While sophisticated cyberattacks and high-profile mega-breaches get most of the attention, European fraud experts say less sophisticated attacks are far more common and pose a greater fraud risk. At ISMG's Fraud Summit in London, they called for global collaboration to fight fraud.
Too many companies lack an understanding of the business ramifications of cyber threats, says Juanita Koilpillai, president of the Digital Risk Management Institute. In a video interview, she describes why business owners and insurance companies must work together to develop modern cyber risk management programs.
British police have arrested a 15-year-old boy in connection with the suspected hack of TalkTalk. Security experts say that if a teenager was responsible, it's going to be difficult for the communications firm to prove that it takes customers' data security seriously.
Cyberattacks are challenging our current methods of defense, says Lance James, a global cyber intelligence adviser at the consultancy Unit 221b. In a video interview, he discusses the changes in tools and skills that must be made to fend off fast-moving adversaries.
A third data breach affecting TalkTalk has prompted sharp questions from U.K. public officials about whether stronger breach notification laws and breach-related penalties might help prevent more such incidents from occurring.
The recent data breach at U.K.-based telecom company TalkTalk illustrates that breach risk mitigation is a critical issue worldwide. PCI's Jeremy King, who will be a featured speaker at ISMG's Fraud Summit London on Oct. 27, explains why European data security is getting more scrutiny.
HP has agreed to sell its intrusion detection and prevention software unit TippingPoint to security vendor Trend Micro for $300 million. But analysts say Trend Micro faces stiff breach detection and incident response competition.
Someone green-light this drama: Sony, after suffering a massive data breach that led to the leak of personal information and embarrassing corporate emails, has agreed to a data-breach settlement worth up to $8 million.
Bob Carr, CEO of Heartland Payment Systems, contends that not enough progress has been made in improving payments security in the seven years since the processor experienced a massive breach. Find out why he argues that retailers and processors still have much more to do.
As the Senate continues to wrestle with the Cybersecurity Information Sharing Act of 2015, with a vote expected next week, opposition to the bill from some privacy groups and major technology firms, including Apple, is heating up.
The FBI and Secret Service are investigating reports that CIA Director John Brennan's personal AOL email account was hacked by an American teenager, who found and leaked sensitive information on top U.S. intelligence and national security officials.
Dow Jones has dismissed a competitor's report, which claims that attackers operating from Russia hacked into the company's servers and stole sensitive financial information for insider-trading purposes.
By identifying abnormal data access behavior, machine learning systems could improve breach prevention and fraud detection in the healthcare arena and other sectors, contends artificial intelligence expert Robert Leithiser.