Identity fraud is one of consumers' most feared crimes, and at banks those schemes translate into application fraud. FICO's Adam Davies discusses today's common application fraud scams and how to stop them.
A new Bitcoin advisory issued by the Consumer Financial Protection Bureau should prompt financial institutions to talk with their banking customers about the risks associated with virtual currencies.
Spear phishing attacks are increasingly sophisticated. Banking institutions must learn more about how fraudsters dupe one's customers and employees, says a panel of three financial fraud experts.
No question, the information security community - and all of us at ISMG -- lost a friend with the untimely death of Terry Austin, CEO and President of Guardian Analytics.
Researcher Joxean Koret says he's cataloged local and remote vulnerabilities in 14 antivirus applications, many of which have since been patched. But shouldn't the vendors have spotted them first?
Solutionary is out with its quarterly threat intelligence report. Topping the list: the exploitability of the Heartbleed bug, and the current malware trends. Rob Kraus teases the report's highlights.
No single security solution is enough to defend against today's multifaceted exploits. So it's time for a new holistic and cooperative approach to information security, says Bob Hansmann of Websense.
IT security expert Bruce Schneier, now the chief technologist at an incident response provider, sees tools that help enterprises respond to a data breach being used for other unexpected events.
Learn the top techniques for defending against ransomware attacks that encrypt stored data and demand a payoff to unlock PCs, servers, storage devices and smart phones.
Expect every new warning of cybercrime attacks, online espionage or the malware du jour to be slickly marketed, with the announcements carefully timed. But is this bad for either the information security community or attackers' victims?
The PCI Council has unveiled new guidance for mitigating payment card risks posed by third parties. Troy Leach, the council's CTO, explains how banking institutions and merchants can put the guidance to use.
To honor our loyal readers, and to invite even more of their comments, we're debuting a new, weekly infographic entitled ISMG Buzz, in which we offer a "best of" compilation of the latest insights.
The hacker community can be a cynical crowd, or perhaps a realistic one, that tries to make the best of the threats confronting society. CISO Dan Geer, for example, prefers to hire security folks who are, more than anything else, sadder but wiser.
Cybersecurity researchers at the Georgia Tech Research Institute are developing a tool known as BlackForest that amasses information from the Internet to give organizations an early warning of a pending cyber-attack.
Peruse the agenda for the Black Hat security conference that's being held this week in Las Vegas and you'll get a peek at some of the major cybersecurity challenges ahead - and potential solutions.
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