The Latest News

  • GAO: Bank Risk Analysis Comes Up Short

    New Report Says Regulators Not Doing Enough GAO: Bank Risk Analysis Comes Up Short

    The Government Accountability Office says banking regulators are not adequately analyzing cyber-risks and calls for congressional action to ensure that all agencies have the same oversight authority. Read more...

  • Phishers Felled Bitcoin Exchange

    $5 Million Bitstamp Breach Detailed in Unconfirmed Report Phishers Felled Bitcoin Exchange

    An unconfirmed post-breach report for bitcoin exchange Bitstamp shows the organization was targeted by a sustained attack that combined phishing via email and Skype with macro malware to successfully steal almost 19,000 bitcoins, worth $5 million. Read more...

  • FFIEC Issues Cyber Assessment Tool

    Regulator: Tool to be Used in Cyber Exams in 2016 FFIEC Issues Cyber Assessment Tool
    Tim Segerson

    The FFIEC has released its much-anticipated Cybersecurity Assessment Tool. Hear why banking regulator Tim Segerson believes the tool is expected to be rolled into regulatory examinations by summer of 2016. Read more...

  • PCI Encryption Standard Updated

    How Optional Standard Can Ease PCI-DSS Compliance PCI Encryption Standard Updated
    Jeremy King, PCI Security Standards Council

    The PCI Security Standards Council has just released version 2 of its point-to-point encryption standard. Jeremy King of the PCI SSC explains how this optional standard can complement PCI-DSS compliance. Read more...

  • FBI: $18 Million in Ransomware Losses

    Ongoing CryptoWall Attacks Lead to Major Expenses FBI: $18 Million in Ransomware Losses

    U.S. businesses and consumers have reported experiencing more than $18 million in losses stemming from CryptoWall ransomware, the FBI warns. Security experts say ransomware's ease of use and low risk fuels the increasing numbers of attacks. Read more...

  • Article

    Experts Blast Encryption Backdoor Plan

    Cryptographers Say Effort to Help Law Enforcement Unfeasible By Eric Chabrow
    Experts Blast Encryption Backdoor Plan

    A dozen well-known cryptographers and information security specialists have published a paper explaining why they believe it's unfeasible to create a so-called "backdoor" to allow law enforcement to decrypt encoded information.

  • Article

    Spyware Vendor Alert: Suspend Software

    Hacking Team Warns Police, Government Users After Breach By Mathew J. Schwartz
    Spyware Vendor Alert: Suspend Software

    Italian surveillance software maker Hacking Team has confirmed that it was hacked and recommends police, law enforcement and government agencies suspend their use of its software, pending a full breach investigation.

  • Blog

    Can Selfies Fight Payment Card Fraud?

    MasterCard Tests Facial Recognition App By Mathew Schwartz
    Can Selfies Fight Payment Card Fraud?

    MasterCard is testing a smartphone app that lets users approve online transactions using facial recognition, via the equivalent of taking a selfie. But could such technology be spoofed, and will it reduce card fraud?

  • Article

    Cardinals Sack Employee After Hack

    FBI Still Investigating Houston Astros Database Breach By Mathew J. Schwartz
    Cardinals Sack Employee After Hack

    The St. Louis Cardinals baseball team has fired its scouting director amidst allegations that the team hacked into a database run by its rival Houston Astros team. A related investigation is ongoing.

  • Article

    Trump Hotels Investigates Hack Report

    Suspected Card Fraud Traced to Multiple Hotel Locations By Mathew J. Schwartz
    Trump Hotels Investigates Hack Report

    Trump Hotel Properties confirms it is investigating reports of card fraud tied to multiple hotels. Numerous hotels, restaurants and retailers continue to report breaches, stemming from POS malware infections.

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ARTICLE Alternative Cyber Info-Sharing Bill Circulates

The Senate Intelligence Committee could consider in the coming days new cyberthreat information...

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ARTICLE Alternative Cyber Info-Sharing Bill Circulates

The Senate Intelligence Committee could consider in the coming days new cyberthreat information...

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