Target Corp. is providing $5 million to help fund an effort to educate consumers about the risks of cybercrime. Meanwhile, a group of House Democrats had called for a hearing about the retailer's breach, while two senators have demanded details.
While news of the NSA's data collection caught many off guard, it's just another example of the U.S. culture of surveillance, says sociologist William Staples, author of the book "Everyday Surveillance."
Training that's designed to help workers avoid clicking on links from spear-phishing e-mails may be ineffective because employees often fail to read training materials, says Eric Johnson, a Vanderbilt University professor who's co-author of a new study on the subject.
Michigan is deploying the Cyber Civilian Corps, a rapid response team that will assist the state and industries during a major cybersecurity incident. It will include volunteers from government, education and business.
Call center fraud is one of the leading threats that financial institutions will battle next year because fraudsters consider the centers to be an easy target. But what can be done to mitigate this threat?
In case you missed ISMG's 2013 Fraud Summit - or even if you were there and want to share insights with colleagues - I'm pleased to announce the availability of a series of session videos featuring top fraud experts.
U.S. Attorney Steve Wiggington says identity theft, especially linked to card skimming, is still the No. 1 fraud threat facing financial services institutions as well as consumers. He stresses information sharing is critical for fighting fraud.