Losses linked to debit fraud now exceed losses connected to check fraud, according to a new survey by the American Bankers Association. How are banks responding to the threat?
One reason why encryption is not more broadly used in healthcare is that so many organizations lack an updated risk assessment that identifies the role the technology can play in improving security, says attorney Amy Leopard.
Bringing Your Own Device raises jitters among employers, who worry about exposing or losing sensitive data, and employees, who fret about their bosses spying on them. Despite these anxieties, the trend will continue because that's what people want.
IT security leaders rely on penetration testing to determine whether applications are secure. But penetration tests can't be a primary source of assurance, says Jeff Williams, co-founder of OWASP.
With the tardy addition of the Sutter Health breach, the U.S. tally of major healthcare information breaches now includes 385 incidents affecting more than 19 million individuals since September 2009.
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 recent breach that affected 24 million customers of Internet retailer Zappos.com should lead others to consider how much client information to store, says cybersecurity expert Fred H. Cate.
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.
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.
Zappos.com and its parent company Amazon.com face a class action lawsuit stemming from a recent data breach that affected more than 24 million customers.
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?
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?
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.
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