Dow Jones has dismissed a competitor's report, which claims that attackers operating from Russia hacked into the company's servers and stole sensitive financial information for insider-trading purposes.
U.S. merchants that have not yet completed their migration to EMV should brace for upticks in chargebacks from international card issuers, says Gord Jameison, head of Canadian risk services for Visa, in a video interview.
ATM fraud losses are increasing globally, and we can expect to see this trend continue as the U.S. ramps up its migration to EMV at the point of sale. Unattended terminals are easy to compromise, and they will always be among fraudsters' favorite targets.
Unprecedented levels of collaboration among targeted financial services firms enabled the international law enforcement operation that disrupted the Dridex botnet, security firm Fox-IT says. Now, can that model be repeated going forward?
FBI Director James Comey's declaration that the Obama administration will not pursue legislation to require vendors to create a backdoor that would permit law enforcement to circumvent encryption on mobile devices isn't the end of the matter.
Target - the nation's second-largest discount retailer and best-known data breach poster child - has begun issuing its house-brand REDcards with chip and PIN. The move comes as the majority of card issuers have opted for chip and signature, which some security experts warn is a weaker choice.
An international law enforcement operation - spearheaded by the U.S. FBI and U.K. National Crime Agency - has disrupted the notorious Dridex banking malware and phishing campaign, which has been tied to at least $40 million in losses worldwide.
Newly discovered breaches at E*Trade Financial and Dow Jones highlight hackers' increasing attempts to steal, sell and utilize personal information. Security experts describe PII's value for fraudsters and scammers and offer lessons learned from these and other incidents.
Dell's announcement that it plans to purchase storage maker EMC for a mind-boggling $67 billion does not make clear the fate of EMC's information security unit, RSA. Analysts believe Dell has not yet determined whether RSA fits into its long-term plans or should be sold or spun off.
Security researchers have demonstrated in a lab setting an information-stealing attack against Amazon Web Services users. But Amazon says its customers "using current software and following security best practices are not impacted by this situation."
Financial services firm E*Trade and publisher Dow Jones are separately warning their customers and subscribers that their personal information - and in some cases, payment card data - may have been compromised in a cyberattack campaign.
Three U.S. senators are demanding answers from Experian after it suffered a breach that exposed personal information for 15 million T-Mobile subscribers. They also have called for national breach notification and data security regulations.
With organizations increasingly moving to the cloud, more security professionals are needed to help secure those environments as well as manage incident response. Cloud forensics expert Neha Thethi outlines must-have skills, qualifications and certifications.