Card-not-present fraud rates in the U.S. have not skyrocketed like some experts predicted in the wake of EMV, according to Visa. And Visa's Margaret Reid says that's likely because most large e-commerce merchants in the U.S. are using sophisticated fraud prevention tools that have so far kept fraud rates at bay.
Good news for Microsoft Windows users: The Equation Group exploit tools dumped this month by Shadow Brokers don't work against currently supported versions of Windows, largely thanks to patches Microsoft released in March. But who tipped off Microsoft?
Cyberattackers love not having to reinvent the wheel. At least, that's the tactic favored by the Callisto group, an "advanced threat actor" that's been using leaked Hacking Team spyware to infect targets, says security firm F-Secure.
Concern about privacy spurs consumers to work more closely with their banks, says Robert Zerby, vice president and financial crimes manager within the Community Banking Risk Management division at Wells Fargo Financial Crimes Risk Management.
An investigation into last year's attempted theft of $170 million at India's state-owned Union Bank has found strong similarities with the Bangladesh Central Bank heist, which was attributed to North Korea, and resulted in an $81 million loss.
Leading the latest version of the ISMG Security Report: A tale of how a dedicated manager spent her weekends monitoring video of ATMs led to the capture of a criminal skimmer. Also, the growing sophistication of cybercriminals.
When she first joined the Los Angeles County district attorney's office, Maria Ramirez prosecuted street gangs. Now she's cracking down on cyber gangs and is opening her case file to share lessons learned from cases involving business email compromise and ransomware.
The recent fix for a zero-day flaw in Microsoft Office appeared more than five months after Microsoft was privately alerted to the flaw, and followed months of it being exploited via in-the-wild attacks. Can Microsoft do better?
Mayra Koury wears a lot of hats at $2 billion Tech Credit Union in San Jose. One of them is fraud investigator. Hear how she single-handedly staked out the institution's ATMs and helped law enforcement catch a skimming fraudster in action.
Many media outlets have suggested that the recent arrest of a Russian computer programmer ties to the 2016 U.S. presidential election meddling blamed on Russia. But the only source for this supposed connection traces to a Russian propaganda arm that's been blamed for participating in said meddling.
Forty targets in 16 countries were attacked using advanced attack tools and techniques that match the capabilities documented via the "Vault 7" stash of alleged CIA network exploitation documents released by WikiLeaks, Symantec says.
MeitY has issued draft rules to develop a security framework for prepaid payment instruments following the government's drive toward cashless transaction. Security leaders offer suggestions on the essential security controls.
Spanish police arrested Russian computer programmer Pyotr Levashov, apparently while he was vacationing with his family. Authorities say his arrest relates to alleged Kelihos spam botnet and pump-and-dump stock campaigns, not to Russia's alleged interference in the 2016 U.S. presidential election.
A zero-day flaw in Microsoft Office is being targeted via in-the-wild attacks, security firms warn, including by the notorious Dridex botnet. While there is a workaround, Microsoft says it plans to issue a full fix this week as part of its regularly scheduled security updates.
Twitter has dropped a federal lawsuit that sought to quash an administrative summons, which the government subsequently withdrew, seeking records for an account that's critical of U.S. policy. It's one of many accounts suspected to have been created by disgruntled government employees.