The PCI Security Standards Council envisions a single, globally-unified data security standard. Now that the European Card Payment Association is a strategic regional member, that goal is significantly closer, says Jeremy King, the council's international director.
Vikrant Varshney of Risk Resources believes cyber threats are a concern of every individual, every organization who thought IT is just a system. A collaborative approach in building awareness is acute to fight this cyberwar, he says.
As ISMG's Data Breach Summit Asia 2016 in Bangalore wrapped up, security practitioners seemed excited to seek answers from experts on the challenges bothering them while putting a breach response plan in place.
Attackers have targeted an unknown number of Russia's 700 banks with bogus security-alert emails. The combination of official-looking infrastructure and digitally signed malware recalls the Anthem attack, among other campaigns.
In a lawsuit, two small merchants say they, and many other retailers, are unfairly being forced to pay fraud-related expenses as a result of the EMV liability shift even though they converted to EMV technology by the card brands' deadline. Fraud prevention experts analyze the implications of the case.
A new report suggests that a Chinese cyber espionage APT attack group is behind a string of targeted ransomware infections that have slammed U.S. firms. Dig into the details, however, and the report is nothing but speculation, two security experts caution.
Advanced attacks are out, while persistent, relatively simple attacks are in. Despite all of the APT hype in recent years, cybercriminals, and especially nation-state attackers, prefer to keep things simple. Information security experts explain why.
The FBI calls ransomware "a prevalent, increasing threat." One recent campaign earned at least $325 million in global profits, while U.S. victims tell the FBI they paid $24 million in ransoms in 2015. And attackers are plowing profits back into improving their malicious code.
Hackers stole $100 million from the Bangladesh Bank after apparently obtaining payment-transfer codes and moving the money overseas in what experts say appears to be one of the largest bank heists in history.
Because of growing cybersecurity concerns, CISOs in the financial sector finally are getting more time with their boards of directors and more direct interaction with senior executives, says John Carlson, chief of staff at the Financial Services Information Sharing and Analysis Center.
nullcon has made a name for itself with its forward-looking philosophy - "The Next Security Thing!" We take a look at some of the hot sessions and events slated to take place at the security marathon this year.
Mass targeted attacks often need a big event as the pivot to grab the prospective victims' attention. Using the example such of a phishing campaign, Symantec's Narang shares insight on how low awareness impacts the region.
Blockchain technology used by bitcoin and other cryptocurrencies offers opportunities for enhanced authentication and ID management, as well as cross-border money remittances, says Ben Knieff of the consultancy Aite. But he contends it's not clear that the technology could play a role in faster payments.