Visa Europe will launch in April a new mobile payments service to tokenize payment card data, enabling consumers to pay retailers with their smart phones and wearable devices. The move could pave the way for an Apple Pay rollout in Europe.
NACHA is already laying the groundwork that will help make the Federal Reserve's faster payment plan a reality while ensuring security and reducing fraud, says Jan Estep, NACHA's president and CEO, in an exclusive interview.
Manufacturers of PCs and mobile devices must end the practice of preloading "bloatware." Lenovo's experience with offering "free" adware shows the hidden security and performance tradeoffs buyers must endure.
A British/American intelligence team hacked Gemalto - the world's largest SIM manufacturer - and stole encryption keys that can be used to intercept and eavesdrop on cellular communication, according to a news report citing leaked documents.
Cybercrime is on the rise. To combat it, GTU is launching e-Raksha Research Centre - a public private partnership initiative. The spin-off is also aimed at growing the capacity of InfoSec professionals.
Is your organization running its anti-malware defenses properly? Don't be so sure. A new study finds that essential features built into anti-virus software are not always being used. From an information security standpoint, that's a serious problem.
Extradited Russian national Vladimir Drinkman, who's been charged with masterminding the largest-ever hack attack in U.S. history, this week pleaded not guilty in U.S. federal court to 11 charges relating to the theft of 160 million payment cards.
A team of hackers has been operating since at least 2001, wielding malware that even today is among the most advanced attack code to have ever been discovered, according to a new study. Security experts are debating whether the NSA could be involved.
As cybercrime grows, Section 66A of India's IT Act is under scrutiny of the court, government and security leaders. Some experts say it requires amendments to ensure correct interpretation and implementation.
In an exclusive interview, Sergey Golonvanov, a threat researcher at Kaspersky Lab, offers insights about the Russian cybercrime ring that over the weekend made headlines for defrauding banks of up to $1 billion.
The Anunak/Carbanak gang continues to rob financial services firms and retailers, in part with ATM malware. A new report says the cybercrime gang has stolen up to $1 billion from banks in Russia, the U.S. and beyond.
The White House Summit on Cybersecurity and Consumer Protection late last week served as the stage for more than a dozen companies and trade groups to announce new initiatives aimed at securing Internet transactions and payments and reducing fraud.
Experts agree that Section 66A of India's IT Act is not meant to violate anyone's right to free speech or lead to frivolous complaints based on annoyance. What's not clear is what kind of messages would be considered offensive, resulting in punishment.
The Anthem breach, which possibly started with a phishing campaign, is a prime example of how hackers are perfecting their schemes to target key employees who have access to valued information, says Dave Jevans of the Anti-Phishing Working Group.
As a result of the explosive growth in worldwide use of smart phones, mobile malware will play a much bigger role in fraud this year, predicts Daniel Cohen, a threat researcher for RSA, which just released its 2014 Cybercrime Roundup report.