A new precedent in ACH and wire fraud liability could be set if Choice Escrow is successful in its appeal to have a lower court's ruling overturned. Legal experts explain why this could prove to be the new benchmark.
Attacks aimed at mobile devices are progressing much more rapidly than any attacks ever waged against PCs. Organizations are in danger if they don't pay attention, says anti-phishing expert Dave Jevans.
Kaspersky Lab has identified a new spear-phishing attack involving a Trojan designed to target Android devices. Researcher Kurt Baumgartner says organizations need to be prepared for more mobile malware attacks.
E-mail authentication foils phishing, but authentication is only effective if every partner in the chain adopts it. John Carlson and Andrew Kennedy of BITS explain how institutions can improve e-mail practices.
The arrest of 10 individuals allegedly tied to a global phishing scheme that exploited Facebook is good news. But experts say banking institutions need to push stronger security and authentication to protect accounts.