News reports of a suspected attack against JPMorgan Chase, and perhaps other banks, serve as an important reminder for financial institutions to ramp-up their security efforts, especially to guard against phishing attacks.
A Twitter chat featuring Gartner's Avivah Litan offered a lively discussion of numerous fraud-related issues, including card breaches, weak authentication and the need for mobile scrutiny. We'll host more chats soon.
Initial reports suggested that Russian hackers could behind an attack against JPMorgan Chase, and perhaps other U.S. banks. While it's still far from clear who the culprits are, experts discuss the potential hacking motivations of a nation-state.
Information Security Media Group recently hosted a Twitter chat on the latest fraud trends featuring analyst Avivah Litan, director of research at Gartner, Read the entire transcript of the #ISMGprotalk Twitter chat.
The Office of the Comptroller of the Currency has released revised guidance about what banking institutions should do to address risks associated with merchant processing. It's the latest call to action from regulators in the wake of card breaches.
More than 1,000 U.S. businesses have likely been infected by Backoff, a new point-of-sale malware linked to numerous remote-access attacks, according to an Aug. 22 advisory from the Department of Homeland Security.
Financial institutions feel the pain of recent retail breaches, and they seek new ways to secure payments and fight fraud. But how can security leaders influence changes within their own organizations?
As UPS Stores reveals that 51 of its locations were infected with POS malware, a restaurant in New Orleans confirms its POS system was breached using Backoff - malware about which federal authorities recently issued a warning. Experts offer analysis.
News about the existence of a new government leaker exposing national security documents shows that - even one year after Edward Snowden - organizations still don't have a handle on the insider threat.
ATM manufacturers Diebold and Wincor Nixdorf are laying the groundwork for a new industry group focused on thwarting ATM crime. While experts say the time is right for a group like this, it will need industrywide buy-in to be successful.
The widespread use of mobile devices and social media has fueled spear phishing by eroding the so-called perimeter that once shielded corporate networks, a panel of financial fraud experts says in part two of their discussion about spear phishing trends.