Will the advent of faster payments in the U.S. open new doors for fraud? Business continuity and security are priorities for the Federal Reserve, says Marianne Crowe of the Boston Fed. But independent consultant Richard Party begs the question: Is the U.S. really ready?
Have you been the target or victim of ransomware-wielding attackers? The FBI wants individuals and businesses to report ransomware attacks to help it better pursue, disrupt and potentially arrest suspects.
The breach of porn site Brazzers - which allows users to swap fantasies in online forums - begs the question of how many users employed throwaway usernames and passwords. Some 1,446 U.S. military and 41 U.S. government email addresses were found in the data dump.
To the annals of super-bad historical mega breaches that no one knew about, add two new entries: Dropbox and Last.fm. Hackers reportedly stole tens of millions of usernames and passwords from each in 2012.
Banks need to develop customer authentication strategies that meet demand for strong security as well as convenience, says Mary Ann Miller of NICE Actimize, who describes emerging multifactor approaches in this video interview.
Unlike other malware, ransomware practically screams and shouts at victims, and that distinct behavior holds promise for helping to better detect and block ransomware infections, according to Northeastern University security researchers.
MacKeeper squared off with a 14-year-old over four videos he posted that criticized the anti-virus firm's marketing practices, warning the teenager that his parents could face steep legal fees and civil fines for alleged slander and libel.
As the Pokémon Go craze continues to take off, it's clear that when it comes to chasing virtual creatures through real-world locations, too many people fail to keep some common sense guidelines in mind.
MacKeeper failed to alert customers earlier this year that for at least four weeks, its anti-virus software wasn't receiving regular signature updates. Industry experts say any such delay is unacceptable for an AV vendor.
In the wake of recent SWIFT-related interbank payment heists, more banks are monitoring transactions for anomalous behavior in an attempt to catch fraud in real time, says Andrew Davies, a fraud prevention expert at core banking services provider Fiserv.
The FBI is warning U.S. businesses to beware of business email compromise scams focused not just on creating fraudulent wire transfers, but also stealing personally identifiable information. Experts, however, are criticizing the FBI's alert as being too little, too late.