Business email compromise attacks are becoming more sophisticated and pervasive, and smaller businesses in English-speaking countries are proving to be the most common targets, says PhishLabs' Joseph Opacki, who calls on banks to show customers examples of the schemes.
Ireland's Cyber Crime Conference in Dublin drew a capacity crowd for a full day of security briefings, networking, hotly contested capture-the-flag and secure-coding challenges, as well as a chance to sharpen one's lock-picking skills.
TalkTalk's confusion in the wake of its recent data breach, as well as mangling of technical details and failure to encrypt customer data, demonstrate the importance of having an incident-response plan ready in advance of any breach, experts say.
Reversing recent claims that it was unaware of any data breaches, hotel chain Hilton Worldwide now says it suffered a POS malware infection that affected an unspecified number of hotels, customers and payment cards in 2014 and 2015.
Attorneys general in nine states say card issuers should move to chip-and-PIN, rather than chip-and-signature, as they roll out EMV. But are other issues, such as wider use of encryption and tokenization, more worthy of attention?
The surge in data breaches has left millions of consumer records compromised. As a result, fraudsters have all they need to open bogus accounts, which cost banks huge losses linked to what Greg Shelton of LexisNexis Risk Solutions calls "sleeper fraud."
Too many security awareness and education programs fail because they're boring, says Lance Spitzner, research and community director for the SANS Institute's "Securing the Human" program. Read his suggested fixes.
As the unfolding investigation into the Paris attacks shows, just sharing threat-related data - without adding the crucial context that turns it into actionable intelligence - won't help organizations block attacks.
Starwood Hotels and Resorts has confirmed a point-of-sale breach, but card issuers say they don't believe the Starwood breach is isolated, and that fraud patterns indicate that another, perhaps larger breach, is impacting cards across the country.
More than four years after the POS swap attack that struck 80 Michaels craft stores throughout the U.S., details about how the attackers pulled off their scheme have finally emerged. Read why one expert says this was a crime of cash, not cards.
Despite near-constant warnings from law enforcement officials and the information security community, too many organizations still aren't taking security seriously, experts warned at the Irish Cyber Crime Conference in Dublin.
Card-not-present fraud now outpaces card-present fraud in the U.S. by a ratio of 3:1, and is up 30 percent globally since 2014. Experts tell why ecommerce sites need to respond with stronger online authentication, tokenization and behavioral analytics.
Among the top challenges to security leaders is turning a deluge of information into threat intelligence. To make that conversion, companies must identify and remediate the potential threats in their environments, says Ajay Nigam of BrightPoint Security.
As U.S. merchants shore up physical point-of-sale security by upgrading their terminals to accept EMV chip cards, attackers are turning their aim toward new, unattended targets. Here's the latest on how to respond to "shimming" attacks.
In this video interview, former Equifax senior vice president Andy Smith examines the types of scams fraudsters are attempting in the wake of the US EMV liability shift, as well as the countermeasures financial institutions can take to derail them.