Community banking institutions are at great risk of cyber-attack because they often don't think they're targeted, says Scott McGillivray of Pacific Continental Bank, who describes how to convey this risk to senior management.
U.S. prosecutors are asking a judge to rescind his decision to provide a free defense for a Russian citizen who faces 40 charges relating to the alleged theft and sale of at least 2 million credit card numbers.
Target Corp.'s pending settlement of a consumer class action lawsuit is more about public relations than compensating victims, some observers say. But will it have an impact on a pending suit filed by banks?
As data breaches continue to multiply, employers must not overlook how intrusions could lead to the theft of employees' identities, paving the way for fraud, says ID theft expert Johnny May. He will keynote the March 24 Fraud Summit Atlanta.
A federal banking regulatory agency has issued a warning about a new phishing campaign that aims to con consumers into disclosing personal and financial details by feigning to be a request from the regulator.
When Todd Davis helped found LifeLock in 2005, ID fraud was a niche consumer issue. Today it's a major enterprise risk. What are today's top fraud threats, and where are some of the surprising security gaps?
More hackers are holding data for ransom, demanding everything from bitcoins to the shutdown of nuclear reactors, under the threat of leaking sensitive information. But it's not clear how many such attacks generate revenue for attackers.
A proposed national data breach notification bill to usurp 47 state statutes could make it easier for businesses to notify consumers of a breach. But is that worth weakening PII protections some states offer? Massachusetts plans to do battle.
Ransomware attacks are getting more agile, varied and widespread, and are increasingly taking aim at businesses of all sizes in all sectors, rather than consumers. That's why employee education is so critical.
Mattel will sell a cloud-connected $75 "Hello Barbie" doll that can "listen" to what kids are saying and talk back. But security experts warn that anything that connects to the Internet can - and will - be hacked.
Both Microsoft and Apple this week released patches to address the so-called "Freak" flaw in SSL/TLS. Microsoft also released a fix that addresses a failed 2010 patch for a vulnerability that was exploited by the Stuxnet malware.
A former customer service representative at Blue Cross Blue Shield of Michigan is among 11 individuals recently arrested in connection with an alleged identity theft scheme that resulted in hundreds of thousands of dollars in credit fraud.
When IT veteran Branden Spikes founded his own company devoted to isolating browsers from attacks, he thought building the technology would be the top challenge. The venture capital community proved him wrong.
A banking regulator's comments about the need for retailers to bear responsibility for card breaches are outdated. Merchants aren't to blame for our broken payments system. Rather than point fingers, regulators need to offer stronger leadership.
Apple has unveiled its long-awaited Apple Watch, which the company will begin shipping in nine countries on April 24. Security experts highlight the use of Bluetooth and Wi-Fi as potential security concerns and discuss other security-related issues.