The latest victim of malware attacks against point-of-sale system vendor NEXTEP is foodservice management company Compass Group, which says payment card data for up to 70,000 users of self-service kiosks was exposed.
Laws rarely, if ever, keep up with technology, but even if they could, the consequences could prove more harmful than the benefits. That was evident at a House hearing that addressed default encryption of mobile devices.
As the U.S. completes its payments migration to the EMV chip, merchants and card issuers should be bracing for an uptick in card-not-present fraud, says Carol Alexander, head of payment security at software provider CA Technologies.
A class-action suit filed by U.S. banks and credit unions that's pending against Target could prove fruitful for the banks and credit unions, says attorney Chris Pierson, chief security officer at invoicing and payments provider Viewpost.
Attitudes about cyberthreat information sharing, as well as attack attribution, have dramatically changed in the last 18 months, says the FS-ISAC's Bill Nelson, a featured speaker at RSA Conference 2015.
Are you heading to RSA Conference 2015 in San Francisco? If so, be sure to connect with Information Security Media Group. We'll be out in full force on the Expo floor, as well as running a number of must-attend sessions and events.
Islamic State sympathizers are exploiting a vulnerability in a WorldPress Content Management System plug-in to deface the websites of news outlets, businesses, religious groups and governments in the U.S. and abroad, the FBI says.
New, advanced point-of-sale malware dubbed "Poseidon" can exfiltrate card data directly from every infected device. And security experts warn that too many retailers fail to test POS devices and segment networks to mitigate all malware threats.
The Target breach was the hot topic for many RSA 2014 attendees, but Gartner's Avivah Litan was already talking about the next Target - a UK retailer that may have suffered a similar hack, exposing payment card data.
Security experts advise banking institutions to take several steps, including enhancing authentication and ramping up commercial customer education, as a result of an increase in sophisticated online banking attacks involving a new variant of Dyre malware.