A new audit that uncovered numerous problems with the U.S. Secret Service's IT management is "alarming," says House Oversight Chairman Jason Chaffetz, a victim of a Secret Service insider breach.
Under Australia's strict definition of a cyberattack, the country has never actually experienced one. The claim underscores ongoing questions about how to describe cybersecurity incidents.
An NSA contractor who worked for Booz Allen Hamilton has been accused of stealing top-secret documents that the U.S. says could endanger national security. The documents are critical to a "wide variety of national security issues," the Department of Justice says.
The handling of a recent data breach - the details of which are still unfolding - by Oakland, Calif.-based web services company Regpack provides a look into how the discovery and disclosure of a breach can turn into a real train wreck.
Bank watchdog Sen. Elizabeth Warren is going after Wells Fargo for violating the privacy of bank customers. This news leads the latest edition of the ISMG Security Report.
Wells Fargo will pay $185 million in fines over employees illegally subscribing customers to banking products they didn't request - creating 2 million ghost accounts in the process - in what appears to be one of the largest cases of identity theft ever recorded.
A former administrative worker at a Florida pediatric practice has been indicted in federal court along with two others for alleged identity theft and fraud crimes involving stolen patient information. But why didn't prosecutors file HIPAA-related criminal charges?
Did security researchers at financial solutions provider NCR unveil a security flaw with EMV - one that could allow hackers to steal card data from EMV chips and clone it on magnetic stripes?
Bank of the West's new approach to the insider threat is focused less on detection, more on preventing fraud in the first place. David Pollino tells why a "noisy" insider fraud program is more effective than covertly monitoring employee activity.
Reacting to strong complaints from retailers, three major card brands have finally taken steps toward reducing the amount of counterfeit fraud chargebacks to U.S. merchants, which began as a result of the EMV fraud liability shift last October. But was the action by the brands bold enough?
In what's being dubbed as the largest coordinated takedown to date, federal authorities have arrested 301 individuals for participating in Medicare and Medicaid fraud schemes involving $900 million in false billings.
A report that the Russian government hacked into Democratic National Committee systems has security experts warning that just because malware was found on a hacked network, that doesn't mean a specific individual, group or nation-state was involved.
The $1 million penalty that the SEC imposed on Morgan Stanley for its failure to prevent a former employee from compromising 730,000 client accounts is too low to send a strong message to financial services firms about the need for stronger cybersecurity and internal fraud controls, security experts say.
Ransomware, regulations, botnets, information sharing and policing strategies were just some of the topics that dominated the "International Conference on Big Data in Cyber Security" hosted by Edinburgh Napier University in Scotland.
Close on the heels of the QNB leak, the same attackers have published data that appears to be from UAE-based InvestBank. The dump appears to contain payment card data, as well as a large number of sensitive, internal files relating to the bank's employees and systems.
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