Card breaches at retailers such as Target and Neiman Marcus will likely be catalysts for improved cyberthreat intelligence and information sharing across the banking and retail sectors, says Mike Braatz of ACI.
Police have withdrawn their allegation that a man arrested for fraud in Georgetown, Texas, also may have been involved in the Target Corp. data breach last December that impacted millions of customers.
Leading this week's industry news roundup, FireEye has announced plans to acquire nPulse Technologies, which offers a network forensics solution, while CA Technologies joins the FIDO Alliance, which is developing authentication standards.
As the number of cybersecurity incidents increase, departments and agencies are doing a better job of complying with the law that governs IT security in the U.S. federal government, a new report to Congress from the White House says.
Banking institutions that are considering whether to accept virtual currencies, such as Bitcoin, must consider the risks involved, including money-laundering. Learn about the very latest Bitcoin developments.
Microsoft has issued a fix for the Internet Explorer bug, including an update for Windows XP users. The update repairs a vulnerability in the browser that could allow hackers to gain control of a user's computer.