Mastercard says that starting in 2024, banks and other institutions that issue its credit and debit cards will no longer need to include a magnetic stripe on the back, and that by 2033, m
agnetic stripes will be extinct. Given magnetic stripes' many security downsides, what's taken so long?
Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
The Cybersecurity and Infrastructure Security Agency is warning organizations to immediately patch the ProxyShell vulnerabilities in Microsoft Exchange email servers because security researchers say ransomware gangs are exploiting these flaws.
The U.S. and Singapore have announced three agreements to expand their collaborative efforts - including shoring up information sharing, research and training - to address global cybersecurity issues.
Two large healthcare organizations - Memorial Health System in Ohio and University Medical Center of Southern Nevada - continue to mop up after recent cyberattacks apparently involving ransomware. The Ohio organization admits negotiating "a settlement" with attackers to obtain a decryptor.
The U.S. State Department reportedly recently sustained a cyber incident that prompted a notice to the Defense Department's Cyber Command. The report of the incident follows a congressional report that gave the State Department a "D" grade for its cybersecurity defenses.
Researchers at Mnemonics Labs have found a vulnerability in the server name indication, or SNI, of the TLS Client Hello extension. Exploitation could enable attackers to bypass the security protocol of many security products, leading to stealthy exfiltration of data, researchers say.
Australia's data regulator says organizations hit by ransomware may be underreporting data breaches because they haven't thoroughly figured out if data was taken. But an "absence of evidence" of a data breach in a ransomware attack isn't sufficient to declare that no data was taken.
To protect manufacturing operations and data, there are some important cybersecurity gaps to address. Cybersecurity company Lookout explains how to close the five most common security gaps in manufacturing, which are created as a result of digital transformation.
John "Chris" Inglis says one of his first priorities as national cyber director within the White House is focusing on issues of cyber resiliency. Battling ransomware and coordinating government responses with the private sector are also top issues he's tackling.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the evolution of fraud trends and the challenges in implementing the "zero trust" framework in the OT environment.
The World Bank has launched a cybersecurity fund for low- and middle-income nations to support public sector efforts to conduct cybersecurity maturity assessments, offer technical assistance and support training and staff development.
The latest edition of the ISMG Security Report features an analysis of the cybercrime-as-a-service model and how law enforcement could potentially disrupt it. Also featured: T-Mobile probes a massive data breach; tackling abuse in the workplace.
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