An important lesson to learn from the massive JPMorgan Chase breach is that banks can't just focus on protecting card data and online banking accounts; they also must protect their customers' personally identifiable information.
If JPMorgan Chase, which was considered one of the most secure organizations in the world, can be breached, then virtually all other banks likely are at risk, too. Experts explain why early detection and information sharing are key to mitigating threats.
As researchers scramble to learn more about Shellshock and the risks it poses to operating systems, servers and devices, Michael Smith of Akamai explains why not all patches are actually fixing the problem.
European financial services firms and law enforcement agencies have been stepping up their efforts to trade actionable intelligence and better defend themselves against emerging malware and fraud campaigns.
Banking institutions must mitigate all Shellshock vulnerabilities in their internal and customer-facing banking systems. Experts recommend beginning with automated and manual Bash-bug scanning, as well as educating customers about the risks.
When the new Apple Pay mobile payment system launches in October in the United States, it could help improve payment security. This infographic reviews the system's features and how to put them to use.
The social media savvy Islamic State frightens most of the world with its gruesome Internet postings of executions and online recruitment of new Jihadists. But is the terrorist group likely to launch cyber-attacks?
Security experts are warning that millions of systems - Apache servers, Linux and Mac systems, and innumerable Internet of Things devices - may be vulnerable to a flaw in Unix that attackers are already using to gain shell access.
The Modi government's "Jan Dhan Yojana" is ambitious, and security concerns are vast. Awareness, complexity and scope must be addressed, says Pervez Goiporia, vice president, IDM development, at Oracle India.
Financial institutions are starting to report fraud tied to the massive Home Depot payment card data breach. One card issuer calls the fraud ramp up "much greater than what we saw from Target, Michaels and Neiman Marcus."
Fraudsters continue to make inroads against financial institutions based in the United Kingdom - and beyond - because banks aren't working together to share information about the attacks they see, according to presenters at the London Fraud Summit.
Although malware attacks against POS terminals at retailers have been in the spotlight, banks and credit unions need to be aware of the emerging threat of malware targeting ATMs, say Trustwave's Matthew Jakubowski and Graham Mott of the U.K.'s ATM network.