Visa is working closely with U.S. banking institutions and retailers to enhance payments security and push the migration toward EMV, says the card brand's Eduardo Perez, a featured presenter at ISMG's Fraud Summit New York.
An FBI official on Oct. 20 said the hacks of JPMorgan Chase and other U.S. banks do not appear to have been in retribution for Western economic sanctions against Russia. But FBI investigators still have not determined who was behind the attacks.
Researchers demonstrate how ATMs could be hacked - without installing malware - by connecting a tiny computer to an inside port, bypassing the ATM's own computer and instructing the cash dispenser to begin issuing money.
Drawing on networking protocols designed to support NASA's interplanetary missions, two researchers have created a networking system that's designed to transmit information securely and reliably in even the worst conditions, such as in an Ebola hot zone.
While fraud-fighting experts are debating the long-term impact President Obama's "BuySecure Initiative" will have on speeding EMV adoption in the U.S., they agree the president is drawing attention to the need for stronger card security.
In addition to adopting the right IT security standards to mitigate advance persistent threats, organizations need to pick the right people to carry out those standards, says Jon Long, a featured speaker at ISMG's Global APT Defense Summit on Oct. 22.
Government intelligence agencies' information security offensive capabilities may far outstrip businesses' collective defenses, but organizations can still tap a variety of techniques to defend themselves against many types of intrusions.
In the wake of recent payment card breaches, President Obama is taking steps to speed the adoption of EMV cards. He's also calling on Congress to enact a national data breach notification law and announcing a White House summit on consumer cybersecurity.
Apps for wearable devices that are designed to track a user's pulse rate, blood-oxygen level or location may be leaking that data during transmission, Symantec security researcher Candid WÃ¼eest warns in a Black Hat Europe briefing.
"Cybercrime as a service" and the globalization of attacks are two of the trends noted by cyber-intelligence firm Group-IB in its third annual High-Tech Crime Report. Group-IB's Alexander Tushkanov explains the lessons that can be learned.
Disconnecting systems from the Internet via an "air gap" is supposed to make the data they store harder to steal. But at Black Hat Europe, cryptographer Adi Shamir demonstrated how a laser and drone can be used to bypass air gaps.
Heartbleed, Shellshock, targeted attacks - the security threats to banking institutions are legion. And there are new ways banks can get better at detecting these evolving threats, says Solutionary's Jeremy Nichols.
Security experts urge organizations to disable support for SSL on clients and servers because of flaws in the cryptographic protocol that could be used to impersonate website users and decrypt HTTPS traffic.