As Congressional leaders look for answers about why U.S. card security is failing, there hasn't been enough discussion surround why EMV can't easily fix our system. And the card brands have been conspicuously absent from the debate.
We may never really know who or what is to blame for the Target breach that exposed as many as 40 million U.S. debit and credit cards, but there definitely is no shortage of theories from our readers.
ATM skimming attacks, and subsequent fraud losses, are increasing, even in European markets where EMV chip cards are the standard. Learn why some experts predict a continued surge in skimming in the months to come.
The breach of a card loyalty marketing company has reignited discussions about the roles banking institutions, regulators and others play when it comes to mitigating third-party risks. Where should the buck stop?
Senior leaders in business and government are buying in to the need for more cybersecurity investments as well as threat-intelligence sharing, new research shows. But why are they still struggling to hire the right security pros?
Sharing information about cyber-attacks is making a difference in the banking sector, helping bring criminals to justice and curbing fraud losses. Other sectors should learn from banking's example.
Our inaugural Fraud Summit on Oct. 22 at the Meadowlands in New Jersey will feature an impressive lineup of information security leaders offering timely insights about practical risk mitigation strategies.
Regulators need to do a better job of notifying banks promptly when they find severe security flaws at third parties, especially core banking processors. And community banks need to collaborate on assessments of third-party risks.
Banks have a critical role to play in helping other industries with DDoS mitigation, as DDoS targets are expected to shift. Attacks against U.S. banks are proving increasingly ineffective because banks have enhanced their defenses.
Few community banks and credit unions have taken the necessary steps to help guard against the growing risks of patent infringement lawsuits. What lessons can they learn from larger institutions?
Account takeover techniques are getting more sophisticated; new "account checkers" are helping hackers automate their processes. The trend is just one more reason why we need advanced forms of authentication.
How relevant is customer education? Readers weigh in with thoughtful responses to two recent guest blogs that tackle the question from two perspectives: the education proponent and the critic.
While U.S. banking institutions brace for the next wave of distributed-denial-of-service attacks, new cyberthreat research reminds us that no industry is DDoS-immune.
Frustration over the growing number of retail breaches is heating up. See what our readers had to say after the malware attack that hit MAPCO Express, and why they believe PCI compliance isn't enough to ensure security.
Preliminary results of the 2013 Faces of Fraud Survey show institutions are still suffering big financial losses linked to ACH and wire fraud. Why are they still getting hit, in spite of investments to detect and prevent account takeover?
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