Many issuers of chip-based credit cards will likely allow U.S. consumers to complete transactions with a signature, not a PIN, which will limit the fraud protections offered by EMV cards, says Citizen Financial Group's Tim Webb.
Apple CEO Tim Cook traveled to China in the wake of allegations that hackers are targeting Chinese iCloud users. The Chinese government has denied any involvement in the attacks, which can bypass the latest iPhone's stronger encryption.
In the wake of a suspicious "technical" issue that took down part of Bank of England's payments network earlier this week, Cytelligence's John Walker, a presenter at ISMG's APT Summit in New York, explains why weak perimeter defenses are likely to blame.
Almost all versions of Windows are vulnerable to an OLE flaw that is being actively exploited in the wild. This is the second zero-day vulnerability tied to the so-called "Sandworm Team" of hackers, and no patch is yet available.
Visa is working closely with U.S. banking institutions and retailers to enhance payments security and push the migration toward EMV, says the card brand's Eduardo Perez, a featured presenter at ISMG's Fraud Summit New York.
An FBI official on Oct. 20 said the hacks of JPMorgan Chase and other U.S. banks do not appear to have been in retribution for Western economic sanctions against Russia. But FBI investigators still have not determined who was behind the attacks.
Researchers demonstrate how ATMs could be hacked - without installing malware - by connecting a tiny computer to an inside port, bypassing the ATM's own computer and instructing the cash dispenser to begin issuing money.
Drawing on networking protocols designed to support NASA's interplanetary missions, two researchers have created a networking system that's designed to transmit information securely and reliably in even the worst conditions, such as in an Ebola hot zone.
While fraud-fighting experts are debating the long-term impact President Obama's "BuySecure Initiative" will have on speeding EMV adoption in the U.S., they agree the president is drawing attention to the need for stronger card security.
In addition to adopting the right IT security standards to mitigate advance persistent threats, organizations need to pick the right people to carry out those standards, says Jon Long, a featured speaker at ISMG's Global APT Defense Summit on Oct. 22.
Government intelligence agencies' information security offensive capabilities may far outstrip businesses' collective defenses, but organizations can still tap a variety of techniques to defend themselves against many types of intrusions.
In the wake of recent payment card breaches, President Obama is taking steps to speed the adoption of EMV cards. He's also calling on Congress to enact a national data breach notification law and announcing a White House summit on consumer cybersecurity.
As border tensions between India and Pakistan heat up, security experts debate whether defacement of government information assets could lead to more serious attacks against India's cyber infrastructure.