Small attacks aimed at merchants are proving the most fruitful for hackers, recent analysis from Verizon shows. But risk expert Wade Baker says there are steps banking institutions can take to respond.
Credit and debit fraud is growing, and that uptick is leading to the loss of customers for issuing banks. But a new global study finds consumers want to work more with institutions to detect and prevent fraud.
New malware attacks are targeting smart phones, and experts say banking institutions aren't doing enough to detect and prevent those attacks. So where should institutions focus their tech investments in 2013?
Accelerated interest in mobile payments is paving the way for new revenue streams. But Javelin's Alphonse Pascual says mobile security products, not payments technology, will reap the most rewards for banks.
Leaders at four security technology companies say the recent distributed-denial-of-service attacks against 10 U.S. banks highlight the need for new approaches to preventing and responding to online outages.
Gov. Nikki Haley realizes the potential political consequences of a breach, which explains why she held three press conferences on three consecutive days to address her administration's response to a computer breach of the state's tax IT system.