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.
Privacy attorney Ron Raether challenges a commission's recent recommendation that the government should support companies that use the hack-back approach to mitigating the theft of intellectual property.
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?
What can U.S. and European organizations learn from Asia-Pac about advanced mobile tech and increasing cyberthreats? That's a question I hope to answer while in Singapore for RSA Conference Asia Pacific 2013.
A result of recent DDoS attacks targeting American banks and the lackluster OpUSA campaign against the federal government has been improved sharing of threat information, former DHS cybersecurity leader Mark Weatherford says.
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.
Gov. Andrew Cuomo says policyholders' health, financial and personally identifiable information stored by insurers could be the next big target of hackers, so the state is seeking cyber-protection information from top insurers it regulates.
Authorities have shuttered a digital currency service allegedly used to launder funds stolen in a $45 million ATM cash-out scheme exposed earlier this month. Learn why experts say lax laws paved the way for the fraud.
In this week's breach roundup, read about the latest incidents, including a hacker pleading guilty for his role in the 2011 breach of Strategic Forecasting Inc., a global intelligence firm, that affected about 860,000 individuals.
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.
The Obama administration is intensifying efforts to get the Chinese government to stop hacking activities following a report that designs for many of the nation's most sensitive advanced weapons systems have been compromised by Chinese hackers.
A Department of Homeland Security system used to conduct background checks has been exposing personally identifiable information of employees and contractors since July 2009. DHS says the vulnerability has been fixed.
Democratic lawmakers issue a report contending electric utilities are constantly under cyber-attack, but Republicans respond those attacks target web portals and not the distribution system. Where's the truth?
A variation of hack-back - in which a victim of a cyber-attack assaults the assailant's computer or network - could be used to mitigate the theft of intellectual property, according to the Commission on the Theft of American Intellectual Property.