Within one day of the disclosure of the flaw known as Heartbleed, an attacker posing as an authorized user broke into a corporate computer system, exploiting the vulnerability in the OpenSSL protocol, the breach detection firm Mandiant says.
Ellen Richey of Visa, keynoter at the April 29 Fraud Summit San Francisco, outlines key card fraud-fighting trends for the year ahead, including the U.S.'s migration toward EMV, greater use of tokenization and heightened fraud detection.
The Royal Canadian Mounted Police have arrested and charged a 19-year-old London, Ontario, man for his alleged role in exploiting the Heartbleed vulnerability to steal data from the Canada Revenue Agency website.
Three years ago, trust on the Internet - or the lack thereof - focused, in part, on the faceless hacking groups such as Anonymous and LulzSec. Today, we have a face for this lack of trust, and it looks a lot like Uncle Sam and a Chinese Red Army cybersoldier.
Computer hardware retailer LaCie is notifying customers about a breach involving payment card data that went on for almost a year. A forensics investigation of the incident, which involved malware, is continuing.
In the wake of recent high-profile retail breaches, the PCI Security Standards Council is supporting a move toward chip card technology that conforms to the Europay, MasterCard, Visa Standard, says General Manager Bob Russo.
The indictment of nine alleged participants in a fraud scheme that involved infecting thousands of business computers with Zeus malware to steal millions of dollars shows that the malware remains a formidable ongoing threat.
Tech companies continue to respond to the Heartbleed vulnerability by issuing alerts and patches to mitigate potential data compromises. Learn the latest advice from Trend Micro and ICSA Labs, plus updates from Rackspace, Akamai and Bitcoin.
President Obama has reportedly decided that the government shouldn't exploit encryption flaws, such as Heartbleed, in most instances unless there's "a clear national security or law enforcement need." But how should that need be determined?