The hacker group Anonymous claims it's responsible for denial of service attacks on U.S. Justice Department websites after federal authorities shut down file-sharing websites, including Megaupload.com, and arrested some of its leaders.
The Europay, MasterCard, Visa standard, commonly used in most global markets, is coming to the U.S. The sooner issuers, acquirers and merchants initiate migrations, the better, says Stephanie Ericksen, head of authentication product integration at Visa.
The Europay, MasterCard, Visa standard, commonly used in most global markets, is coming to the U.S. The sooner issuers, acquirers and merchants initiate migrations, the better, says Stephanie Ericksen, head of authentication product integration at Visa.
Does the U.S. government's shuttering of the file-sharing website Megaupload.com show that new laws are not needed to battle intellectual property piracy? Brookings's Allan Friedman believes it does.
Recently discovered viruses, consisting of Trojans and other malware, at City College of San Francisco have stolen personal banking information and other data from perhaps tens of thousands of students, faculty and administrators, says John Rizzo, president of the board of trustees.
A legal dispute between a small merchant in Utah and its former payments processor has fueled a debate over contracts between merchants and acquirers. If successful, this case could spur contractual shifts that change the way card brands view liability after card breaches.
Improved collaboration and communication between small businesses and financial institutions is the first step toward improving online security, says Mark Patterson, an ACH fraud victim. What else would help?
Skimming is a global epidemic, experts say, and global fraud losses linked to skimming will grow in 2012. So how will retailers and financial institutions respond?
A group of Saudi Arabian hackers, identified as "Nightmare," conducted distributed denial-of-service attacks Jan. 16 against the Tel Aviv Stock Exchange and El Al, Israel's national carrier.
Symantec reportedly said a 2006 breach led to the theft of the source code to its flagship Norton security software, reversing its previous position that it had not been hacked.
Security managers need the heads up from non-IT executives before they dismiss employees, some of whom might seek payback for their sacking by pilfering data or sabotaging systems, Carnegie Mellon University's Dawn Cappelli and Mike Hanley say.
Online shoe and clothing retailer Zappos.com has issued an e-mail alert to more than 24 million customers regarding a newly-discovered data breach of an internal network.
Wikipedia.org founder Jimmy Wales pledges to shutter the online encyclopedia from midnight Tuesday to midnight Wednesday to protest anti-piracy legislation before Congress that he contends would threaten Internet freedom if enacted.
Cybersecurity Coordinator Howard Schmidt recognizes the need to battle online piracy to protect U.S. intellectual property but contends legislation before Congress to do just that would unacceptably curtail Internet freedom and increase cybersecurity risks.
People with good analytical backgrounds that understand regulatory compliance are in demand. Their counterparts - defenders of IT systems - will always be in demand.
"We need the tens of thousands that can manage those defenders and then we need 100,000 that are out there learning the trade, that are passionate...
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