A U.S. District Judge has dismissed financial injury claims by nine financial institutions as a result of the 2009 Heartland Payment Systems data breach. But the judge did leave open one avenue for appeal.
The Department of Justice has indicted four Romanians for their alleged roles in a multimillion-dollar fraud scheme believed to have compromised hundreds of U.S. merchants and more than 80,000 U.S. consumers.
The Federal Deposit Insurance Corp. is warning its banks about another strand of phishing attacks purporting to come from the FDIC. The e-mails claim to offer critical information about business bank accounts.
Law enforcement officials say a New York crime ring defrauded TD Bank of more than $450,000 in a check fraud scheme. What loophole did the fraudsters find to run this scam, which went undetected for nearly two years?
Calif.-based grocer Save Mart confirms dozens of reports by employees and customers about account compromises linked to the merchant's recent breach. Are these incidents linked to a larger, organized crime ring?
Contra Costa County, Calif., has sent out notification letters to residents whose names were referenced in a public document posted to the county's website regarding debts owed to the Health Services Department.
It's a corporate account takeover scheme - with a twist. The scam involves money mules and distributed denial of service attacks. "This is an entirely different scenario," says Mike Smith of Akamai Technologies.
A card compromise at a California-based grocery chain has raised questions about the efficacy of PCI-DSS. Experts say even if merchants are compliant, fraudsters can easily get around the security measures.
Dan Waddell of Tantus Technologies says giving back to the community is every information security professional's responsibility. And with the insurgence of cybercrime affecting all walks of life, now is the ideal time to get started.
Bank of America, a pioneer in mobile banking, says mobile is hot, but it also opens financial institutions to unknown risks. What proactive steps should banks and credit unions take to ensure they're ready?
In addition to the negative publicity associated with being included on the federal tally of major health information breaches, some organizations are experiencing yet another impact of breaches: class action lawsuits.
Ongoing HIPAA compliance training is key to breach prevention, says Terrell Herzig of UAB Medicine. Yet many healthcare organizations are lacking in their efforts, according to results from the Healthcare Information Security Today survey.
Virtual Radiologic Professionals, LLC notified individuals about a stolen laptop taken from an employee's car. By corporate policy, the laptop's hard drive was supposed to be encrypted, but something went wrong.
To win support for information security spending, IT security professionals need to refine how they make their case to senior executives, says Christopher Paidhrin, security compliance officer at PeaceHealth Southwest Medical Center. Here's how.