ATM skimming attacks, and subsequent fraud losses, are increasing, even in European markets where EMV chip cards are the standard. Learn why some experts predict a continued surge in skimming in the months to come.
NIST will soon start writing the "final" version of its cybersecurity framework, a guide to information security best practices for operators of the nation's critical infrastructure. But should it be beta tested?
The financial services industry will make wider use of data analytics next year as the value of leveraging big data to help prevent or detect fraud becomes more clear, experts predict.
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.
Figuring out how Edward Snowden breached NSA computers is sort of like solving a puzzle. Take public information and match it with an understanding of how organizations get hacked, and the pieces seem to fall into place.
Computer scientists at the Georgia Institute of Technology are developing new ways to apply encryption when storing or searching data in the cloud, says Paul Royal, associate director of the university's information security center.
Jeh Johnson, at his confirmation hearing to be the next Homeland Security secretary, pledges to fix internal cybersecurity problems at DHS before seeking further authority to have the department help other agencies get their IT security houses in order.
Shoring up mobile security gaps should be a top 2014 priority for financial institutions, says Gartner analyst Anton Chuvakin, who contends many other security issues, including managing cloud vendors and other third parties, aren't so urgent.
New payment card security standards issued by the PCI Council include a number of improvements, plus some glaring omissions, such as requirements for mobile, security experts say. What are their chief concerns?
Mobile security is no longer about managing devices, says Ian McWilton of Moka5. The real trick is to secure corporate assets through containerization solutions that reduce costs and improve user experience.
Senior leaders in business and government are buying in to the need for more cybersecurity investments as well as threat-intelligence sharing, new research shows. But why are they still struggling to hire the right security pros?
Reliable statistics to track trends in cybersecurity employment are scarce. But the available numbers offer some insights, including the relative strength of the IT security workforce.
Banking institutions are becoming more comfortable with sharing information about cyber-attacks and fraud. And some threat-intelligence vendors are helping to pave the way for expanded collaboration.
Although skimming attacks are still the greatest ATM fraud concern, experts warn that a new malware strain that targeted ATMs in Mexico may signal a shift and raises questions about software and operating system vulnerabilities.
A new Ponemon Institute study shows the average annual cost of cybercrime for 60 major U.S. companies rose 26 percent this year. Find out some of the factors contributing to the rising cost.
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