Will the advent of faster payments in the U.S. open new doors for fraud? Business continuity and security are priorities for the Federal Reserve, says Marianne Crowe of the Boston Fed. But independent consultant Richard Party begs the question: Is the U.S. really ready?
Russian hackers may think twice before traveling outside the country for a vacation in light of the arrest of alleged 2012 LinkedIn hacker "Yevgeniy N." by Czech police at a restaurant in Prague earlier this month.
Virtually every industry is prone to cyberattacks, online fraud and identity theft. For years' banks have secured online transactions for commercial accounts and private banking customers via multifactor authentication. Now through organizations like the NCSA and HIMSS, multifactor authentication may finally become...
In January, banks and other financial services companies based in New York may have to comply with tough new cybersecurity requirements. But some critics contend that the state's regulatory proposal is far too prescriptive, making it challenging for banking institutions, especially smaller ones, to comply.
Information security weaknesses that a watchdog agency found at the FDA are similar to those found at many healthcare organizations, some security experts say. But the FDA should be held to an even higher standard than the organizations that implement FDA-regulated drugs and devices, they argue.
Attackers have healthcare entities in their crosshairs, and their favorite targets are easily compromised credentials. Tracy Hulver of Synchronoss offers new ideas for how security leaders can better manage and secure identities.
In the wake of this week's rollout by NACHA, The Electronic Payments Association, of same-day ACH payments in the U.S., fraud departments at originating and receiving banks should be bracing for the new risks posed by faster payments, says NACHA's Jane Larimer, who offers insights on steps to take.
A recent incident involving a vendor using a Boston clinic employee's credentials to inappropriately access patient data via a regional health information exchange illustrates the potential risks involved as the use of HIEs continues to grow.
Have you been the target or victim of ransomware-wielding attackers? The FBI wants individuals and businesses to report ransomware attacks to help it better pursue, disrupt and potentially arrest suspects.
The breach of porn site Brazzers - which allows users to swap fantasies in online forums - begs the question of how many users employed throwaway usernames and passwords. Some 1,446 U.S. military and 41 U.S. government email addresses were found in the data dump.
To the annals of super-bad historical mega breaches that no one knew about, add two new entries: Dropbox and Last.fm. Hackers reportedly stole tens of millions of usernames and passwords from each in 2012.