Third-party risks and the Fed's plans for emerging payments will be highlighted at ISMG's Fraud Summit Chicago on May 14. How banking institutions and retailers are expected to respond to new risks posed by external parties will be a focus for our keynote panel.
Card breaches at retailers such as Target and Neiman Marcus will likely be catalysts for improved cyberthreat intelligence and information sharing across the banking and retail sectors, says Mike Braatz of ACI.
Police have withdrawn their allegation that a man arrested for fraud in Georgetown, Texas, also may have been involved in the Target Corp. data breach last December that impacted millions of customers.
"Security as a business enabler" was the mantra echoing through the recently concluded 2014 Infosecurity Europe conference in London, a message that should have been heeded by top executives at retailer Target last year.
A former systems administrator in the nuclear reactor department of an aircraft carrier is one of two individuals charged with hacking Navy computer systems and those at dozens of other government and commercial organizations.
On the day Target's CEO resigned in the aftermath of a massive data breach, the Ponemon Institute issued its 2014 Cost of Data Breach Study, which Chairman Larry Ponemon says helps explain why CEOs should be more involved in breach preparedness and response.
Individuals resort to lying about themselves to protect their identities when accessing systems in today's imperfect cyber world, says Peter Tapling, president of Authentify, an out-of-band authentication service.