Malware is increasingly sophisticated, and social media are the common new venues for attacks.
These are the headlines from the latest Cisco Annual Security Report. Patrick Peterson, Cisco senior fellow, offers highlights of the report, discussing:
Top trends and threats;
The risks to specific vertical...
The $60 million settlement announced by Heartland Payment Systems and Visa on Friday didn't come without some provisions (translated: strings attached) for those institutions thinking about taking the settlement offer.
Reports of ATM fraud incidents continue to rise.
Criminals hit ATMs in two states over the recent holidays to skim account numbers and PINs from customers in North Carolina and Florida, according to police.
Heartland Payment Systems announced today that it will pay Visa-branded credit and debit card issuers up to $60 million to cover losses incurred from the Heartland data breach. It is the largest known settlement amount ever paid to Visa as a result of a breach, eclipsing the TJX settlement of $40.9 million in November...
What are the new year's top trends in banking, payments and security?
Javelin Strategy & Research has just released its Top 10 Trends report for 2010. James Van Dyke, president of Javelin, discusses:
Top headlines from the new report;
Biggest threats to banks, payments and security;
The "next big thing" in...
2010 is the Chinese year of the tiger - a fitting image for banking/security leaders that must be vigilant against the information security threats that challenge financial institutions and their customers.
To prepare for this New Year, we've prepared a Banking/Security Agenda that looks at fraud, regulatory...