"What happens in Vegas got 19 people busted," says Robert Siciliano, a McAfee consultant and ID theft expert, on the latest busts. "The fight against card fraud is beginning to look like the war on drugs."
In the wake of the Global Payments Inc. card breach, ID theft expert Neal O'Farrell says banks and credit unions must be proactive with outreach to customers. What should institutions' messages include?
While Microsoft's move to take down Zeus malware-related botnets is touted as a unique approach to fight financial fraud, some industry experts question its long-term viability. What are their concerns?
Hacking is behind most large-scale data breaches. What steps can organizations and leaders take to safeguard their information post-attack? Karen Barney of the Identity Theft Resource Center offers advice.
Everyone knows that banking is a key target for cyber criminals - that's where the money is. But traditionally it has been the big financial organizations that were the target. In 2010, smaller financial institutions became targets through account takeovers, attacks which caused a surge in stolen online banking...
Detectives have arrested seven suspects and seek 13 more in an ATM skimming investigation involving hundreds of credit and debit cards compromised in parts of Canada, the U.S., Australia and Indonesia.