A new breach reported by Heartland Payment Systems won't get much attention. But this incident could be more damaging to the undisclosed number of consumers affected than was Heartland's 2008 payment card breach.
Wire fraud perpetrated via business email compromises has quickly become a top concern for banking institutions. Now one bank fraud executive predicts this type of fraud could exceed $1 billion this year.
It's no surprise that virus-wielding hackers are exploiting Internet of Things devices. Blame too many device manufacturers rushing products to market, skimping on secure development practices and failing to audit the third-party code they use.
Caffeine junkies are up in arms over reports that criminals have been targeting their Starbucks account balances. But the real story is poor password-picking practices by consumers, and Starbucks' lack of multi-factor authentication.
Attitudes about cyberthreat information sharing, as well as attack attribution, have dramatically changed in the last 18 months, says the FS-ISAC's Bill Nelson, a featured speaker at RSA Conference 2015.
While the Indian finance ministry has announced incentives for banks to curb cash transactions and encourage the use of payment cards, security experts caution CISOs about authentication and fraud risk.
An upcoming series of summits on fighting financial fraud and mitigating advanced persistent threats will provide timely insights from industry thought leaders on the critical steps to take to address emerging risks.
In the wake of an "inebriated" government employee crashing a drone on the White House lawn, federal officials sound warnings over the potential weaponization of consumer drones. But is it anything more than a Hollywood-style movie plot?
Emerging malware increasingly puts banks and their customers at risk for fraud. The sooner malware is detected and removed, the less likely banks are to suffer regulatory penalties and fines, and steep losses linked to fraud.
North Korean leader Kim Jong-un was set to star in a satirical video game, in which he battled the forces of imperialist oppression with the help of unicorns and narwals - until hackers apparently disrupted game development.
A recent blog post by Managing Editor Mathew J. Schwartz, "Why Are We So Stupid About Passwords?" raised a number of issues about the ongoing risks involved in using passwords for authentication. Read the strong reaction to the commentary and join the conversation.