?
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