In what is being called "the largest coordinated international law enforcement action in history directed at carding crimes," 24 suspects have been arrested in a fraud scheme likely involving more than 400,000 accounts.
The FTC claims hackers targeted the Wyndham hotel chain's network and exported debit and credit data to a domain in Russia. What do the breaches mean for card issuers, and what action should they take?
Some organizations are focusing so much attention on the bring-your-own-device trend and on implementing a mobile device management system that they're neglecting mobile app security issues, says security expert Jeff Williams.
Banks and credit unions say they are investing in enhanced fraud detection, monitoring systems and education. What other anti-fraud investments top their lists? See what our 2012 Faces of Fraud Survey revealed.
"This is about preparing the battlefield for another type of covert action," a former high-ranking U.S. intelligence official says. "Cyber collection against the Iranian program is way further down the road than this."
LinkedIn's failure to comply with long standing industry standard encryption protocols jeopardized its users' PII, and diminished the value of the services, the class action federal lawsuit filed in northern California says.