The use of synthetic identities is a rising concern for organizations, and financial institutions are often the ones taking the hit for the fraud, says Claudel Chery of the U.S. Postal Inspection Service.
A ransomware campaign has targeted millions of bank clients in the U.K., and experts warn of a worldwide surge in attacks. They say banking institutions have to be diligent about informing customers of the risk.
Federal investigators announced five more arrests this week in connection with a $45 million ATM cash-out and prepaid card fraud scheme. Learn why experts expect these types of crimes to become even more common.
FS-ISAC has issued a white paper with tips on streamlining third-party software risk assessments. One member of a new working group explains why the adoption of standard security controls is so critical.
Attorneys discuss the significance of the 10-year prison sentence for hacker Jeremy Hammond, who pleaded guilty in connection with a 2011 breach of Stratfor, a global intelligence firm that provides services to the U.S. government.
Google has agreed to a $17 million settlement with 37 states and the District of Columbia over its unauthorized placement of cookies on computers using Apple Safari Web browsers, which the states claim was a privacy violation.
Financial institutions and businesses in other sectors must continually collect information about their online customers to ensure stronger authentication, says Avivah Litan, a fraud expert and analyst for the consultancy Gartner.
New payment card security standards issued by the PCI Council include a number of improvements, plus some glaring omissions, such as requirements for mobile, security experts say. What are their chief concerns?
Organizations must guard against making three common mistakes when conducting an investigation of a data breach or fraud incident, says attorney Kim Peretti, a former Department of Justice cybercrime prosecutor.
A recent ATM fraud scheme that targeted banks in three states illustrates just how sophisticated ATM attacks have become, experts say. Learn how fraudsters are increasingly keeping their skimming schemes concealed.
The National Institute of Standards and Technology continues to collaborate with the National Security Agency on its IT security guidance even as it investigates whether the spy agency meddled with one of its special publications.
A significant uptick in traffic linked to an Internet port known as "port zero" is likely among the first signs of a massive and targeted attack against remote servers and networks worldwide, one threat researcher says.