Ellen Richey, Visa's chief enterprise risk officer, will offer a keynote address on payments security and fraud prevention at Information Security Media Group's Fraud Summit San Francisco on April 29.
Three more banks have filed a class-action lawsuit against Target and security firm Trustwave in the wake of the retailer's 2013 data breach. Meanwhile, two other banks have dropped their separate suit against the retailer and the vendor.
An analyst says two guilty pleas by defendants who played leading roles in an international account takeover and ATM cash-out scheme worth more than $15 million were not surprising because of the strong evidence in the case.
One of the two banks that filed a class action lawsuit against Target and Trustwave tied to the retailers' data breach last year has dismissed its claims. Three security experts offer an analysis.
Two suits against California's First Foundation Bank raise a number of questions about how to define reasonable security and how banks are expected to react when suspicious account activity occurs.
An analysis of the Target breach prepared for a Senate committee is a political document that might help its patron's agenda but doesn't go far enough to identify technical solutions to help enterprises avoid Target-like breaches.
A federal appellate court's ruling last week that reaffirmed the Federal Reserve's structure for debit interchange fees could lead some institutions to make bigger investments in fraud prevention.
When a former U.S. president acknowledges that he won't use e-mail to correspond with foreign leaders to avoid snooping by the NSA, you know the image of America as a bastion of freedom - at least online - has dropped a few more notches.
Speculation surrounding the cause of the disappearance of Malaysia Airlines Flight 370 hasn't included the possibility of a cyber-attack. But one cybersecurity expert contends hacking an airliner is feasible.
Recent retail breaches have exposed security vulnerabilities, highlighting the importance of shifting to much stronger user authentication as well as verification of the authenticity of transactions.
U.S. prosecutors say a Romanian man faces six charges that he directed a large-scale ATM skimming scheme that defrauded multiple financial institutions out of at least $5 million.
Major cyberthreat concerns for banking institutions in 2014 include DDoS attacks, mobile malware, ransomware and insider threats, among others. Experts offer insights on mitigation strategies.
A new identity fraud study shows that consumers who are victims of a payment card breach are at greater risk of fraud than victims of other types of breaches, says Al Pascual of Javelin.
Anecdotal evidence usually supports the data the Labor Department culls on IT security employment. Usually isn't always, and the 2013 stats reported by the Bureau of Labor Statistics are at odds with what is likely true.
How can banking institutions improve their fraud detection and prevention efforts in 2014? Doug Johnson and Jane Yao of the American Bankers Association provide insights based on recent research.
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