Bob Carr, CEO of Heartland Payment Systems, contends that not enough progress has been made in improving payments security in the seven years since the processor experienced a massive breach. Find out why he argues that retailers and processors still have much more to do.
European criminals combined cannibalized EMV chips from stolen cards with miniature microprocessors to build fake payment cards that defeated POS security checks, enabling them to steal as much as $680,000, French researchers say.
The size of the information security analyst workforce in the United States rose by nearly 20 percent in the past year, according to an Information Security Media Group analysis of U.S. Bureau of Labor Statistics data.
Attributing cybercrime to specific criminals is becoming increasingly critical, says Eward Driehuis of threat intelligence firm Fox-IT. Using the elusive Dridex campaign as an example, Driehuis explains in this video interview how many malware attacks are interconnected.
U.S. merchants that have not yet completed their migration to EMV should brace for upticks in chargebacks from international card issuers, says Gord Jameison, head of Canadian risk services for Visa, in a video interview.
ATM fraud losses are increasing globally, and we can expect to see this trend continue as the U.S. ramps up its migration to EMV at the point of sale. Unattended terminals are easy to compromise, and they will always be among fraudsters' favorite targets.
Unprecedented levels of collaboration among targeted financial services firms enabled the international law enforcement operation that disrupted the Dridex botnet, security firm Fox-IT says. Now, can that model be repeated going forward?
By identifying abnormal data access behavior, machine learning systems could improve breach prevention and fraud detection in the healthcare arena and other sectors, contends artificial intelligence expert Robert Leithiser.
FBI Director James Comey's declaration that the Obama administration will not pursue legislation to require vendors to create a backdoor that would permit law enforcement to circumvent encryption on mobile devices isn't the end of the matter.
Target - the nation's second-largest discount retailer and best-known data breach poster child - has begun issuing its house-brand REDcards with chip and PIN. The move comes as the majority of card issuers have opted for chip and signature, which some security experts warn is a weaker choice.
An international law enforcement operation - spearheaded by the U.S. FBI and U.K. National Crime Agency - has disrupted the notorious Dridex banking malware and phishing campaign, which has been tied to at least $40 million in losses worldwide.
Indian enterprises must strengthen their capabilities to secure Digital India. To combat emerging threats, security leaders prescribe a self-regulatory approach, rather than one driven by compliance mandates.
Convenience store operators say they aren't going to be fully EMV compliant anytime soon - and it's not their fault. Learn what else they had to say about their security challenges at this week's NACS Show 2015 in Las Vegas.
An alert issued - and then yanked - by the FBI about fraud vulnerabilities linked to EMV chip cards is reigniting the debate between bankers and retailers over whether EMV in the U.S. should be chip-and-PIN or chip-and-signature.