More than 1,000 U.S. businesses have likely been infected by Backoff, a new point-of-sale malware linked to numerous remote-access attacks, according to an Aug. 22 advisory from the Department of Homeland Security.
Financial institutions feel the pain of recent retail breaches, and they seek new ways to secure payments and fight fraud. But how can security leaders influence changes within their own organizations?
As UPS Stores reveals that 51 of its locations were infected with POS malware, a restaurant in New Orleans confirms its POS system was breached using Backoff - malware about which federal authorities recently issued a warning. Experts offer analysis.
News about the existence of a new government leaker exposing national security documents shows that - even one year after Edward Snowden - organizations still don't have a handle on the insider threat.
ATM manufacturers Diebold and Wincor Nixdorf are laying the groundwork for a new industry group focused on thwarting ATM crime. While experts say the time is right for a group like this, it will need industrywide buy-in to be successful.
Visa's new intelligent analytics service aims to help gas stations reduce card. But experts say the service could reduce fraud for other merchants, too, and bridge the gap between the mag-stripe and EMV.
Identity fraud is one of consumers' most feared crimes, and at banks those schemes translate into application fraud. FICO's Adam Davies discusses today's common application fraud scams and how to stop them.