MasterCard is testing a smartphone app that lets users approve online transactions using facial recognition, via the equivalent of taking a selfie. But could such technology be spoofed, and will it reduce card fraud?
An unconfirmed post-breach report for bitcoin exchange Bitstamp shows the organization was targeted by a sustained attack that combined phishing via email and Skype with macro malware to successfully steal almost 19,000 bitcoins, worth $5 million.
Trump Hotel Properties confirms it is investigating reports of card fraud tied to multiple hotels. Numerous hotels, restaurants and retailers continue to report breaches, stemming from POS malware infections.
Cisco announced plans to pay $635 million to purchase cloud security firm OpenDNS to better secure the "Internet of Everything." OpenDNS says the acquisition will leave its products and personnel intact.
Since 2010, incidents of medical ID theft have nearly doubled, according to research from the Medical Identity Fraud Alliance. MIFA's Ann Patterson tells how healthcare security leaders can reverse this trend.
European authorities say they have disrupted a Ukraine-based cybercrime gang tied to $2.2 million in fraud in Europe, the United States and beyond, perpetrated via banking Trojans, botnets and hacking-for-hire services.
Law enforcement officials in Europe plan to disrupt the use of social media to broadcast "terrorist and extremist propaganda," but security experts questioned whether such moves will blunt the recruitment of new ISIS fighters and so-called "jihadist brides."
The U.S. Office of Personnel Management breach continues to reveal such staggering levels of information security problems, paper-pushing and seeming incompetence that it's creating a new cyber-espionage category: the "victim-as-a-service" provider.
Sony's 2014 cyber-attack cleanup costs continue to mount. The company reports spending $35 million on remediation as of March, and costs will continue to mount, now that a judge has ruled that a class-action lawsuit by former employees can proceed.
Wipro has developed a fraud detection model for improved risk management using big data analytics. Can CISOs leverage it to reduce risk, enhance process efficiency and refine fraud detection algorithms?
Forget attributions of the German parliament malware outbreak to Russia, or Chancellor Angela Merkel's office being "ground zero." The real takeaway is the Bundestag's apparent lack of effective defenses or a breach-response plan.
Symantec has issued new warnings about a malware strain known as Poweliks, noting that this Trojan is being used in conjunction with ransomware. But security experts disagree over the severity of the threat.
An international police effort dubbed "Operation Triangle" has resulted in the arrest of 49 suspected members of a cybercrime group accused of launching phishing attacks to steal at least $6.7 million.