ATM fraud losses are increasing globally, and we can expect to see this trend continue as the U.S. ramps up its migration to EMV at the point of sale. Unattended terminals are easy to compromise, and they will always be among fraudsters' favorite targets.
FBI Director James Comey's declaration that the Obama administration will not pursue legislation to require vendors to create a backdoor that would permit law enforcement to circumvent encryption on mobile devices isn't the end of the matter.
Newly discovered breaches at E*Trade Financial and Dow Jones highlight hackers' increasing attempts to steal, sell and utilize personal information. Security experts describe PII's value for fraudsters and scammers and offer lessons learned from these and other incidents.
Dell's announcement that it plans to purchase storage maker EMC for a mind-boggling $67 billion does not make clear the fate of EMC's information security unit, RSA. Analysts believe Dell has not yet determined whether RSA fits into its long-term plans or should be sold or spun off.
Security researchers have demonstrated in a lab setting an information-stealing attack against Amazon Web Services users. But Amazon says its customers "using current software and following security best practices are not impacted by this situation."
Financial services firm E*Trade and publisher Dow Jones are separately warning their customers and subscribers that their personal information - and in some cases, payment card data - may have been compromised in a cyberattack campaign.
Three U.S. senators are demanding answers from Experian after it suffered a breach that exposed personal information for 15 million T-Mobile subscribers. They also have called for national breach notification and data security regulations.
As a result of Experian's data breach, 15 million T-Mobile subscribers are at risk from phishing attacks and fraud. But it's not clear what more T-Mobile can do to protect breach victims, says security specialist Mark James.
Discount brokerage firm Scottrade says hackers accessed its computer network and stole names and street addresses of millions of its clients. The firm says it learned of the intrusion from law enforcement officials.
Credit-rating provider Experian says a hack attack compromised a server storing sensitive personal information on millions of T-Mobile customers, including those requiring credit checks for service or device financing.
Reports that a Linux-based botnet has been lobbing 160 Gbps packet storms highlight how DDoS attacks remain alive and well. Experts also warn that DDoS attackers are mixing Windows and Linux malware and running extortion scams.
Even if China fails to live up to its promise to stop pilfering corporate trade secrets, as America's spy chief predicts, the U.S. could still benefit diplomatically from the two nations' cybersecurity agreement.
The commoditization of attack infrastructure and services in the cyber-criminal underground, and the low cost and ease of launching targeted attacks, are growing concerns that require new defense strategies, says Trend Micro's Raimund Genes.
The hotel chain bearing 2016 U.S. presidential candidate Donald Trump's name has confirmed that its point-of-sale systems were malware-infected for more than a year, but it's downplaying the possibility that card data was exfiltrated or used to commit fraud.