The FDIC this week removed its list of high-risk merchant categories from guidance related to third-party payment processors. Experts say pressure from merchants may have been the catalyst for the change.
A new handbook from the National Association of Corporate Directors, titled Cyber-Risk Oversight, offers five principles to guide boards of directors in helping their organizations address IT security threats.
A low-tech campaign combines phishing, small-footprint attack code and Android malware to topple banks' security defenses in Switzerland and three other nations. Will the campaign extend to U.S., U.K., and beyond?
Karl Schimmeck of the Securities Industry and Financial Markets Association won't discuss reports about the group's alleged backing of the formation of a cyberwar council, but says financial institutions must play a role in protecting critical infrastructure.
Key figures trusted with safeguarding the British financial services sector recently gathered in a subterranean London conference room to find better ways to secure banks against cyber-attackers. One key step? Managing supply chain risks.
As a customer, Delaware Chief Security Officer Elayne Starkey has seen the evolution of cloud computing over the past three years to a point where she has more sway over the security terms of cloud services contracts.
The 9/11 Commission, in its 10th anniversary report, cautions Americans and the U.S. government to treat cyberthreats more seriously than they did terrorist threats in the days and weeks before Sept. 11, 2001.
The EU Joint Cybercrime Action Taskforce pilot is set to coordinate cross-border investigations - across Europe, the United States and beyond - into cybercrime, including payment card fraud, DDoS attacks and malware rings.
A controversial U.K. "emergency" surveillance bill has become law, just seven days after being introduced to Parliament. But a privacy rights group has already promised to challenge the new law in court.