British police have arrested a 15-year-old boy in connection with the suspected hack of TalkTalk. Security experts say that if a teenager was responsible, it's going to be difficult for the communications firm to prove that it takes customers' data security seriously.
The recent data breach at U.K.-based telecom company TalkTalk illustrates that breach risk mitigation is a critical issue worldwide. PCI's Jeremy King, who will be a featured speaker at ISMG's Fraud Summit London on Oct. 27, explains why European data security is getting more scrutiny.
Cloud Access Security Brokers are the flavor of the season in cloud security. The value proposition is immense - enabling the enterprise to extend and enforce policies beyond the perimeter effectively. Let's take a closer look.
European criminals combined cannibalized EMV chips from stolen cards with miniature microprocessors to build fake payment cards that defeated POS security checks, enabling them to steal as much as $680,000, French researchers say.
Attributing cybercrime to specific criminals is becoming increasingly critical, says Eward Driehuis of threat intelligence firm Fox-IT. Using the elusive Dridex campaign as an example, Driehuis explains in this video interview how many malware attacks are interconnected.
U.S. merchants that have not yet completed their migration to EMV should brace for upticks in chargebacks from international card issuers, says Gord Jameison, head of Canadian risk services for Visa, in a video interview.
A curious case of fraud has come to light at Kotak Mahindra Bank, where fraudsters misused credit cards that the bank says it never issued. What will investigations reveal about how fraudsters accessed this data? Who is liable?
Unprecedented levels of collaboration among targeted financial services firms enabled the international law enforcement operation that disrupted the Dridex botnet, security firm Fox-IT says. Now, can that model be repeated going forward?
Target - the nation's second-largest discount retailer and best-known data breach poster child - has begun issuing its house-brand REDcards with chip and PIN. The move comes as the majority of card issuers have opted for chip and signature, which some security experts warn is a weaker choice.
An international law enforcement operation - spearheaded by the U.S. FBI and U.K. National Crime Agency - has disrupted the notorious Dridex banking malware and phishing campaign, which has been tied to at least $40 million in losses worldwide.
Indian enterprises must strengthen their capabilities to secure Digital India. To combat emerging threats, security leaders prescribe a self-regulatory approach, rather than one driven by compliance mandates.
From the advent of the ATM to the introduction of EMV, banking institutions have seen a steady evolution of financial services - and fraud. Howard Trotman of BAE Systems Applied Intelligence discusses the fraud evolution.