Police in Finland are investigating a series of DDoS attacks against the country's OP Pohjola financial services group that have intermittently shut down online banking and direct debit services. The hacking group "CoreSec" has claimed credit.
A recent interview about why retailers say EMV without the PIN is a fruitless fraud-fighting effort has spurred debate among retailers and bankers. In the end, though, bankers' resistance to PIN is all about time and money.
With the FBI reportedly investigating whether any U.S. financial services firms waged illegal hack-back efforts after DDoS attacks, some security experts contend that hacking back is a bad idea because the cyber-retaliation could cause more problems.
European Bitcoin exchange Bitstamp has temporarily suspended its services after some of its operational wallets were compromised on Jan. 4, resulting in the theft of 19,000 Bitcoins, worth more than $5 million.
The biggest 2014 U.S. health data breaches listed on the federal tally so far demonstrate that security incidents are stemming from a variety of causes, according to a new infographic, which highlights patient risks and takeaways for healthcare organizations.
As organizations set their 2015 priorities for security defenses and breach prevention, they should keep in mind five important lessons learned from last year's top data breaches.
Sony CEO Kazuo Hirai praises employees' actions in the wake of the "vicious" attack against Sony Pictures, which the FBI has attributed to North Korea, using evidence that the White House says will stay classified.
Mark Horwedel of the Merchant Advisory Group says that while U.S. merchants are committed to enhancing payments security, without PINs, chip cards will do little to reduce card fraud.
Financial services company Morgan Stanley has fired an employee who it claims stole account data for hundreds of thousands of clients and posted a small subset of it online. Find out how many clients were affected.
The Reserve Bank of India is considering removal of its two-factor authentication requirement for small-value transactions. The goal: to facilitate easier transactions. But security experts fear the move may actually increase fraud.
Holding North Korea responsible for the cyber-attack on Sony Pictures Entertainment, President Obama on Jan. 2 imposed sanctions on 10 individuals and three entities associated with the North Korean government.
The FTC has approved a final order settling charges that Snapchat, which offers a photo messaging app, deceived consumers with promises about the disappearing nature of messages sent through the service.
Spear phishing is going to be a leading worry for banks in 2015, as hackers increasingly target bank employees to compromise credentials used to access consumer and business accounts as well as critical servers and systems.
As it attempts to expand its roster of special agents with cybersecurity expertise, the FBI confronts a number of challenges that recruiters in the private sector don't face.
Atlanta-based fast-food chain Chick-fil-A is investigating whether its point-of-sale network has been breached after receiving reports of potential unusual activity involving payment cards used at a few of its restaurants.
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