Romanian authorities' detention this week of 25 suspects believed to be part of an international cybercrime ring could be linked to a $45 million ATM cash-out scheme dating back to December 2012, security experts say.
As the U.S. completes its payments migration to the EMV chip, merchants and card issuers should be bracing for an uptick in card-not-present fraud, says Carol Alexander, head of payment security at software provider CA Technologies.
A class-action suit filed by U.S. banks and credit unions that's pending against Target could prove fruitful for the banks and credit unions, says attorney Chris Pierson, chief security officer at invoicing and payments provider Viewpost.
Fraud risks associated with Apple Pay have raised new worries about mobile payments, says Steve Kenneally of the American Bankers Association. During the ABA's Risk Management Forum April 15-17, experts compared three mobile solutions.
High-profile security breaches globally have had a cascading effect on Indian organizations. Intel Security's Chris Young discusses how Indian security practitioners must shift to a resilient security model.
The Target breach was the hot topic for many RSA 2014 attendees, but Gartner's Avivah Litan was already talking about the next Target - a UK retailer that may have suffered a similar hack, exposing payment card data.
Experts debate the value of new PCI guidance for how businesses should use penetration testing to identify network vulnerabilities that could be exploited for malicious activity. Does the new advice go far enough?
While the Indian finance ministry has announced incentives for banks to curb cash transactions and encourage the use of payment cards, security experts caution CISOs about authentication and fraud risk.
Target Corp.'s pending settlement of a consumer class action lawsuit is more about public relations than compensating victims, some observers say. But will it have an impact on a pending suit filed by banks?
Apple has unveiled its long-awaited Apple Watch, which the company will begin shipping in nine countries on April 24. Security experts highlight the use of Bluetooth and Wi-Fi as potential security concerns and discuss other security-related issues.
NPCI's new unified payment interface for smartphones aims to simplify mobile money transfer through a single interface. But can it truly ensure a secure transaction through single-factor authentication?