The PCI Council has unveiled new guidance for mitigating payment card risks posed by third parties. Troy Leach, the council's CTO, explains how banking institutions and merchants can put the guidance to use.
The hacker community can be a cynical crowd, or perhaps a realistic one, that tries to make the best of the threats confronting society. CISO Dan Geer, for example, prefers to hire security folks who are, more than anything else, sadder but wiser.
A U.S. federal court judge has upheld a warrant requiring Microsoft to give the Justice Department copies of e-mails being stored at a data center in Dublin. But Microsoft plans to appeal the ruling on privacy grounds.
A U.S. appeals court has agreed to hear Wyndham Worldwide's appeal regarding what authority the FTC has over corporate data security. The dispute stems from a suit the FTC brought against the hotel chain following three payment card data breaches.
A senior White House official says the Cybersecurity Information Sharing Act of 2014, which a Senate committee passed earlier this month, needs to have its privacy and civil liberties protection provisions strengthened to win presidential support.
The banking industry is watching closely as the New York State Department of Financial Services proposes a groundbreaking "BitLicense" regulatory framework for virtual currency businesses that's designed to help fight fraud.
Key figures trusted with safeguarding the British financial services sector recently gathered in a subterranean London conference room to find better ways to secure banks against cyber-attackers. One key step? Managing supply chain risks.
A federal judge has denied Target's motion to halt the discovery process in the class action lawsuits filed against the retailer in the wake of its December 2013 data breach. Target has yet to file its planned motions to dismiss most of the claims.
A district court in Illinois has dismissed a consolidated class action lawsuit seeking damages from Michaels Stores Inc. for a card breach the arts and crafts retailer suffered starting in 2013. Find out the grounds for the court's dismissal.
A Missouri-based escrow firm is considering taking its fraud case all the way to the Supreme Court now that an appellate court has denied a request to have its case involving a $440,000 account takeover loss reheard.
The 9/11 Commission, in its 10th anniversary report, cautions Americans and the U.S. government to treat cyberthreats more seriously than they did terrorist threats in the days and weeks before Sept. 11, 2001.