Payments are getting faster, and so is payments fraud. A robust fraud management strategy focusing on strong authentication, customer education and scalable responses can be instrumental in minimizing payment fraud risk.
Equifax says it continues to field queries from U.S. lawmakers about the full extent of its massive 2017 data breach, which occurred after an attacker exploited its unpatched Apache Struts web application. Research finds that many more organizations are using unpatched Struts applications.
Security vendor ProtectWise says a series of operating mistakes has allowed it to gain insight into a group, believed to be affiliated with Chinese intelligence, that specializes in stealing code-signing certificates. The certificates allow for the signing of malware that's unlikely to raise security alarms.
Privacy regulations, user satisfaction concerns and the need to prevent data breaches are driving more organizations that must authenticate users to find "a better way of ensuring that people are who they are when they are accessing critical information," says Tony Smales, CEO of Forticode.
The Ashley Madison breach of 2015 quickly became one the most famous of the high-profile hacks. Three years later, CISO Matthew Maglieri discusses the breach recovery and what he refers to as "cybersecurity in a world of discretion."
Twitter has apologized after it discovered that it had been inadvertently storing users' passwords in plaintext in an internal log, potentially putting them at risk. Twitter has blamed a bug for the fault and recommends all users change their passwords immediately.
Over 55 percent of people will reuse passwords despite acknowledging the risks, says Amber Steel of LastPass. In the enterprise context, this bad behavior needs to be addressed without burdening employees with policies which could impact productivity, she says.
The pressure to meet compliance, and maintain and grow your customer base is intensified as the creativity of fintech offerings and customer expectations continue to rise. To effectively differentiate your offerings, your ability to deliver innovative, omni-channel services will be critical.
Ovum Research and Entrust Datacard experts discuss the transformation of identity and where it is headed.
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Real-world examples of how organizations are embracing mobile and cloud platforms.