In a video interview, Bob Carr of Heartland Payment Systems offers a frank assessment of missteps in the wake of the processor's landmark 2008 data breach, and he calls for widespread use of end-to-end encryption.
To avoid having their organizations exploited by teenage hackers, boards of directors worldwide need to get serious about security. Here are five lessons to be learned from the latest TalkTalk data breach.
The FFIEC has issued an alert calling on financial institutions to take specific risk mitigation steps in light of an increase in the frequency and severity of cyberattacks involving extortion. Fraud experts applaud the move while offering additional recommendations.
The quantity and duration of distributed denial-of-service attacks continue to increase. The latest attacks are being launched via MySQL servers infected with Chikdos malware, as well as compromised Internet-connected CCTV systems, researchers say.
U.S. convenience stores and gas stations should be braced for a new uptick in pay-at-the-pump skimming attacks. A recent rash of attacks in Post Falls, Idaho, illustrates exactly why this form of fraud is becoming such a costly concern.
As more banks and government agencies stop providing free BlackBerries to employees, the beleaguered smartphone manufacturer is attempting to reboot with the launch of its first Android smartphone, dubbed Priv for privacy.
British police have arrested a third suspect in connection with the hack attack against telecommunications provider TalkTalk. Separately, Vodafone UK also issued an alert of a breach, which it traced to reused passwords.
While sophisticated cyberattacks and high-profile mega-breaches get most of the attention, European fraud experts say less sophisticated attacks are far more common and pose a greater fraud risk. At ISMG's Fraud Summit in London, they called for global collaboration to fight fraud.
Too many companies lack an understanding of the business ramifications of cyber threats, says Juanita Koilpillai, president of the Digital Risk Management Institute. In a video interview, she describes why business owners and insurance companies must work together to develop modern cyber risk management programs.
Cisco plans to acquire network security vendor Lancope, its latest in a series of acquisitions of companies specializing in information security. Learn why analysts say the deal makes sense.
British police have arrested a 15-year-old boy in connection with the suspected hack of TalkTalk. Security experts say that if a teenager was responsible, it's going to be difficult for the communications firm to prove that it takes customers' data security seriously.
Cyberattacks are challenging our current methods of defense, says Lance James, a global cyber intelligence adviser at the consultancy Unit 221b. In a video interview, he discusses the changes in tools and skills that must be made to fend off fast-moving adversaries.
A third data breach affecting TalkTalk has prompted sharp questions from U.K. public officials about whether stronger breach notification laws and breach-related penalties might help prevent more such incidents from occurring.
The recent data breach at U.K.-based telecom company TalkTalk illustrates that breach risk mitigation is a critical issue worldwide. PCI's Jeremy King, who will be a featured speaker at ISMG's Fraud Summit London on Oct. 27, explains why European data security is getting more scrutiny.
Telecommunications provider TalkTalk has been hit with a ransom demand, following a "significant" hack attack that may have breached personal and financial information for up to 4 million customers.
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