Interbank messaging service SWIFT will begin collecting and sharing anonymized attack information and offering incident-response services - backed by Fox-IT and BAE Systems - to help hacked banks. But will financial institutions buy in?
Security firms are warning that they've seen a spike in infections tied to a virulent strain of trojanized Android adware called Shedun - a.k.a. HummingBad - that can root smartphones, survive factory resets and earn cybercriminals big money.
Nationwide fast food chain Wendy's has revised from 300 to 1,025 the number of restaurants that suffered payment card compromises. Investigators say the breach was more severe than they first believed, and involved two separate waves of point-of-sale malware attacks.
Security vendors are issuing warnings about two new types of dangerous Mac malware - Eleanor and Keydnap - which serve as a reminder that it's not just Windows users coming under fire from malicious software developers and tricksters.
Forget the 2015 mega-breach, an ongoing FTC probe or multiple class-action lawsuits: A new leadership team wants to reboot infidelity-focused online dating website Ashley Madison, promising that this time they'll get security and privacy right.
The Government of India is yet to appoint a Cyber Appellate Tribunal chair - but powers and functions have been prescribed. Meanwhile, cases pile up, and critics wonder when this vital role will be filled.
Endpoint protection vendors compete fiercely for customers, and allegations of impropriety are common among rivals. The latest battle pits Sophos against Cylance. Whose version of the story is the truth?
Bank of the West's new approach to the insider threat is focused less on detection, more on preventing fraud in the first place. David Pollino tells why a "noisy" insider fraud program is more effective than covertly monitoring employee activity.
Ten years after the launch of the PCI Data Security Standards Council, the key to ensuring ongoing compliance with the PCI Data Security Standard is winning CEO buy-in worldwide, says Stephen Orfei, general manager of the council.
Now a Ukraine bank has reported suffering a $10 million hacker heist via fraudulent SWIFT transfers. Also hear about why attackers often use legitimate IT administrator tools, and organizations' growing use of deception technologies and strategies.
The need for PCI-DSS compliance is being embraced in Southeast Asia and the Middle East, with adoption of PCI standards increasing dramatically over the last five years, says Dharshan Shanthamurthy, CEO of SISA Information Security, who shares insights about why PCI adoption is likely to continue to grow.
Ukraine's central bank has confirmed that one of the country's banks fell victim to a fraudulent SWIFT heist in April. This latest such attack revelation should spur all SWIFT-using banks to assume they've been hacked, until proven otherwise.
While malware may be used for an initial attack, hackers quickly begin using tools to move around networks that often don't raise suspicion. Here's what to look out for to detect a "low and slow" attack.
In the wake of recent SWIFT-related interbank payment heists, more banks are monitoring transactions for anomalous behavior in an attempt to catch fraud in real time, says Andrew Davies, a fraud prevention expert at core banking services provider Fiserv.