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 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.
A huge part of fraud prevention is being able to detect anomalous behavior on your network. But to do so, you need to know what normal behavior looks like. Usman Choudhary of ThreatTrack discusses how to create that network baseline.
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.
Top American and Chinese government officials, meeting this week in Washington, agreed to create a common understanding on cyberthreats and how to respond to them, but the two sides offered different characterizations of the tone of the dialogue.
The breach of Hong Kong toymaker VTech highlights security experts' growing concern over manufacturers selling devices - for enterprises, medical purposes, schools as well as homes and now toy boxes - that don't appear to be secure by design.
Consultant, venture capitalist, retired chairman of RSA. Art Coviello plays many roles, and through them he has a unique view on how the information security marketplace is taking shape for 2016. Who does he see as the winners and losers?
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.
The Chinese government concedes the attack on U.S. Office of Personnel Management computers emanated from China, but it contends the culprits were criminals, not individuals working for the Chinese government or military. Some experts in the United States aren't buying the Chinese government's explanation.
The security of Internet-connected toys is in the limelight after toymaker VTech acknowledged suffering a data breach that affects 5 million accounts and personal information and photographs relating to more than 200,000 children.
As the U.S. moves toward faster payments, it must include new payments providers, such as Apple Pay and Square, as well as banks in all efforts to ensure security, says David Lott of the Federal Reserve Bank of Atlanta.
While cyberattacks will continue to menace healthcare and other business sectors next year, organizations can't afford to overlook addressing risks tied to insiders, who are responsible for most data breaches, says Michael Bruemmer of Experian Data Breach Resolution.
Business email compromise attacks are becoming more sophisticated and pervasive, and smaller businesses in English-speaking countries are proving to be the most common targets, says PhishLabs' Joseph Opacki, who calls on banks to show customers examples of the schemes.
Legislation pending before both houses of Congress, if enacted, would change a nearly 30-year-old law to require the government to obtain a warrant to access the content of emails that are 180 days old or older. Why do some agencies oppose the proposal?