The surge in data breaches has left millions of consumer records compromised. As a result, fraudsters have all they need to open bogus accounts, which cost banks huge losses linked to what Greg Shelton of LexisNexis Risk Solutions calls "sleeper fraud."
Too many security awareness and education programs fail because they're boring, says Lance Spitzner, research and community director for the SANS Institute's "Securing the Human" program. Read his suggested fixes.
As the unfolding investigation into the Paris attacks shows, just sharing threat-related data - without adding the crucial context that turns it into actionable intelligence - won't help organizations block attacks.
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.
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.
As U.S. merchants shore up physical point-of-sale security by upgrading their terminals to accept EMV chip cards, attackers are turning their aim toward new, unattended targets. Here's the latest on how to respond to "shimming" attacks.
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.
The annual Black Hat Europe conference this year once again brought together numerous information security aficionados in Amsterdam for the latest training and security insights. Here are visual highlights from the conference.
The massive cyberattacks that struck Chase and other leading U.S. financial services firms illustrate just how vulnerable larger institutions can be to cyber-attacks. They also show why organizations must encrypt customer data, says security and forensics expert Chuck Easttom.
As banking customers migrate to mobile channels, criminals are developing inventive new ways to commit fraud. In a video interview, Peter Klimek of Kaspersky Lab addresses the changing threat landscape and ways to improve cybersecurity.