There's often a dangerous trade-off made between convenience and security. That's illustrated no better than by a recent issue patched by Microsoft. It's an attack so devilishly smooth that it's a wonder hackers had not figured it out before.
While many banks and merchants in Britain, France and Germany have long complied with the PCI Data Security Standard, deregulation has led organizations in other European countries to start taking PCI compliance more seriously and use it for competitive advantage.
A recent interview about Hillary Clinton's email server controversy drew numerous comments, with respondents divided over whether users will devise ways to circumvent systems safeguards to do their jobs more effectively. Join the conversation.
How low will ransomware go? New malware - dubbed Ranscam - demands bitcoins to unlock files, but in reality they've already been deleted, researchers warn. As always when it comes to defending against ransomware, preparation pays.
Omni Hotels & Resorts is warning customers that for six months, hackers infiltrated its networks and used point-of-sale malware to steal payment card data. One security expert says more than 50,000 stolen cards have been sold by a hacker called JokerStash.
The release this week by the PCI Security Standards Council of a new PCI compliance resource for small merchants is being lauded by the banking and payments community. But how effective will the resource be at actually convincing merchants to move forward with PCI compliance?
Interbank messaging service SWIFT will begin collecting and sharing anonymized attack information and offering incident-response services - backed by Fox-IT and BAE Systems - to help hacked banks. But will financial institutions buy in?
Forget the 2015 mega-breach, an ongoing FTC probe or multiple class-action lawsuits: A new leadership team wants to reboot infidelity-focused online dating website Ashley Madison, promising that this time they'll get security and privacy right.
Endpoint protection vendors compete fiercely for customers, and allegations of impropriety are common among rivals. The latest battle pits Sophos against Cylance. Whose version of the story is the truth?
Ten years after the launch of the PCI Data Security Standards Council, the key to ensuring ongoing compliance with the PCI Data Security Standard is winning CEO buy-in worldwide, says Stephen Orfei, general manager of the council.
Now a Ukraine bank has reported suffering a $10 million hacker heist via fraudulent SWIFT transfers. Also hear about why attackers often use legitimate IT administrator tools, and organizations' growing use of deception technologies and strategies.
The need for PCI-DSS compliance is being embraced in Southeast Asia and the Middle East, with adoption of PCI standards increasing dramatically over the last five years, says Dharshan Shanthamurthy, CEO of SISA Information Security, who shares insights about why PCI adoption is likely to continue to grow.
Ukraine's central bank has confirmed that one of the country's banks fell victim to a fraudulent SWIFT heist in April. This latest such attack revelation should spur all SWIFT-using banks to assume they've been hacked, until proven otherwise.
In the wake of recent SWIFT-related interbank payment heists, more banks are monitoring transactions for anomalous behavior in an attempt to catch fraud in real time, says Andrew Davies, a fraud prevention expert at core banking services provider Fiserv.