Expect every new warning of cybercrime attacks, online espionage or the malware du jour to be slickly marketed, with the announcements carefully timed. But is this bad for either the information security community or attackers' victims?
The PCI Council has unveiled new guidance for mitigating payment card risks posed by third parties. Troy Leach, the council's CTO, explains how banking institutions and merchants can put the guidance to use.
The hacker community can be a cynical crowd, or perhaps a realistic one, that tries to make the best of the threats confronting society. CISO Dan Geer, for example, prefers to hire security folks who are, more than anything else, sadder but wiser.
Cybersecurity researchers at the Georgia Tech Research Institute are developing a tool known as BlackForest that amasses information from the Internet to give organizations an early warning of a pending cyber-attack.
Five out of eight defendants have pleaded guilty to charges tied to a fraud scheme involving the theft of personal information from an AT&T call center for use in unauthorized wire transfers and to obtain payment cards.
The FDIC this week removed its list of high-risk merchant categories from guidance related to third-party payment processors. Experts say pressure from merchants may have been the catalyst for the change.
Financial institutions feel the pain of recent retail breaches, and they seek new ways to secure payments and fight fraud. But how can security leaders influence changes within their own organizations?
A low-tech campaign combines phishing, small-footprint attack code and Android malware to topple banks' security defenses in Switzerland and three other nations. Will the campaign extend to U.S., U.K., and beyond?
The banking industry is watching closely as the New York State Department of Financial Services proposes a groundbreaking "BitLicense" regulatory framework for virtual currency businesses that's designed to help fight fraud.
A new impersonation scheme is taking aim at business executives to perpetuate ACH and wire fraud, says Bank of the West's David Pollino, who explains steps institutions should take now to protect their customers.