Vermont's $30,000 settlement with a breached retailer proves states can play an important role in holding retailers more accountable for losses associated with card fraud, and issuers should take notice, one banker says.
Russian authorities have reportedly arrested a man believed to be the author of the Blackhole exploit kit, widely used by cybercriminals to exploit vulnerabilities in Web browsers and other software to infect user computers with malware.
Despite the recent lull in al-Qassam Cyber Fighters' DDoS attacks against U.S. banks, the ABA's Doug Johnson and FS-ISAC's Bill Nelson warn banks to avoid complacency, noting that DDoS attacks pose an ongoing threat.
The FFIEC has warned banking institutions to take steps now to avoid security and operational risks associated with Microsoft's plans to discontinue support of Windows XP. Experts explain why replacing the operating system is critical.
The United States should be prepared for a dramatic increase in card-not-present fraud as cards using the EMV standard are widely deployed, says card fraud prevention expert Julie Conroy of Aite, who describes the reasons why.
Randy Trzeciak and his CERT Insider Threat Center colleagues are working to broaden the definition of the insider threat to incorporate not just the risk to information and IT but to facilities and people, too.
Adobe is notifying 2.9 million customers that their personal information has been compromised as a result of a breach into the software company's network. Source code for numerous products was also illegally accessed.
In the wake of an ongoing stream of merchant and payment processing breaches, the FDIC is reminding smaller banking institutions that they are ultimately responsible for ensuring the security of cardholder data.
Banks need to ensure they continuously monitor their cloud vendors, says Troy Wunderlich of Washington Trust, a community bank in Spokane, who outlines his institution's strategy for vendor management.
The State Department's top cyberdiplomat, Chris Painter, explains how the United States is helping other nations beef up their laws and policies to battle cybercrime and improve international collaboration on cyberthreats.
Major agencies continue to struggle with implementing the Federal Information Security Management Act, which governs government cybersecurity, more than a decade after its enactment, according to a GAO report.