Global Payments Inc. plans to buy its smaller rival, Heartland Payment Systems Inc., for $4.3 billion. Both payment transaction processors have suffered massive data breaches, and industry observers are weighing in on whether the merged companies will successfully build a strong culture of security.
The FBI has arrested three men on charges that they participated in a hacking and identity theft scheme designed to fuel spam campaigns, including the insider-enabled theft of account details for 24.5 million Comcast customers.
Twitter has issued its first-ever alerts to some users that they may have been "targeted by state-sponsored actors." Some cryptographers, software developers and security experts say they have received the alerts.
Check fraud - it not only won't go away, but it is morphing to keep pace with consumers' digital banking habits. David Barnhardt of Early Warning talks about this persistent fraud threat and how banking institutions should respond to it.
Two new malware reports - one from security researchers at technology giant Cisco, another from cybersecurity firm FireEye - demonstrate how developers continue to refine malicious code to maximize information-stealing and extortion potential.
Passage of cyberthreat information-sharing legislation could hinge on how the measure is presented to Congress, and its fate could be tied to a massive omnibus appropriations bill to fund the federal government for the remainder of fiscal 2016.
A former U.S. State Department employee has pleaded guilty to running a "sextortion" scheme from the U.S. Embassy in London that was designed to compel young women to share sexually explicit photographs, according to the FBI.
Australian police have raided the Sydney home of cryptographer and entrepreneur Craig Wright, who's been named as being the suspected creator of the bitcoin cryptocurrency. Has the real "Satoshi Nakamoto" finally been unmasked?
Cyberattacks against U.S. banks will continue to increase in 2016, making cybersecurity oversight and AML enforcement focal points for regulators, says Walter Mix, a former commissioner of the California Department of Financial Institutions.
A possible settlement between MasterCard and Home Depot to compensate card issuers affected by the retailer's 2014 data breach has created confusion for some banks and credit unions, say attorneys representing institutions in a class action lawsuit.
A U.S. House committee recently passed legislation that's aimed at helping law enforcement bring to justice cybercriminals from other nations who buy and sell payment card data stolen from U.S. citizens. But would it really help the global fight against cybercrime?
Dorkbot - one of the world's most prevalent crimeware toolkits - has been disrupted by an international law enforcement and security research firm effort. But similar previous disruptions have failed to eradicate the malware.
Turns out electronic learning products can be bad for children's privacy - and for their parents too. The VTech breach highlights how, despite repeated warnings, too many manufacturers continue to not take security seriously.
Determining the "fairness" of Target's proposed $39 million settlement with financial institutions affected by the retailer's 2013 breach is impossible until we find out the answers to many questions, including how many banks and credit unions qualify.