Was it a point-of-sale attack? A network breach? Or was it an inside job? Fraud experts disagree over the cause of the Target data breach, but they are united in how banking institutions should respond.
In this week's breach roundup, read about the latest incidents, including the sentencing of a hacker who modified his medical college entrance exam grades and a breach affecting Colorado state employees.
Target Corp. confirms that a network intrusion may have exposed approximately 40 million debit and credit accounts. An investigation of the national big box retailer's breach is under way.
The financial services industry is not collaborating effectively to address online payment risks, says Scott Dueweke of Booz Allen Hamilton, who offers insights on effective fraud-fighting steps.
A breach that apparently began on Black Friday may have exposed millions of credit and debit cards used to conduct transactions at Target retail stores, two major U.S. card issuers tell Information Security Media Group.
Most fraud on the Internet is linked to unsecured identities, which is why a new global identification framework is needed, says Paul Simmonds, who heads a coalition working on a framework model.
A combination of technical and managerial problems set the stage for hackers to breach a Department of Energy database last summer, a new report shows. The incident cost the department millions of dollars.
In this week's breach roundup, read about the latest incidents, including a malware attack that potentially affected 59,000 clients of the L.A. Gay & Lesbian Center, which offers healthcare and other services.
NSA Director Gen. Keith Alexander says the agency has taken 41 actions to prevent leaks by insiders in the wake of disclosures of classified documents about the agency's surveillance programs by former agency contractor Edward Snowden.
Receiving a notification letter about a data breach brings home the reality of just how common these incidents are - and how much prevention work, including encryption, still needs to be done.
Call center fraud is one of the leading threats that financial institutions will battle next year because fraudsters consider the centers to be an easy target. But what can be done to mitigate this threat?
A breach potentially affecting hundreds of thousands of individuals insured by Horizon Blue Cross Blue Shield of New Jersey offers more proof that physical security is no substitute for encryption.
The partial takedown of ZeroAccess, one of the world's largest botnets, is an example of the role that collaboration between business and law enforcement can play in battling cybercrime.
The theft of 2 million credentials reminds security professionals that their organizations are at risk because many employees use the same passwords and devices for personal and business purposes, data security lawyer Ronald Raether says.
Hackers have pilfered some 2 million user passwords and credentials for Facebook and other social media and Internet sites, according to IT security provider Trustwave. The hackers attacked computers in about 100 nations.
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