Citadel financial malware has been upgraded to steal master passwords for software designed to securely store lists of usernames and passwords, according to IBM's Trusteer unit. Security experts offer insights on how to respond to the threat.
The FTC's crackdown on tech-support scams continues as a U.S. federal court temporarily shuts down two massive operations that allegedly deceptively marketed computer security software and tech-support services.
European police have announced the arrests of 15 alleged users of remote-access Trojans, which can be employed by attackers to spy on webcams, launch DDoS attacks, steal financial details and launch extortion campaigns.
At Information Security Media Group's Fraud Summit Dallas, security experts said banks should be bracing for a major overhaul of the payments infrastructure as emerging technologies hit the market.
Retailers cannot avoid innovation. Yet, cybercriminals thrive when retailers innovate. What, then, can retailers do to stop cybercriminals from breaching their defenses? Here are three key questions to answer.
Security experts warn of an increased risk that terrorists will disrupt the financial sector via cyber-attacks. In response, law enforcement authorities who monitor U.S. and U.K. financial markets plan to embed employees in each other's organizations.
Staples has confirmed that its retail point-of-sale systems were compromised earlier this year by malware-wielding attackers. Learn what two card issuers say about fraud tied to the breach.
While card issuers and payments acquirers are speeding up their EMV rollouts, Kate Larson of the Consumer Bankers Association says banks also should be implementing other technologies, including tokenization, in their efforts to fight fraud.
The stiff sentence of a cybercriminal for his role in an Internet-based scheme that trafficked in hacked payment card sends a strong message about the serious nature of ID theft. But experts say more tough sentences are needed to deter fraudsters.
While banking associations debate with merchant groups about cybersecurity responsibilities, SWACHA CEO Dennis Simmons says more attention must be paid to the role cardholders play in protecting their accounts.
Attackers are targeting online banking users' account information worldwide through sophisticated phishing attacks designed to deliver Microsoft Word documents containing malicious macro code known as Dridex.
Comptroller of the Currency Thomas Curry says "it's only fair" that merchants should be responsible for some of the expenses that result when their systems are breached. Now, security experts consider the implications of his comments.
Security researchers recently uncovered a new version of the Backoff POS malware, which offers several new features that make it tougher to eradicate. This infographic offers a roundup of a number of significant recent malware developments.
FireEye is warning Apple users about a flaw in which downloaded malicious apps can replace genuine iOS apps, an exploit the security firm is dubbing the "Masque Attack." Experts offer insights on mitigating the threat.
MasterCard is testing a biometric wristband that authenticates a user's identity for payment card transactions by monitoring their heartbeat. Payment experts weigh in on whether the technology has the potential for widespread use in preventing card fraud.
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