Three Greek banks are the latest DDoS shakedown targets of online attackers, who demanded a payment of 20,000 bitcoins ($7.2 million) to cease their attempted banking site disruptions. Security experts say such attacks are on the rise.
The security of Internet-connected toys is in the limelight after toymaker VTech acknowledged suffering a data breach that affects 5 million accounts and personal information and photographs relating to more than 200,000 children.
As the U.S. moves toward faster payments, it must include new payments providers, such as Apple Pay and Square, as well as banks in all efforts to ensure security, says David Lott of the Federal Reserve Bank of Atlanta.
The FBI is pursuing a suspected Russian hacker who reportedly amassed a trove of 1.2 billion stolen online credentials, plus payment card data and Social Security numbers, and who's offered access to hacked Facebook and Twitter accounts.
Reversing recent claims that it was unaware of any data breaches, hotel chain Hilton Worldwide now says it suffered a POS malware infection that affected an unspecified number of hotels, customers and payment cards in 2014 and 2015.
Credit rating agency Moody's Corp. warns that cyber defenses as well as breach detection, prevention and response will be higher priorities in its analysis of the creditworthiness of companies across all sectors, including healthcare and financial services.
Dell is moving to patch a customer-support application preinstalled on many laptops and PCs after security researchers found that it installs a root certificate that could be abused by attackers to intercept private data.
Starwood Hotels and Resorts has confirmed a point-of-sale breach, but card issuers say they don't believe the Starwood breach is isolated, and that fraud patterns indicate that another, perhaps larger breach, is impacting cards across the country.
More than four years after the POS swap attack that struck 80 Michaels craft stores throughout the U.S., details about how the attackers pulled off their scheme have finally emerged. Read why one expert says this was a crime of cash, not cards.
Despite near-constant warnings from law enforcement officials and the information security community, too many organizations still aren't taking security seriously, experts warned at the Irish Cyber Crime Conference in Dublin.
Card-not-present fraud now outpaces card-present fraud in the U.S. by a ratio of 3:1, and is up 30 percent globally since 2014. Experts tell why ecommerce sites need to respond with stronger online authentication, tokenization and behavioral analytics.
The moment a successful defense is deployed, attackers find new ways to break into networks. In this video interview, Dr. Dale Meyerrose describes the damage wreaked by APTs and the strategies organizations can use to keep attackers at bay.
Among the top challenges to security leaders is turning a deluge of information into threat intelligence. To make that conversion, companies must identify and remediate the potential threats in their environments, says Ajay Nigam of BrightPoint Security.
In this video interview, former Equifax senior vice president Andy Smith examines the types of scams fraudsters are attempting in the wake of the US EMV liability shift, as well as the countermeasures financial institutions can take to derail them.