Banking institutions and merchants are fighting back against cyber-attacks by sharing information and assisting law enforcement investigations, says Julie Conroy of Aite, which has issued a report about account takeover and cyberfraud trends.
Face-to-face and over-the-phone social-engineering schemes are increasingly used to perpetrate fraud, highlighting the need for more education and real-time transaction monitoring, says Gartner's Avivah Litan.
Knowledge-based authentication is no longer reliable, says fraud expert Avivah Litan, an analyst at Gartner. She explains why so-called behavioral authentication is the only reliable way to verify users.
Account takeover techniques are getting more sophisticated; new "account checkers" are helping hackers automate their processes. The trend is just one more reason why we need advanced forms of authentication.
The apparatchiks at the Kremlin think they're clever sorts with plans to replace computers with typewriters to prevent the American e-spies at the National Security Agency from hacking into Russian intelligence systems.
Angered over the Edward Snowden revelations, DEF CON says the feds should take a 'time-out' from this year's hackers' conference. But a top DHS cybersecurity policymaker says he's still invited to participate in a conclave panel discussion.