On Christmas Eve, Target issued a warning about phishing scams linked to its breach recovery efforts. In response, the retailer says it is launching a dedicated resource page on its website for official communications.
Whether reports that the National Security Agency entered into a secret contract with security provider RSA are true or not - and RSA says they're not - the reputations of all American security vendors have been tarnished.
The financial services industry is not collaborating effectively to address online payment risks, says Scott Dueweke of Booz Allen Hamilton, who offers insights on effective fraud-fighting steps.
An independent presidential panel makes recommendations to limit the National Security Agency's surveillance methods, including curtailing the way the government systematically collects and stores metadata from Americans' phone calls.
Target Corp. confirms that a network intrusion may have exposed approximately 40 million debit and credit accounts. An investigation of the national big box retailer's breach is under way.
While the U.S. migration toward EMV card technology may have been jolted by a July court ruling, Randy Vanderhoof of the Smart Card Alliance contends the movement toward EMV will accelerate in 2014.
A pilot project that Pennsylvania is launching to develop single identities for residents could help reduce fraud while piggybacking on existing enterprise directory services
Jeh Johnson, the new secretary of Homeland Security, is expected to become one of the top advocates of the administration's cybersecurity policy as the White House shifts more IT security responsibilities to DHS.
Most fraud on the Internet is linked to unsecured identities, which is why a new global identification framework is needed, says Paul Simmonds, who heads a coalition working on a framework model.
Cybersecurity risks posed by inadequate IAM and IT asset management are mounting. Now the National Cybersecurity Center of Excellence has drafted guidance to address banking institutions' unique risks, says Nate Lesser, the center's deputy director.
The final version of the FFIEC's guidance on social media use clarifies how banks should assess consumer and third-party risks. But suggested controls for employee risks are still missing.
A Senate committee will soon consider a patent reform measure that is less aggressive than a recently approved House bill designed to help stem the tide of patent infringement lawsuits that sometimes target security technologies.
NSA Director Gen. Keith Alexander says the agency has taken 41 actions to prevent leaks by insiders in the wake of disclosures of classified documents about the agency's surveillance programs by former agency contractor Edward Snowden.
Receiving a notification letter about a data breach brings home the reality of just how common these incidents are - and how much prevention work, including encryption, still needs to be done.
Call center fraud is one of the leading threats that financial institutions will battle next year because fraudsters consider the centers to be an easy target. But what can be done to mitigate this threat?
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