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.
A federal judge has denied Target's motion to halt the discovery process in the class action lawsuits filed against the retailer in the wake of its December 2013 data breach. Target has yet to file its planned motions to dismiss most of the claims.
A district court in Illinois has dismissed a consolidated class action lawsuit seeking damages from Michaels Stores Inc. for a card breach the arts and crafts retailer suffered starting in 2013. Find out the grounds for the court's dismissal.
The website of the European Central Bank has been breached and contact information for event registrants stolen. The breach only came to light when a hacker attempted to obtain a ransom to return stolen data to the bank.
Sources say a yet-to-be-confirmed breach of payment card data linked to transactions at Goodwill Industries could be linked to a point-of-sale vulnerability that may have affected other numerous merchants.
Point-of-sale retail breaches are the rage, but they are just one cyber-crime trend on the mind of RSA researcher Uri Fleyder. What are the malware and mobile threats that organizations should monitor?
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.
Financial institution and consumer plaintiffs in the class action lawsuits stemming from the December 2013 Target breach have filed a memo arguing against the retailer's request that the discovery process be delayed.
Two zero-day vulnerabilities reportedly were exploited by the attackers who hacked NASDAQ's systems in 2010. While a senior U.S. legislator claims the hackers had "nation-state" backing, security experts say it's still not clear who hacked NASDAQ or why.
A security expert and average consumers respond differently to the eBay breach. As most customers retain a high degree of faith in online merchant security, the expert believes eBay committed a serious sin in its lack of strong authentication.