Although they apparently weren't caused by cyber-attacks, the impacts of computer failures at the New York Stock Exchange, United Airlines and the Wall Street Journal have much in common with the aftermath of breaches.
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?
The St. Louis Cardinals baseball team has fired its scouting director amidst allegations that the team hacked into a database run by its rival Houston Astros team. A related investigation is ongoing.
President Obama proposes spending more money on cybersecurity, replacing government agencies' antiquated, unsecured systems. But what really needs to be done to thwart breaches, like the hack attack against the Office of Personnel Management?
Adoption of the financial services top-level domain ".bank" will provide enhanced email authentication capabilities, three experts explain in part two of a panel discussion on the new TLD.
Chris Feeney, recently named president of BITS, the technology and policy division of the Financial Services Roundtable, describes his top cybersecurity priorities, including helping members deal with insider threats.
MasterCard's Oliver Manahan says merchants and issuers must embrace stronger cardholder authentication and security methods, such as biometrics and tokenization, to ensure payment card data is secure.
By 2018, Javelin predicts that new account fraud and account takeover will eclipse present worries about POS attacks and retail breaches. Why breached PII should be our biggest worry.
The Gartner Security and Risk Management Summit tackles digital business, a concept that blurs the physical and digital worlds, and requires organizations to reconsider how they approach IT security and risk management.
Financial services firms are increasingly applying contextual security tools to help identify fraud more quickly. But a shift to continuous authentication will provide even better security, says Vasco's Jan Valcke.
Inspector General Russell George says hackers would have had a tougher time breaching the IRS "Get Transcript" system if the agency had implemented IG recommendations, but he stops short of saying the safeguards would have prevented the hack.
The method the Internal Revenue Service used to authenticate users, which failed to keep sophisticated hackers from breaching a taxpayer-facing system, has been widely criticized by cybersecurity experts.
It's no surprise that virus-wielding hackers are exploiting Internet of Things devices. Blame too many device manufacturers rushing products to market, skimping on secure development practices and failing to audit the third-party code they use.
This year's Infosecurity Europe conference in London is offering a top-notch range of sessions, ranging from how to battle cybercrime and social engineering to building a better security culture and workforce. Here's my list of must-see sessions.
The superintendent of the New York State Department of Financial Services says he hopes to propose new cybersecurity regulations by the end of this year that address third-party risks and may require banks to use stronger user authentication.
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