Card-not-present fraud will cost retailers worldwide $130 billion between 2018 and 2023, a new report from Juniper Research predicts. Steffen Sorrell, author of the study, explains the reasons behind this growth projection and describes what can be done to improve the fight against fraud.
It's good to be legal, according to Brett Johnson, formerly America's most wanted cybercriminal, as he reflects on a year of his experiences speaking at ISMG Summits.
Mastercard has launched a "fusion center" designed to increase its speed of response and coordination among departments in the event of a cyberattack, says CSO Ron Green, who explains the initiative.
Leading the latest edition of the ISMG Security Report: Microsoft's Joram Borenstein highlights his top three areas of focus for 2019. Plus, Randy Vanderhoof of the US Payments Forum on securing card transactions in the coming year.
What's ahead for the cybersecurity landscape in 2019? We've received many lists of predictions from vendors and analysts for next year, and we've picked out five of the most interesting ones.
Account takeover is a rapidly growing arena for cybercriminals. How can organizations strengthen both authentication and authorization? Scott Olson of iovation, a TransUnion Company shares his insights.
Although CERT-In says the hacking of Indian websites declined dramatically this year, based on reports it has received, some security experts argue that many hacking and other cybercrime incidents are never reported.
Is there anything better than being offered one year of "free" identity theft monitoring? Regularly offered with strings attached by organizations that mishandled your personal details, the efficacy and use of such services looks set for a U.S. Government Accountability Office review.
The 10th annual IRISSCERT Cyber Crime Conference, to be held Thursday in Dublin, promises to round up crime trends and also offer updates on incident response lessons learned, spam fighting and even cybersecurity essentials for children.
What security steps does India need to take as it continues its shift to digital payments? Nitin Bhatnagar, the new associate director for India for the PCI Security Standards Council, offers insights.
Over the past year, there's been a surge in so-called Magecart attacks, which involve payment card data being stolen from e-commerce sites via injected attack code. Researchers say they are tracing at least six active Magecart groups, each with unique infrastructure, skimmers and targeting.
Pakistan says the nation's banks have not been hacked, but adds that they are taking defensive steps after nearly 20,000 payment card details appeared for sale online. The State Bank of Pakistan says banks are implementing restrictions on international transactions.
The social media giant Facebook is taking steps to be more transparent about its content policies and its efforts to curb fake news in advance of India's upcoming elections. But it's still got a lot of work to do.
British Airways has discovered that hackers compromised payment card data and personal details for 185,000 more customers than it had originally suspected and that its systems were first breached not in August, but April. The airline now counts 429,000 data breach victims.
The Reserve Bank of India's new guidelines on interoperability of prepaid payment instruments will lead to better management of cybersecurity and security audits. But many questions are yet to be answered.
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