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.
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?
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.
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.
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.
While sophisticated cyberattacks and high-profile mega-breaches get most of the attention, European fraud experts say less sophisticated attacks are far more common and pose a greater fraud risk. At ISMG's Fraud Summit in London, they called for global collaboration to fight fraud.
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.
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.
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.
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.
NACS attorney Doug Kantor says small businesses are getting a raw deal from the card brands when it comes to expectations for EMV migration. The expense is too high, and the fraud-reduction benefits too low to make EMV worthwhile, he argues.