The Federal Reserve will carefully scrutinize the security components of proposals it's receiving this month for technologies that can be used to enable faster payments in the United States. That's because a key issue in moving to faster payments is mitigating the greater risk of fraud.
Luxury hotel chain Trump Hotels is investigating a possible breach that some security sources say targeted the chain's point-of-service system. If confirmed, it will be the second card breach suffered by the chain in less than a year.
The massive "Panama Papers" data leak apparently was enabled by a law firm failing to have the right information security defenses in place. The breach calls attention to the need for all organizations to encrypt sensitive data, use access controls as well as monitor access patterns for signs of data exfiltration.
To fight the growth of card fraud, retailers need to take a multichannel approach, says Randy Vanderhoof of the EMV Migration Forum. In addition to EMV, retailers must invest in tokenization and encryption, he says in this video interview.
Federal regulators have issued new guidance urging healthcare organizations and business associates to bolster their cyberattack defenses. The advice comes after a string of recent high-profile attacks on hospitals.
Security experts worldwide are sorting through the implications of the so-called "Panama Papers" leak, involving 11.5 million records. The documents highlight an elaborate web of offshore holdings that everyone from heads of state to celebrities and fraudsters have allegedly used to hide billions of dollars.
In a video interview, Dave Matthews of the National Restaurant Association, which represents more than 500,000 restaurants throughout the country, explains why the group is questioning whether EMV is really ready for "prime time."
A new alert from the Department of Homeland Security regarding more than 1,400 software vulnerabilities in an older line of systems used to dispense medical supplies at hospitals spotlights the challenges involved in securing legacy equipment, including medical devices.
The vast majority of cloud services today store - and manage - all related cryptographic keys for customers. But in the post-Snowden era, organizations that use cloud services must better control and lock down those environments, says WinMagic's Mark Hickman in this video interview.
As DDoS attacks become more sophisticated, organizations must include prevention components in their overall security infrastructure, rather than just their network infrastructure, JP Blaho of Arbor Networks says in this video interview.
Ransomware is such a serious cybersecurity concern that the FBI has issued new guidance and yet another alert about the threat. Nevertheless, experts say too many organizations are still unaware of the risk, muchless how to mitigate it.
Although organizations in a number of business sectors, including healthcare, have been targeted by ransomware attacks in recent months, a new report reveals that government agencies also were targeted hundreds of times during the second half of last year, but no ransoms were paid.
At least seven class action lawsuits have been filed against 21st Century Oncology, a cancer center chain that recently reported a hacker attack that compromised the data of 2.2 million individuals. But those filing the suits have an uphill climb, some legal experts say, based on the outcomes of similar cases.
The recent surge in ransomware attacks on hospitals has at least one member of Congress contemplating whether HIPAA's breach notification requirements need to be clarified or updated to reflect the trend.