The Consumer Bankers Association doesn't have an official stance on lawsuits that have been filed by banks against breached retailers, but the association's David Pommerehn says the CBA does support banks' rights to recover losses.
With the news that several large technology companies are going to assist in funding critical open source projects such as OpenSSL following the Heartbleed exploit, security experts weigh in on the move.
A hot topic among U.S. federal government security managers and other infosec pros is developing a process to vet mobile applications. The National Institute of Standards and Technology is offering a solution called AppVet.
The Target breach. Account takeover. Mobile banking. Big data analytics. If these terms mean anything to you, then stop right now and give some thought to attending our Fraud Summit in San Francisco on April 29.
Following a data breach, sensitive information, including credit card data, is often sold through the underground economy. Security experts discuss why it's so difficult to shut down online criminal forums.
A George Mason University research fellow says the cybersecurity framework, issued earlier this year by the National Institute of Standards and Technology, is likely to cause more problems than it solves.
A draft of revised guidance from NIST drops a cryptographic algorithm the NSA is said to have used to circumvent encryption that shields much of global commerce, banking systems, medical records and Internet communications.
Dennis Simmons, retiring CEO of SWACHA, says new career paths are being forged for IT professionals as well as legal experts who have good understandings of cybersecurity and cross-channel fraud in the world of e-commerce.
Two weeks after the launch of Heartbleed.com, traffic to the site remains strong and tweets still flow at a brisk pace. Site creator Codenomicon is helping IT practitioners to mitigate the OpenSSL flaw - and attracting customers, too.
Within one day of the disclosure of the flaw known as Heartbleed, an attacker posing as an authorized user broke into a corporate computer system, exploiting the vulnerability in the OpenSSL protocol, the breach detection firm Mandiant says.
Ellen Richey of Visa, keynoter at the April 29 Fraud Summit San Francisco, outlines key card fraud-fighting trends for the year ahead, including the U.S.'s migration toward EMV, greater use of tokenization and heightened fraud detection.