Following a data breach, sensitive information, including credit card data, is often sold through the underground economy. Security experts discuss why it's so difficult to shut down online criminal forums.
Most organizations, including banks, have more data than they know what to do with, says Allison Miller, a cyberthreat and data analytics expert. So why aren't they more effectively using big data analytics for fraud prevention and detection?
The Massachusetts attorney general has launched an investigation into a data breach involving a subsidiary of Experian. Earlier, attorneys general in Illinois and Connecticut announced similar investigations.
Industry analysts are debating why it took retailer Michaels nearly three months to confirm a breach of its point-of-sale network, and they're asking if the breach is linked to others, including those at Target and Neiman Marcus.
A George Mason University research fellow says the cybersecurity framework, issued earlier this year by the National Institute of Standards and Technology, is likely to cause more problems than it solves.
Verizon's latest annual breach report shows that Web application attacks increased more than malware-fueled point-of-sale intrusions in 2013, says analyst Dave Ostertag, who provides an overview of the report's findings.
A draft of revised guidance from NIST drops a cryptographic algorithm the NSA is said to have used to circumvent encryption that shields much of global commerce, banking systems, medical records and Internet communications.
Dennis Simmons, retiring CEO of SWACHA, says new career paths are being forged for IT professionals as well as legal experts who have good understandings of cybersecurity and cross-channel fraud in the world of e-commerce.
Two weeks after the launch of Heartbleed.com, traffic to the site remains strong and tweets still flow at a brisk pace. Site creator Codenomicon is helping IT practitioners to mitigate the OpenSSL flaw - and attracting customers, too.
Within one day of the disclosure of the flaw known as Heartbleed, an attacker posing as an authorized user broke into a corporate computer system, exploiting the vulnerability in the OpenSSL protocol, the breach detection firm Mandiant says.
Ellen Richey of Visa, keynoter at the April 29 Fraud Summit San Francisco, outlines key card fraud-fighting trends for the year ahead, including the U.S.'s migration toward EMV, greater use of tokenization and heightened fraud detection.