Visa has agreed to increase the reimbursement paid to banking institutions that must reissue cards in the wake of a merchant breach. Now the smaller card issuers, such as community banks, are getting paid the most.
The IT security industry must do a much better job of persuading young people with the requisite math and science skills to join the cybersecurity workforce rather than choose another profession, says David Shearer of (ISC)Â².
In the wake of the breaches suffered by JPMorgan Chase, Sony and Anthem, attack attribution and information sharing are playing more prominent roles for banking leaders, and they will be key discussion points at the upcoming RSA Conference 2015 in San Francisco.
Weaponized roller coasters? Kidnappers hacking babycams? Forget over-the-top "CSI: Cyber" hacking plots. The hackers behind the Rogers ISP breach, in their quest for bitcoins, claim they wielded nothing more serious than a telephone call.
Like the Target breach a year ago, the Sony Pictures Entertainment hack that's grabbed recent headlines will prove to be a catalyst for change, grabbing the attention of CEOs and board members and spurring them to beef up information security.
Luxury retailer Neiman Marcus is searching for its first CISO following the company's major data breach last year. Security experts weigh in on the attributes of ideal candidates and offer advice for how they should tackle the job.