In a lawsuit, two small merchants say they, and many other retailers, are unfairly being forced to pay fraud-related expenses as a result of the EMV liability shift even though they converted to EMV technology by the card brands' deadline. Fraud prevention experts analyze the implications of the case.
A new report suggests that a Chinese cyber espionage APT attack group is behind a string of targeted ransomware infections that have slammed U.S. firms. Dig into the details, however, and the report is nothing but speculation, two security experts caution.
Without saying the word "backdoor," President Barack Obama used an appearance at the South by Southwest conference to argue that law enforcement agencies need weak crypto and likened strong crypto to "walking around with a Swiss bank account in [your] pocket."
Advanced attacks are out, while persistent, relatively simple attacks are in. Despite all of the APT hype in recent years, cybercriminals, and especially nation-state attackers, prefer to keep things simple. Information security experts explain why.
Credit card and other personal information was exposed in a data breach of Internet hosting provider Staminus Communications, which specializes in protection against distributed denial-of-service attacks. The company hosts the website of the Ku Klux Klan white supremacist group, which was also brought down.
The FBI calls ransomware "a prevalent, increasing threat." One recent campaign earned at least $325 million in global profits, while U.S. victims tell the FBI they paid $24 million in ransoms in 2015. And attackers are plowing profits back into improving their malicious code.
Although relatively few carriers offer cyber insurance, buyers can negotiate favorable terms when purchasing policies, say Experian's Michael Bruemmer and NetDiligence's Mark Greisiger, who explain why in this interview.
In a filing rebutting Apple's appeal of a court order requiring the company to help the FBI unlock the iPhone used by a shooter in the San Bernardino massacre, the Justice Department says Apple's rhetoric is "false" and "corrosive" to the institution that safeguards Americans' liberties and rights.
We all realize that the black hats are typically a step ahead of the white hats. But do we accept that our own security controls are contributing to the deficit? Sam Curry of Arbor Networks describes how security leaders can regain their lead in this video interview.
Hank Thomas and Ann Barron-DiCamillo are long-time security practitioners who have now chosen to put their minds where the money is, as principals in the new venture capital firm Strategic Cyber Ventures. What types of companies are they looking to fund? Find out in this video interview.
In a new, global enterprise security study, only 14 percent of respondents are "extremely confident" in their enterprises' ability to defend against top threats. What are the areas that erode their confidence? Christopher Kloes of Unisys offers analysis in this video interview.
Hackers stole $100 million from the Bangladesh Bank after apparently obtaining payment-transfer codes and moving the money overseas in what experts say appears to be one of the largest bank heists in history.
Because of growing cybersecurity concerns, CISOs in the financial sector finally are getting more time with their boards of directors and more direct interaction with senior executives, says John Carlson, chief of staff at the Financial Services Information Sharing and Analysis Center.