NPCI's new unified payment interface for smartphones aims to simplify mobile money transfer through a single interface. But can it truly ensure a secure transaction through single-factor authentication?
Banking institutions' technical and procedural shortcomings pose increasing risks to the nation's critical infrastructure, two banking regulators note. Learn why they say more transaction monitoring and information sharing are needed.
New exploits linked to Apple Pay aren't compromising the mobile device's security, but instead are taking advantage of lax authentication practices used by banking institutions to verify cards that are loaded to the iPhone for Apple Pay purchases.
Security leaders expect the new Union budget to give a needed boost to cybersecurity education, as well as increased investment in critical infrastructure, biometrics and surveillance to fight cybercrime.
Authorities have disrupted a botnet that was serving up the Ramnit banking malware, which has infected 3 million PCs worldwide. But information security experts warn that the disruption will likely be temporary.
ITSERT's Rajan Raj Pant discusses the formation of ITSERT-NP to address Nepal's security challenges. How will the public-private partnership model be leveraged to create a central platform for cybersecurity?
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.