A flaw in how contactless cards from Visa - and potentially other issuers - have implemented the EMV protocol can be abused to bypass PIN verification for high-value transactions, ETH Zurich researchers warn. But Visa says the exploits would be "impractical for fraudsters to employ" in real-world attacks.
Diebold Nixdorf and NCR have issued patches for ATM software vulnerabilities that could enable a hacker with physical access to the devices to commit deposit forgery, according to the Carnegie Mellon University CERT Coordination Center.
Diebold Nixdorf, a major manufacturer of ATMs, has issued an alert about "jackpotting" or "cash-out" attacks that are draining cash from its machines in several European countries. What makes these attacks unusual?
To battle against a surge in cybercrime during the COVID-19 pandemic, enterprises need to take several steps, including periodic vulnerability and risk assessment tests and regular audits, says Rajan Pant, founder of IT-SERT of Nepal. Pant also is calling on the government to take action.
The notorious carder marketplace Joker's Stash is advertising a fresh batch of 400,00 stolen payment cards issued by both South Korea and U.S. banks, warns Group-IB. It says that on average, stolen APAC payment card data sells for five times more than stolen U.S. payment card data.
The RSA cybersecurity conference once again this year gathered tens of thousands of individuals to network and attend keynotes and briefings on topics ranging from election security and genomics to privacy and cybercrime. Here are 20 visual highlights from this year's event.
Nation-state attacks. SOC automation. Zero trust. Protection of critical infrastructure. These were some of the key themes that discussed at Information Security Media Group's recent Cybersecurity Summit in Delhi.
Who's surprised Chinese military hackers allegedly hacked Equifax? For a foreign power that continues to attempt to amass personal information on its adversaries, targeting a business that gets rich by buying and selling Americans' personal data remains an obvious play.
Facebook scientists have proposed using "radioactive data" watermarks to identify when online images get used to train neural networks. The proposal appears to be aimed at the rise of big data startups, such as Clearview AI, that are scraping publicly available photographs to create facial recognition tools.
Starting Jan. 1, State Bank of India will no longer accept magnetic stripe debit card transactions and will accept only EMV chip-based cards in compliance with an RBI mandate, which is designed to help prevent card fraud, including skimming and cloning.
The notorious Joker's Stash cybercrime marketplace, which specializes in selling stolen payment card data, has a new listing for 1.3 million credit and debit cards, almost all of which appear to have been issued by Indian banks, reports threat intelligence firm Group-IB.
A newly discovered remote access Trojan called Dtrack has been targeting banks in India for well over a year, Kaspersky researchers say. The malware, which can steal data from ATMs and doubles as a cyberespionage tool, appears to be linked to North Korea's Lazarus Group.
Jerald Ray, COO at SecureAge Technology in Singapore, sorts through the complexities of ensuring encryption is applied through every step of banking transactions.
Cybercrime is surging thanks, in part, to the availability of inexpensive hacking tools and services. A recent look by security firm Armour at black market offerings finds stolen payment card data, RDP credentials, ransomware and DDoS services are widely available for sale.
India has set a lofty goal of building its gross domestic product to $5 trillion by 2024, nearly double the current $2.8 trillion economy. If the cybersecurity sector can rapidly expand, it could play a role in fueling economic growth.
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