Losses linked to retail breaches have fueled class action lawsuits on behalf of consumers. But Javelin's Al Pascual says banks are soon likely to take legal action, too, in breach cases that expose cards and lead to fraud.
A new report shows that large data breaches in all sectors last year in California mirror a problem that keeps happening at lots of healthcare entities across the country. Find out what that problem is.
New payments technology, such as mobile and emerging e-commerce transactions, is posing challenges for PCI compliance, says the Standards Council's Jeremy King. What are the greatest risks to card security?
Another organized cyber-attack and subsequent cash-out scheme illustrates increasing risks to the U.S. payments chain. One fraud expert says this trend "is of grave concern" for banking institutions and their accountholders.
How could global fraudsters steal $45 million from banking institutions without being detected or stopped? It was a process breakdown, not a technology failure, says fraud expert Avivah Litan of Gartner.
It isn't just a financial services issue. Organizations of all types are victimized by data security breaches and fraud schemes that compromise payment card data. What can be done to help ensure better security and PCI compliance?
When President Obama comes face to face with China's President Xi Jinping, don't expect the American commander in chief to present an ultimatum over Chinese cybersecurity assaults on critical U.S. IT systems.
Attacks aimed at mobile devices are progressing much more rapidly than any attacks ever waged against PCs. Organizations are in danger if they don't pay attention, says anti-phishing expert Dave Jevans.