A Turkish man who allegedly masterminded a string of quick-hit ATM "cash out" attacks - netting at least $55 million - has reportedly been extradited from Germany to New York to face related charges.
Those advocating the use of the ".bank" top-level domain argue that it offers better security than ".com." In part one of a two-part interview, Craig Schwartz of fTLD Registry Services and Doug Johnson of the ABA explain the security provisions.
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 FCC's new rule aimed at giving consumers the opportunity to opt out of voice and text alerts does offer exceptions for fraud alerts. But experts say the FCC's exemptions need more clarification.
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.
Chris Feeney, recently named president of BITS, the technology and policy division of the Financial Services Roundtable, describes his top cybersecurity priorities, including helping members deal with insider threats.
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.
Bank-owned digital payments network clearXchange is rolling out a real-time payments platform that will be available to 100 million online banking customers. Security experts weigh in on the fraud concerns.
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?
MasterCard's Oliver Manahan says merchants and issuers must embrace stronger cardholder authentication and security methods, such as biometrics and tokenization, to ensure payment card data is secure.
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.
A massive breach at the U.S. Office of Personnel Management wasn't discovered by government sleuths - or the Einstein DHS intrusion detection system - but rather during a product demo, a new report says.
Christophe Birkeland, CTO of malware analysis for Blue Coat Systems, was part of the team that discovered the Russia-targeting Inception campaign, and says the hunt for new APT attacks remains ongoing.
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