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 new handbook from the National Association of Corporate Directors, titled Cyber-Risk Oversight, offers five principles to guide boards of directors in helping their organizations address IT security threats.
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?
A senior White House official says the Cybersecurity Information Sharing Act of 2014, which a Senate committee passed earlier this month, needs to have its privacy and civil liberties protection provisions strengthened to win presidential support.
Karl Schimmeck of the Securities Industry and Financial Markets Association won't discuss reports about the group's alleged backing of the formation of a cyberwar council, but says financial institutions must play a role in protecting critical infrastructure.
Key figures trusted with safeguarding the British financial services sector recently gathered in a subterranean London conference room to find better ways to secure banks against cyber-attackers. One key step? Managing supply chain risks.
Infrastructure security used to be more manageable. But it's far more complex in today's cloud environment. Carson Sweet of CloudPassage shares insight and strategies to improve cloud infrastructure security.
As a customer, Delaware Chief Security Officer Elayne Starkey has seen the evolution of cloud computing over the past three years to a point where she has more sway over the security terms of cloud services contracts.
The 9/11 Commission, in its 10th anniversary report, cautions Americans and the U.S. government to treat cyberthreats more seriously than they did terrorist threats in the days and weeks before Sept. 11, 2001.
The EU Joint Cybercrime Action Taskforce pilot is set to coordinate cross-border investigations - across Europe, the United States and beyond - into cybercrime, including payment card fraud, DDoS attacks and malware rings.