A new handbook from the National Association of Corporate Directors, titled Cyber-Risk Oversight, offers five principles to guide boards of directors in helping their organizations address IT security threats.
A low-tech campaign combines phishing, small-footprint attack code and Android malware to topple banks' security defenses in Switzerland and three other nations. Will the campaign extend to U.S., U.K., and beyond?
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.
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.
Infrastructure security used to be more manageable. But it's far more complex in today's cloud environment. Carson Sweet of CloudPassage shares insight and strategies to improve cloud infrastructure security.
The website of the European Central Bank has been breached and contact information for event registrants stolen. The breach only came to light when a hacker attempted to obtain a ransom to return stolen data to the bank.
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.
A former IRS employee was arrested and charged in an alleged ID theft scheme that involved stealing personal information about individuals, including IRS employees, to open credit card accounts for fraudulent use.
Leading this week's industry news roundup, Quantum Corp. is integrating its StorNext scale-out storage with the FireEye network forensics platform, while CARD.com is partnering with IDology to help prevent card fraud.
Sources say a yet-to-be-confirmed breach of payment card data linked to transactions at Goodwill Industries could be linked to a point-of-sale vulnerability that may have affected other numerous merchants.