Weeks after confirming its review of a data breach that occurred during a routine regulatory exam, a financial regulatory agency now says it will pay $50,000 to help cover the affected institution's breach-related expenses.
Emerging malware increasingly puts banks and their customers at risk for fraud. The sooner malware is detected and removed, the less likely banks are to suffer regulatory penalties and fines, and steep losses linked to fraud.
A group of about 20 state attorneys general has sent a letter to JPMorgan Chase demanding the bank reveal far more details about its breach last year that exposed information related to 76 million households and 7 million small businesses.
The globalization of fraud waged by organized crime has spurred new cross-channel attacks and is affecting how ATM operators approach data security, executives from three of the world's leading ATM manufacturers explain in this exclusive interview.
Following the Paris terror attacks, the French government plans to strengthen its surveillance laws, while the British prime minister has promised to allow intelligence agencies to penetrate any encrypted communications.
North Korean leader Kim Jong-un was set to star in a satirical video game, in which he battled the forces of imperialist oppression with the help of unicorns and narwals - until hackers apparently disrupted game development.
The U.S. migration from magnetic-stripe payment cards to EMV-compliant cards is in full swing, thanks in part to massive breaches at retailers. This infographic offers a timeline of progress in implementing this new technology.
President Obama's call for enactment of a national data breach notification law has been widely welcomed by business groups and privacy advocates, but their endorsements come with a big proviso: What's in it? The White House hasn't furnished details.
ATM vendors are working together to enhance threat information sharing and ensure hardware and software compatibility. In part two of an exclusive three-part interview, three leading ATM manufacturers explain why collaboration has become so important.
Hackers released sensitive information from Banque Cantonale de Geneve (BCGE) after the Swiss bank declined to pay attackers' ransom demand. Hacking group Rex Mundi claims it exploited a SQL injection flaw to breach the bank's defenses.
U.S. Central Command's Twitter and YouTube accounts were hacked Jan. 12, reportedly by ISIS sympathizers. The account compromises came the same day President Obama proposed new cybersecurity measures, including a national breach notification law.
Following the Paris attacks, Britain's prime minister hopes to reintroduce a controversial surveillance bill known as the "Snooper's Charter." Meanwhile, many European countries - and the U.S. - plan to increase anti-terrorism collaboration.
President Obama is proposing a national data breach notification law that would require businesses to notify consumers within 30 days of a breach, replacing the current patchwork of state requirements.
Bankers are criticizing one federal regulatory agency for how it has responded to a breach of unencrypted consumer data that occurred during a routine banking exam. They're saying regulators should focus more on their internal security practices.