In the wake of the JPMorgan Chase breach, which exposed personal information about millions of consumers and small businesses, banking leaders say they're increasingly concerned about cyber-attacks and geopolitical threats.
London police have arrested a suspect on charges that he participated in a series of ATM malware attacks that netted Â£1.6 million ($2.6 million) from 51 cash machines over a three-day holiday weekend in May.
Leading this week's industry news roundup, Intel introduces a solution that provides end-to-end encryption of consumer and financial data built into POS systems, while Arbor Networks launches Peakflow, a DDoS mitigation solution.
Security vendor Proofpoint warns that a "malvertising" campaign has been launching ransomware attacks against users of numerous high-profile websites, including search site Yahoo, dating site Match.com, and an AOL real estate site.
Target Corp. and several banking institutions continue to argue back and forth over the retailer's request to dismiss a consolidated class action lawsuit the institutions filed following the retailer's December 2013 data breach.
Apple CEO Tim Cook traveled to China in the wake of allegations that hackers are targeting Chinese iCloud users. The Chinese government has denied any involvement in the attacks, which can bypass the latest iPhone's stronger encryption.
Almost all versions of Windows are vulnerable to an OLE flaw that is being actively exploited in the wild. This is the second zero-day vulnerability tied to the so-called "Sandworm Team" of hackers, and no patch is yet available.
In his keynote address at the ISMG Fraud Summit New York on Oct. 21, PCI's Bob Russo predicts credit card fraud will significantly rise in the short term as EMV payment cards get rolled out in the United States. Find out why.
An FBI official on Oct. 20 said the hacks of JPMorgan Chase and other U.S. banks do not appear to have been in retribution for Western economic sanctions against Russia. But FBI investigators still have not determined who was behind the attacks.
Researchers demonstrate how ATMs could be hacked - without installing malware - by connecting a tiny computer to an inside port, bypassing the ATM's own computer and instructing the cash dispenser to begin issuing money.