Using technology to devalue card data, and leveraging data analytics, are essential to efforts to crack down on fraud, Visa's Ellen Richey said in her keynote presentation at the San Francisco Fraud Summit.
Microsoft has issued a fix for the Internet Explorer bug, including an update for Windows XP users. The update repairs a vulnerability in the browser that could allow hackers to gain control of a user's computer.
Organizations across all industry sectors understand the importance of information security. But turning security awareness into meaningful action - that's the challenge that many midsized entities face, says Sophos' Nick Bray.
Scores of banking/security leaders gathered at the SF Fraud Summit to learn from the nation's leading experts on topics such as account takeover, big data analytics, insider risks and payment card fraud.
Faced with a vulnerability that exposes Microsoft's Internet Explorer Web browser to a zero-day exploit involved in recent targeted attacks, CISOs need to take prompt action, security specialists say. Learn the steps they recommend.
Saying the administration had no advanced knowledge of the Heartbleed bug, President Obama's top cyber adviser has outlined circumstances in which the government would not disclose software vulnerabilities, though such conditions would be rare.
Paul Kleinschnitz, general manager of payment processor First Data's cybersecurity solutions team, says there are plenty of technologies to address payment card security, but cyberthreat awareness is still lacking.
The recent Verizon Data Breach Investigation Report notes more than 16,000 incidents in the past year where sensitive information was unintentionally exposed. "Nearly every incident involves some element of human error," the report notes.
The fact that the U.S. federal government would, under some circumstances, exploit software vulnerabilities to attack cyber-adversaries didn't perturb a number of IT security providers attending the 2014 Infosecurity Europe conference in London.
Following news of a serious zero-day exploit impacting several versions of Internet Explorer, the Department of Homeland Security is urging the use of other Web browsers until the issue has been remediated.
The Consumer Bankers Association doesn't have an official stance on lawsuits that have been filed by banks against breached retailers, but the association's David Pommerehn says the CBA does support banks' rights to recover losses.