Russian and European malware and spam purveyors have been hijacking Internet routes. Pending a massive infrastructure upgrade, security experts warn that such attacks can be detected, but not easily blocked.
Visa executive Kimberly Lawrence contends that the ongoing U.S. migration to EMV is progressing more rapidly than in other markets that have made the transition, requiring outside-the-box rules for debit transactions and cardholder verification.
Hackers posing as women on Skype tricked Syrian opposition fighters into infecting their systems with malware, which furnished the hackers with "valuable insight into military operations," according to a new report from cybersecurity firm FireEye.
A Romanian man has pleaded guilty to charges stemming from his role in a large-scale ATM skimming scheme that defrauded Wells Fargo, Citibank, TD Bank and other financial institutions out of at least $5 million.
Even a few weeks after the RBI announced its plan to consider removal of the two-factor authentication requirement for small-value transactions, security critics continue to react strongly against the notion.
Lawmakers are more serious than ever about cybersecurity legislation. Their intent is to enact, but can they compromise on legislation to share cyberthreat information and nationalize data breach notification?
The Federal Reserve's just-released plan for faster payments and technology standardization, while applicable to ACH and wire transactions, won't easily translate for card payments, says Troy Leach of the PCI Security Standards Council.
In the wake of an "inebriated" government employee crashing a drone on the White House lawn, federal officials sound warnings over the potential weaponization of consumer drones. But is it anything more than a Hollywood-style movie plot?
ICICI Bank has launched a new payments service to enable customers transfer funds via twitter. Can it ensure a secure transaction and reach its goal of enabling Gen Y to leverage the service effectively?