Who's responsible for the 12 percent uptick in financial fraud losses absorbed by U.S. banks? The American Bankers Association points to retail breaches. But one observer thinks "the ABA has its head in the sand." Read other reactions to the ABA's fraud report.
Sometimes language barriers can be a good thing: Many malware-wielding cybercriminals have historically targeted users in North America and Europe over Japan, owing to linguistic challenges. But that's changing.
Law enforcement and intelligence agencies will have plenty of chances to snoop on criminals, terrorists and citizens even as communications vendors enable default encryption on mobile devices, a study from Harvard University says.
The founder and operator of Liberty Reserve - a notorious "underworld cyber-banking system" beloved by cybercriminals - has pleaded guilty in Manhattan federal court to laundering $250 million.
Mobility and IoT are acknowledged by security practitioners to be a whole different beast when it comes to management. MetricStream's French Caldwell says that GRC likewise needs to change its paradigm to accommodate this disruption.
Retailers have been at the center of high-profile breaches and an ongoing debate with banking institutions. But Brian Engle of the Retail Cyber Intelligence Sharing Center says cross-industry collaboration is helping retailers improve cybersecurity.
A new methodology for assessing whether a medical device cybersecurity issue is likely to pose a danger to patients should be available later this year, says cybersecurity researcher Billy Rios in this in-depth interview.
British bank HSBC warned customers on Jan. 29 that it's been defending itself against distributed denial-of-service attacks, just two days before a major U.K. tax deadline. Security experts say botnet-driven disruptions of U.K. sites have risen sharply.
All users of the OpenSSL crypto library should upgrade immediately to fix a serious flaw attackers could exploit to decrypt Web traffic, as well as for a fresh Logjam fix, security experts advise.
The U.S. government's intrusion detection and prevention program known as Einstein has limited ability to detect breaches of federal information systems, according to a new Government Accountability Office report.
Financial losses tied to fraud against bank accounts increased about 12 percent from 2012 to 2014, but banks are not to blame. To the contrary, the ABA argues that banks are actually making significant strides in their fraud prevention efforts.
Global restaurant chain Wendy's is investigating a suspected data breach following fraud patterns tied to credit and debit cards used at some of its locations. Two card issuers confirm that they've seen signs of related fraud in some U.S. regions.
Cybercriminals are in mourning after the shocking announcement from Oracle that it will deep-six its beloved Java Web browser plug-in technology, owing to browser makers failing to support "standards based" plug-ins.
Israel has reportedly foiled a "severe cyberattack" launched against the Israeli Electricity Authority. The malware attack doesn't appear to have resulted in any disruption to the country's power grid, but many government systems remain offline.
A successful startup is fueled by passion, speed and innovation - all enabled by technology. Not securing this technology layer from day one can therefore have expensive consequences later. IEEE's Diogo Mónica shares security insight for startups.
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