A low-tech card fraud scheme, which involves covering merchants' satellite dishes with aluminum foil, proves blocking payment transmissions can be just as damaging as intercepting them.
Security teams struggling to detect signs of threats hidden in mountains of data are attracted to big data analytics. But experts advise security professionals to take an incremental approach, starting out with smaller projects.
An ENISA white paper provides guidance on securing industrial control systems and preparing an incident response plan. Learn why these systems, used in many sectors to perform repetitive automated tasks, are vulnerable to attack.
Banking institutions and merchants are fighting back against cyber-attacks by sharing information and assisting law enforcement investigations, says Julie Conroy of Aite, which has issued a report about account takeover and cyberfraud trends.
Russian authorities have reportedly arrested a man believed to be the author of the Blackhole exploit kit, widely used by cybercriminals to exploit vulnerabilities in Web browsers and other software to infect user computers with malware.
A new Ponemon Institute study shows the average annual cost of cybercrime for 60 major U.S. companies rose 26 percent this year. Find out some of the factors contributing to the rising cost.
Twitter's IPO filing sheds light on the social media company's perceived security risks. For example, it acknowledges the challenge of preparing for evolving cyberthreats.
Communication is key in the wake of a cyber-attack, says Dennis Simmons of SWACHA, who explains how simulated attack drills will help banks overcome their information sharing challenges.
A prolonged federal shutdown in which many IT security personnel have been furloughed could make it much more difficult for the government to recruit and retain needed cybersecurity experts.
Adobe is notifying 2.9 million customers that their personal information has been compromised as a result of a breach into the software company's network. Source code for numerous products was also illegally accessed.
Regulators need to do a better job of notifying banks promptly when they find severe security flaws at third parties, especially core banking processors. And community banks need to collaborate on assessments of third-party risks.
In the wake of an ongoing stream of merchant and payment processing breaches, the FDIC is reminding smaller banking institutions that they are ultimately responsible for ensuring the security of cardholder data.
Mitigating card risks associated with retail malware attacks and POS vulnerabilities is a focus of updates to the PCI Data Security Standard, say Bob Russo and Troy Leach of the PCI Security Standards Council.
Successfully implementing the SANS 20 Critical Security Controls requires far more than just deploying systems, platforms or services. Experts offer insights on effective strategies for leveraging technical controls.
Hackers allegedly trafficking in personally identifiable data have reportedly breached the computers of three major data aggregators, raising doubts about knowledge-based authentication as a tool to verify identity.
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