Card-not-present fraud will cost retailers worldwide $130 billion between 2018 and 2023, a new report from Juniper Research predicts. Steffen Sorrell, author of the study, explains the reasons behind this growth projection and describes what can be done to improve the fight against fraud.
Hundreds of members of the German parliament, Chancellor Angela Merkel as well as numerous local celebrities have had their personal details and communications stolen and leaked online as part of what authorities are calling an attack on the country's democracy and institutions.
The notorious hacker gang The Dark Overlord continues its blackmail efforts, turning its hand to 9/11 conspiracy theories to try to sell stolen insurance documents. The group's latest media blitz attempts to pressure victims that it has so far failed to extort.
With an operating system that's used by 90 percent of Fortune 500 companies, Microsoft closely monitors cyberattack trends. Joram Borenstein, general manager of Microsoft's Cybersecurity Solutions Group, discusses his top three concerns for 2019.
Fraud detection requires an omnichannel approach to behavioral analysis that involves monitoring users' access to networks via the web, mobile, a call center or other channels, says Shai Cohen, a vice president at RSA.
Production of newspapers owned by Chicago-based Tribune Publishing was disrupted after malware began infecting the company's publishing and printing systems. Tribune newspapers report that they appear to have been hit by crypto-locking Ryuk ransomware.
Don't rush to blame the printing outage at newspapers owned by Tribune Publishing on anything more than an organization failing to block a malware outbreak. And even if it does prove to be a Ryuk ransomware attack, there's no proof yet that any particular nation-state is behind the campaign, experts warn.
Personal information for 1,000 North Korean defectors, including their names and addresses, has been stolen via a malware attack, officials in South Korea warn. They've traced the leak to a malware infection at a refugee resettlement center, and say police continue to investigate.
Mark Karpeles, the former head of hacked Tokyo-based bitcoin exchange Mt. Gox, has continued to maintain his innocence during the closing arguments in an embezzlement trial against him, Japanese local media report. Prosecutors are seeking a 10-year prison sentence for the French national.
In the wake of Equifax and other major breaches, sophisticated fraudsters are finding success as never before. Al Pascual of Javelin Strategy and Research discusses how identity impersonation is manifesting.
Leading the latest edition of the ISMG Security Report: Microsoft's Joram Borenstein highlights his top three areas of focus for 2019. Plus, Randy Vanderhoof of the US Payments Forum on securing card transactions in the coming year.