The FFIEC's Cybersecurity Assessment Tool is already being integrated into regulators' cybersecurity examinations, says Gartner analyst Avivah Litan. But the tool has so far led to more confusion than clarity, she says, and must be enhanced in 2016.
Four years after European criminals exploited EMV implementation vulnerabilities to steal an estimated $650,000, security experts say not all banks have adopted full fixes. But the payment card industry contends related mitigations are in place and working.
Adobe is warning Flash users to update their software immediately in the wake of zero-day attacks that can enable attackers to take full control of vulnerable systems. This year, Adobe has patched 316 bugs in Flash. Is it time for the plug-in to die?
In the wake of Juniper Networks finding "unauthorized code" in its firewall firmware that could be used to remotely access devices and encrypted communications, Cisco is reviewing its own code for signs of tampering. Will other vendors follow suit?
Global Payments Inc. plans to buy its smaller rival, Heartland Payment Systems Inc., for $4.3 billion. Both payment transaction processors have suffered massive data breaches, and industry observers are weighing in on whether the merged companies will successfully build a strong culture of security.
Australian police have raided the Sydney home of cryptographer and entrepreneur Craig Wright, who's been named as being the suspected creator of the bitcoin cryptocurrency. Has the real "Satoshi Nakamoto" finally been unmasked?
Amidst a perfect storm of circumstances, how will CISOs ensure that they remain relevant? Is outsourced security and MSSP dependence going to take over? Or are virtual CISO specialists going to rule the roost?
A possible settlement between MasterCard and Home Depot to compensate card issuers affected by the retailer's 2014 data breach has created confusion for some banks and credit unions, say attorneys representing institutions in a class action lawsuit.
As the U.S. moves toward faster payments, it must include new payments providers, such as Apple Pay and Square, as well as banks in all efforts to ensure security, says David Lott of the Federal Reserve Bank of Atlanta.
TalkTalk's confusion in the wake of its recent data breach, as well as mangling of technical details and failure to encrypt customer data, demonstrate the importance of having an incident-response plan ready in advance of any breach, experts say.
Reversing recent claims that it was unaware of any data breaches, hotel chain Hilton Worldwide now says it suffered a POS malware infection that affected an unspecified number of hotels, customers and payment cards in 2014 and 2015.
Attorneys general in nine states say card issuers should move to chip-and-PIN, rather than chip-and-signature, as they roll out EMV. But are other issues, such as wider use of encryption and tokenization, more worthy of attention?
Starwood Hotels and Resorts has confirmed a point-of-sale breach, but card issuers say they don't believe the Starwood breach is isolated, and that fraud patterns indicate that another, perhaps larger breach, is impacting cards across the country.
More than four years after the POS swap attack that struck 80 Michaels craft stores throughout the U.S., details about how the attackers pulled off their scheme have finally emerged. Read why one expert says this was a crime of cash, not cards.