In this exclusive interview, Tim Horton of First Data explains how the nation's largest credit card processor is helping financial institutions and merchants mitigate risks posed by malware and DDoS attacks.
As the Payment Card Industry Security Standards Council prepares to update the PCI Data Security Standard, malware attacks aimed at payments networks are garnering attention, says the council's Jeremy King.
Providers of technologies employees acquire through unconventional channels that could bypass their employers' supply-chain controls are known as "shadow suppliers." Here's why you should care about them.
Malware attacks against retailers are becoming more common. Many breaches linked to these attacks could be prevented, experts say, if merchants took more steps to lock down networks and point-of-sale devices.
The biggest lesson banking institutions can learn from this week's reported $45 million global cyberheist: Old attacks always return. Learn why thwarting these coordinated fraud schemes is challenging.
Federal prosecutors have charged eight individuals in a massive cybercrime operation that involved hacking into payment card processors' networks, manipulating prepaid debit cards and withdrawing $45 million from ATMs worldwide.
How could global fraudsters steal $45 million from banking institutions without being detected or stopped? It's a process breakdown, not a technology failure, says fraud expert Avivah Litan of Gartner.
Eric Bangerter, an executive with a $1.6 billion institution in Wisconsin, explains why the risks associated with mobile apps led his team to opt for using a Web-based platform for mobile banking instead.
A recent spear-phishing attack involving a Trojan designed to target Android devices offers an important reminder of the emerging threat of mobile malware, says Kaspersky Lab researcher Kurt Baumgartner.