Warning to parents and guardians: Beware of collecting, storing or sharing your child's biometric information - including fingerprints and DNA - even if you're creating a so-called "Child ID Kit," because the data is a natural target for identity thieves.
In a video interview, FBI supervisory special agent Dan Wierzbicki says the bureau wants to work with businesses to improve the information in its cybersecurity alerts as well as to identify threats sooner.
Bangladesh Bank has opted to not extend a contract with the incident response team that it hired to investigate the theft of $81 million via fraudulent SWIFT messages. Meanwhile, similar hack attack tactics have apparently been used to steal $10 million from an unnamed bank in Ukraine.
Britain's surprise vote to "Brexit" the European Union leads the ISMG Security Report. Also hear analysis on a cybercrime forum selling remote server access; Comodo being in hot water by saying "let's encrypt"; and why Facebook CEO Mark Zuckerberg covers his webcam with tape.
Achieving international acceptance of PCI-DSS is an ongoing challenge, says Jeremy King, international director of the PCI Security Standards Council, who's working to educate merchants about baseline security that goes far beyond cardholder data protection.
"Brexit" means that British law enforcement agencies will likely have a harder time taking a bite out of cybercrime as well-regarded intelligence-sharing relationships get severed and must be renegotiated.
Comodo made no new friends last week when it claimed that a nonprofit project, Let's Encrypt, stole its business model. Now, the digital certificate giant says it will not pursue applications aimed at securing trademarks using the phrase "Let's Encrypt."
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 this edition of the ISMG Security Report, you'll hear reports on the U.S. government nabbing healthcare fraudsters; federal agencies at risk of exposing highly sensitive data; and the hacking of brokerage accounts.
In the wake of a majority of British voters opting to leave the European Union, the U.K. Information Commissioner's Office argues that the country should still comply with the EU's data privacy rules. But will politics get in the way?
Reacting to strong complaints from retailers, three major card brands have finally taken steps toward reducing the amount of counterfeit fraud chargebacks to U.S. merchants, which began as a result of the EMV fraud liability shift last October. But was the action by the brands bold enough?
A Senate bill proposes removing Social Security numbers of U.S. veterans from all Department of Veterans Affairs' information systems within the next five years to help reduce identity theft and fraud. How difficult would it be to make the change?
The U.S. Securities and Exchange Commission has obtained an emergency court order to freeze the assets of U.K. citizen Idris Dayo Mustapha, who it accuses of hacking into individuals' brokerage accounts to engineer and profit from stock price fluctuations.
In what's being dubbed as the largest coordinated takedown to date, federal authorities have arrested 301 individuals for participating in Medicare and Medicaid fraud schemes involving $900 million in false billings.
With ransomware attacks surging, all organizations should ensure they have an enterprise backup and disaster recovery plan in place, and eliminate all unnecessary, outdated or disused applications and services running on endpoints and servers, says ESET's Mark James.