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?
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.
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.
Cisco announced plans to pay $635 million to purchase cloud security firm OpenDNS to better secure the "Internet of Everything." OpenDNS says the acquisition will leave its products and personnel intact.
The Department of Justice has announced the indictments of two individuals in separate fraud cases affecting the University of Pittsburgh Medical Center. The cases spotlight the challenges healthcare organizations face in the fight against fraud.
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.
European authorities say they have disrupted a Ukraine-based cybercrime gang tied to $2.2 million in fraud in Europe, the United States and beyond, perpetrated via banking Trojans, botnets and hacking-for-hire services.
A growing number of ATM card reader eavesdropping attacks involve attackers getting in through a tried-and-true method - taking advantage of commonly used electronic access keys or codes. What can be done to stop these attacks?
Those advocating the use of the ".bank" top-level domain argue that it offers better security than ".com." In part one of a two-part interview, Craig Schwartz of fTLD Registry Services and Doug Johnson of the ABA explain the security provisions.
Eight alleged members of an identity theft ring, including a former assistant clerk at Montefiore Medical Center, have been indicted on a variety of charges stemming from using stolen patient information to make purchases at retailers.
Law enforcement officials in Europe plan to disrupt the use of social media to broadcast "terrorist and extremist propaganda," but security experts questioned whether such moves will blunt the recruitment of new ISIS fighters and so-called "jihadist brides."