Authorities in New York have filed charges against two Russians for card fraud schemes and network malware attacks that compromised 800,000 accounts at Citibank and PNC, as well as data at NASDAQ.
How were four Russians and a Ukrainian allegedly able to steal more than 160 million payment card numbers from corporate networks over seven years? An indictment announced by U.S. Attorney Paul J. Fishman provides details.
The author of the forthcoming book "Secrets and Leaks" explains why the acts of NSA whistleblower Edward Snowden don't carry the same weight as those of Pentagon Papers leaker Daniel Ellsberg.
While U.S. banking institutions brace for the next wave of distributed-denial-of-service attacks, new cyberthreat research reminds us that no industry is DDoS-immune.
IT security pros see metrics as a useful tool to validate operational performance. But many organizations' top leaders evaluate security on cost. It's time to bridge that gap.
Harbor Freight Tools, a 400-store retail chain, is reporting a cyber-attack against its payment processing system. The breach is the latest involving compromised merchant processing systems that one security analyst says proves payments systems are "fundamentally insecure."
The National Security Agency is piloting a new program, as a result of the Edward Snowden incident, in which systems administrators with top-secret clearance can access certain secret documents only with the approval of another colleague.
As social media use grows, so do the risks of organizations getting caught up in costly legal disputes over ownership and assets. Alan Brill of Kroll advises on how to mitigate such risks.
At a time of heightened cybersecurity threats, few organizations have processes for employees at all levels to report breaches. It's time for accelerated breach response, says attorney Ellen Giblin.
The apparatchiks at the Kremlin think they're clever sorts with plans to replace computers with typewriters to prevent the American e-spies at the National Security Agency from hacking into Russian intelligence systems.
Frustration over the growing number of retail breaches is heating up. See what our readers had to say after the malware attack that hit MAPCO Express, and why they believe PCI compliance isn't enough to ensure security.
Preliminary results of the 2013 Faces of Fraud Survey show institutions are still suffering big financial losses linked to ACH and wire fraud. Why are they still getting hit, in spite of investments to detect and prevent account takeover?
A new incident response publication coming from the National Institute of Standards and Technology will include guidance on how to form circles of trust - networks of IT security experts spanning multiple organizations, says NIST's Lee Badger.
Electronic banking fraud is as rampant as ever because of the failure to address one of the core problems, says security specialist Tom Wills, who describes why focusing only on technology to defeat Trojans will never work.
Our analysis of U.S. government labor statistics shows a sizable increase in the IT security workforce. But the way the occupation is defined may have as much to do with the increase as the number of jobs themselves.
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