A Reuters report claiming executives at SWIFT for years neglected the security of its messaging system has stirred debate among security and anti-fraud experts. Who should take the lead role for security of bank-to-bank transactions - SWIFT or its member banks?
Security spending - as a percentage of IT budgets - in recent years has been getting out of hand, says Chris Richter of Level 3 Communications, who offers suggestions for how to better keep costs under control.
Agari's John Wilson doesn't just fight email fraud schemes - he also is the occasional target. What have the fraudsters inadvertently taught him about their latest tactics? And how can these lessons help organizations to improve their defenses? Find out in this video interview.
USB devices and ports pose serious risks, and they aren't going away anytime soon. But researchers say they've developed a way to block malicious actions by USB devices to help prevent attacks such as "BadUSB."
Retailer Eddie Bauer is warning customers that their payment card data may have been compromised by point-of-sale malware during a six-month attack. The warning follows HEI Hotels & Resorts disclosing a 15-month malware attack affecting 20 locations.
Police have arrested an employee of U.K.-based accountancy and business software developer Sage Group after a data breach. Meanwhile, a report has emerged that some customers are using its software in an unsecured manner.
Organizations are increasingly centralizing their fraud programs. Why? To reap the benefits of having a unified fraud management team and a single strategy to detect and prevent fraud, says Genevieve Gimbert, a principal in PwC's financial crimes unit, in this video interview.
Hear ISMG editors untangle the various elements in the Shadow Brokers-Equation Group saga, evaluate a new anti-ransomware tool and reflect on the 10th anniversary of the PCI Security Standards Council in this edition of the ISMG Security Report.
Banks need to develop customer authentication strategies that meet demand for strong security as well as convenience, says Mary Ann Miller of NICE Actimize, who describes emerging multifactor approaches in this video interview.
Cybercriminals wielding Locky crypto-locking ransomware are ramping up their assaults, especially in the healthcare sector, according to FireEye. Attackers are distributing less banking malware and more ransomware, researchers say.
The Equation Group leak revealed a zero-day flaw in Cisco's firewall software - a patch is being prepped - as well as a vulnerability in Fortinet's software that's since been patched. Has the U.S. government long known about the flaws?
Sam Lodhi, director at niche services firm IBRS, speaks about adapting biological cybernetics to help management understand information security risk better and how cybernetics can be applied to other verticals.
SWIFT screwed up. That's the takeaway from a new report into the Brussels-based cooperative, which alleges that the organization overlooked serious concerns relating to smaller banks' security and the risks they posed to the health of its entire network.