As banking customers migrate to mobile channels, criminals are developing inventive new ways to commit fraud. In a video interview, Peter Klimek of Kaspersky Lab addresses the changing threat landscape and ways to improve cybersecurity.
Fraudsters are increasingly using global brands, including Apple, to fool consumers into providing personal and financial information that can be used to compromise financial accounts. Experts offer insights on the latest trends and how to respond.
The group of hackers who recently claimed to have hacked the CIA director's personal email account now says it has breached an FBI information-sharing portal. So far, the group has released contact information for about 2,400 law enforcement users.
Distributed-denial-of-service attacks on banks are more powerful than ever, but we hear less about them than we did three years ago. How have attackers changed their tactics, and why should we be even more concerned about their strikes?
Buoyed by massive illicit profits, cybercriminals have continued to refine their ransomware attacks, including updating their crypto techniques to foil decryption tools, encrypting file names and threatening to leak stolen secrets.
In a video interview, Bob Carr of Heartland Payment Systems offers a frank assessment of missteps in the wake of the processor's landmark 2008 data breach, and he calls for widespread use of end-to-end encryption.
To avoid having their organizations exploited by teenage hackers, boards of directors worldwide need to get serious about security. Here are five lessons to be learned from the latest TalkTalk data breach.
The FFIEC has issued an alert calling on financial institutions to take specific risk mitigation steps in light of an increase in the frequency and severity of cyberattacks involving extortion. Fraud experts applaud the move while offering additional recommendations.
The quantity and duration of distributed denial-of-service attacks continue to increase. The latest attacks are being launched via MySQL servers infected with Chikdos malware, as well as compromised Internet-connected CCTV systems, researchers say.
Tinba, which has been linked to attacks in the U.S., Canada and Europe, is now targeting bank accounts in Russia, according to a new report from Dell SecureWorks. Researcher Brett Stone-Gross tells why Tinba is unusual and can be tough to detect.
U.S. convenience stores and gas stations should be braced for a new uptick in pay-at-the-pump skimming attacks. A recent rash of attacks in Post Falls, Idaho, illustrates exactly why this form of fraud is becoming such a costly concern.
As more banks and government agencies stop providing free BlackBerries to employees, the beleaguered smartphone manufacturer is attempting to reboot with the launch of its first Android smartphone, dubbed Priv for privacy.
As U.S. financial institutions migrate to EMV, ACH and wire fraud is increasing, along with fraud tied to checking, says Mannie Da Silva of Fiserv. In a video interview, he discusses how banks can leverage new technologies, best practices and customer behavior data to stay a step ahead of fraudsters.
Even though the U.S. is migrating to the EMV chip, Visa is still stressing the need for merchants to comply with the PCI Data Security Standard, says Eduardo Perez, the card brand's senior vice president of payment risk, in this video interview.