Banking institutions and merchants are fighting back against cyber-attacks by sharing information and assisting law enforcement investigations, says Julie Conroy of Aite, which has issued a report about account takeover and cyberfraud trends.
Mitigating card risks associated with retail malware attacks and POS vulnerabilities is a focus of updates to the PCI Data Security Standard, say Bob Russo and Troy Leach of the PCI Security Standards Council.
The Fraud Summit, to be held Oct. 22, will provide timely insights on top trends and strategies for mitigating risk. A keynote address will offer a close look at Chase Bank's anti-fraud strategies.
With the exploding use of mobile devices and BYOD, mobile apps represent a major new threat. This infographic reveals some surprising facts about malicious mobile apps, including where they come from, what they do and what other IT pros are thinking about them. Below are some key highlights:
73% of IT pros expect...
This infographic gives a quick visual representation of some of the key findings of recent Webroot research on web security in the U.S. and UK. As cybercriminals increasingly exploit vulnerabilities in mobile browsers and apps, companies with mobile workforces face new challenges in protecting users and critical data....
Version 3.0 of the Payment Card Industry Data Security Standard, to be released later this year, will include a focus on the standardization of compliance assessments, says Bob Russo of the PCI Security Standards Council.
International markets that have implemented EMV technology are seeing reductions in card fraud, but non-EMV markets are seeing dramatic upticks, says U.K.-based card fraud expert Neira Jones.
A malware attack that exploited a point-of-sale vulnerability of a select group of Kentucky and Southern Indiana retailers has now been linked to attacks against Schnuck Markets Inc. and four other merchants.
Version 3.0 of the PCI Data Security Standard is coming, and draft guidelines reflect the impact of recent retail breaches. PCI GM Bob Russo explains big changes to ensuring payment card security.
Because mobile payments are so new, banking institutions worldwide are still trying to understand which threats to address first, says payments fraud expert Neira Jones.
The malware attack that infiltrated Harbor Freight Tools' network could prove to be one of the biggest retail breaches this year, experts now say. Learn why card fraud linked to the attack is expected to grow.
Here's an argument for why recent indictments linked to what's been called the largest-ever card fraud scam won't deter fraud - and why improved security is a better deterrent.
How is one of the nation's top 20 bank holding companies fighting fraud? Find out directly from Matthew Speare, Senior Vice President of Information Technology for M&T Bank Corporation, as he spends an hour taking your questions about a variety of banking fraud topics, including:
Account takeover trends and the...
How were four Russians and a Ukrainian allegedly able to steal more than 160 million payment card numbers from corporate networks over seven years? An indictment announced by U.S. Attorney Paul J. Fishman provides details.
Federal authorities announced indictments this week in a massive fraud scheme involving 160 million payment cards. Here is a rundown on the businesses affected by those attacks, and the data that was compromised.
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