Legal experts size up class action lawsuits filed in the wake of two breaches, one affecting customers of the Jimmy John's restaurant chain and the other affecting employees and contractors of Coca-Cola.
Put together, two IRS audits illustrate a major concern many security pros have about FISMA audits: They're checklists of whether organizations comply with regulations that require specific processes but do not determine if the processes are effective.
The stiff sentence of a cybercriminal for his role in an Internet-based scheme that trafficked in hacked payment card sends a strong message about the serious nature of ID theft. But experts say more tough sentences are needed to deter fraudsters.
From PCs to tablets to smartphones, customers enter institutions from all electronic angles. And these new banking habits put new strains on traditional IT infrastructure. How can banks ensure security?
Attackers are targeting online banking users' account information worldwide through sophisticated phishing attacks designed to deliver Microsoft Word documents containing malicious macro code known as Dridex.
Microsoft has issued a patch to correct a critical vulnerability in Schannel, which encrypts transactions on most Windows platforms. The bug is "concerning" for organizations running the service, some experts say, comparing it to the Heartbleed flaw.
Comptroller of the Currency Thomas Curry says "it's only fair" that merchants should be responsible for some of the expenses that result when their systems are breached. Now, security experts consider the implications of his comments.
Security researchers recently uncovered a new version of the Backoff POS malware, which offers several new features that make it tougher to eradicate. This infographic offers a roundup of a number of significant recent malware developments.