Visa has agreed to increase the reimbursement paid to banking institutions that must reissue cards in the wake of a merchant breach. Now the smaller card issuers, such as community banks, are getting paid the most.
Caffeine junkies are up in arms over reports that criminals have been targeting their Starbucks account balances. But the real story is poor password-picking practices by consumers, and Starbucks' lack of multi-factor authentication.
Wanted: Hackers for hire. Or in British government parlance: "Committed and responsible individuals who have the potential to carry out computer network operations to keep the U.K. safe." Ready to apply?
The FBI is offering a big-stakes reward for an alleged criminal who ranks at the top of its "cyber most wanted" list. But one cybercrime expert asks: "Would you cross the Russian mafia or some organized crime gang for $3 million?"
Ed Felten, the new federal deputy chief technology officer, hasn't been shy about criticizing the federal government, whether it's about the NSA undermining encryption standards or the FBI not being entirely transparent on malware warnings.
President Obama is strongly urging the House and Senate to pass the USA Freedom Act, a bipartisan bill that would ban the National Security Agency's bulk collection of metadata on American citizens' telephone calls.
The chief privacy officer's role has changed considerably, particularly in response to today's cyberthreats. As a result, CPOs at banking institutions need to be collaborators, designers, gatekeepers, teachers and more.
Legal experts say the majority of class-action lawsuits filed in response to data breaches fail, and that's unlikely to change unless lawmakers or the courts rethink notions of "injury" and "harm" to encompass more than just fraud.
A judge's decision to allow MasterCard's settlement with Target to stand isn't likely to be appealed and could discourage banking institutions, some experts say, from continuing to pursue a breach-related class-action lawsuit they filed against the retailer.
Britain's Tory party has secured a majority in Parliament, which means the country will soon see a new legislative agenda. Here are some of the information security, privacy and surveillance initiatives to expect in the coming months.