Many issuers of chip-based credit cards will likely allow U.S. consumers to complete transactions with a signature, not a PIN, which will limit the fraud protections offered by EMV cards, says Citizen Financial Group's Tim Webb.
In the wake of a suspicious "technical" issue that took down part of Bank of England's payments network earlier this week, Cytelligence's John Walker, a presenter at ISMG's APT Summit in New York, explains why weak perimeter defenses are likely to blame.
As numerous attacks have demonstrated, two-factor authentication systems are not foolproof, says Ryan Lackey, a principal in the security practice at CloudFlare, who offers insights on how today's authentication systems must evolve.
Visa is working closely with U.S. banking institutions and retailers to enhance payments security and push the migration toward EMV, says the card brand's Eduardo Perez, a featured presenter at ISMG's Fraud Summit New York.
In addition to adopting the right IT security standards to mitigate advance persistent threats, organizations need to pick the right people to carry out those standards, says Jon Long, a featured speaker at ISMG's Global APT Defense Summit on Oct. 22.
"Cybercrime as a service" and the globalization of attacks are two of the trends noted by cyber-intelligence firm Group-IB in its third annual High-Tech Crime Report. Group-IB's Alexander Tushkanov explains the lessons that can be learned.
Data analytics is reshaping the way financial institutions detect fraud by helping them track customer behavior in real time, says FICO's Anant Nambiar, who'll be a featured presenter at ISMG's Fraud Summit New York on Oct. 21.
Knowing how to manipulate a hacker's cultural values could help thwart - or at least slow down - cyber-attacks, says Garet Moravec, a cybersecurity expert who'll speak at ISMG's Global APT Defense Summit on Oct. 22.
Emerging reports now suggest other financial institutions may have been targeted by the same hackers who breached Chase. But how can we be sure? Mark Clancy of the Depository Trust & Clearing Corp. explains why the analysis is challenging.
Nearly two weeks since news of Shellshock broke, attacks that are taking advantage of the Bash vulnerabilities are grabbing headlines. But Michael Smith of Akamai warns that the battle against hackers capitalizing on Shellshock could go on for years.
The development of authentication technologies that could replace the password is "nearing a tipping point," but there's still several years of work to do, says Jeremy Grant, who oversees the National Strategy for Trusted Identities in Cyberspace.
As researchers scramble to learn more about Shellshock and the risks it poses to operating systems, servers and devices, Michael Smith of Akamai explains why not all patches are actually fixing the problem.
In a wide-ranging interview, the acclaimed expert on cybersecurity strategy addresses the cyberthreat posed by ISIS and explains why Congress is unlikely to enact significant cybersecurity legislation this year.