How could global fraudsters steal $45 million from banking institutions without being detected or stopped? It was a process breakdown, not a technology failure, says fraud expert Avivah Litan of Gartner.
Privacy attorney Ron Raether challenges a commission's recent recommendation that the government should support companies that use the hack-back approach to mitigating the theft of intellectual property.
It isn't just a financial services issue. Organizations of all types are victimized by data security breaches and fraud schemes that compromise payment card data. What can be done to help ensure better security and PCI compliance?
What can U.S. and European organizations learn from Asia-Pac about advanced mobile tech and increasing cyberthreats? That's a question I hope to answer while in Singapore for RSA Conference Asia Pacific 2013.
An ongoing lull in attacks could indicate that hacktivists' DDoS campaigns against U.S. banks are over, says Rodney Joffe of Neustar. But other experts still expect the attacks will resume.
When President Obama comes face to face with China's President Xi Jinping, don't expect the American commander in chief to present an ultimatum over Chinese cybersecurity assaults on critical U.S. IT systems.
Gov. Andrew Cuomo says policyholders' health, financial and personally identifiable information stored by insurers could be the next big target of hackers, so the state is seeking cyber-protection information from top insurers it regulates.
Authorities have shuttered a digital currency service allegedly used to launder funds stolen in a $45 million ATM cash-out scheme exposed earlier this month. Learn why experts say lax laws paved the way for the fraud.
Future court rulings in ACH fraud cases may place more of an emphasis on the customer, not the bank, when it comes to liability, says cybersecurity attorney Joseph Burton.
In this week's breach roundup, read about the latest incidents, including a hacker pleading guilty for his role in the 2011 breach of Strategic Forecasting Inc., a global intelligence firm, that affected about 860,000 individuals.
Attacks aimed at mobile devices are progressing much more rapidly than any attacks ever waged against PCs. Organizations are in danger if they don't pay attention, says anti-phishing expert Dave Jevans.
Market demand for patching and add-ons for security could be adversely affecting the way universities are teaching the next generation of cybersecurity professionals, says Professor Eugene Spafford.
The Obama administration is intensifying efforts to get the Chinese government to stop hacking activities following a report that designs for many of the nation's most sensitive advanced weapons systems have been compromised by Chinese hackers.
The FDIC, in a notice to consumers, highlights questions that customers should be asking banks about DDoS attacks. But is the notice an indicator that more regulatory oversight is ahead?
Breaking into the IT security field - a male-dominated profession - is a challenge for women. Lisa Xu, CEO of NopSec, identifies the hurdles she had to overcome and offers strategies for women to grow in their careers.
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