An analysis of FBI Director Christopher Wray's comments about how encryption poses complications for law enforcement officials leads the latest edition of the ISMG Security Report. Also featured: The former CISO of the state of Michigan sizes up cybersecurity forecasts.
Accidentally careless employees are the biggest cause of incidents involving data loss, responsible for almost 25 percent of all breaches.
Given that employees are the first line of defense against socially engineered schemes, such as account takeover, new account fraud and other crimes, doesn't it make sense to...
The Equifax breach, which affected more than 143 million individuals, proves breaches are not trending downward.
A lot has been said about the ways that criminals use stolen data. In this session, BioCatch discusses the current state of account openings online and what fraudsters are doing to circumvent security...
Since the U.S. adoption of EMV chip-and-signature for payment card security, incidents of card-present fraud have been reduced. But there has been a corresponding (and predicted) rise in card-not-present fraud, as well as check fraud and new real-time fraud, resulting from new forms of payments.
This session...
Every day, financial institutions face an onslaught of automated attacks on their web and mobile applications by all types of fraudsters. Some test millions of stolen credentials on login applications to commit account takeover; others create thousands of accounts on account registration applications to validate...
Dave DeWalt, former CEO of McAfee and FireEye, identifies the next generation of cybersecurity threats in the latest edition of the ISMG Security Report. Also featured: an analysis of the recent news of the Meltdown and Spectre microprocessor flaws and the POS malware attack on retailer Forever 21.
Apparel retailer Forever 21 says point-of-sale systems in some stores were infected by malware for up to seven months, leading to the theft of customers' payment card data. The retailer says deactivated encryption technology on some POS devices exacerbated the severity of its breach.
A report on the SEC targeting a Canadian company for fraud, alleging it cheated investors by exploiting a so-called Initial Coin Offering crowdsourcing funding system, leads the ISMG Security Report. Also, an NSA analyst pleads guilty in a case involving storing classified data on his home PC.
Roman Seleznev, the son of a Russian lawmaker who earlier this year received one of the longest sentences ever handed down in the U.S. for computer-related crimes, has been slammed with two more 14-year sentences. He was a key figured in the infamous Carder.su fraud marketplace.
Join us to learn about the new Directive on Payment Services (PSD2), and the impact it has on European banks and financial service providers. This new regulation is expected to change the way we interact and consume digital banking.
Are you going to check the box? Or are you going to leverage the directive to grow...
With a rise in incidents of omnichannel financial fraud globally, financial institutions need to enhance their ability to detect fraud - while also reducing technical complexity. Maxim Shifrin of IBM Trusteer discusses new solutions.
In a world of constant data breaches, where all consumer PII data is exposed, financial institutions are seeking innovative ways to authenticate customers, verify identity and prevent account takeover. This is leading to investment in a world of innovative authentication methods but that also means FIs find themselves...
In the wake of recent massive data breaches, such as the Equifax hack, a flood of stolen data is leading to a whole new wave of account takeover crimes, says Emma Mohan-Satta of Kaspersky Lab. How can organizations refine their defenses?
Global hotel chain Hilton has reached a $700,000 settlement agreement with New York and Vermont over two separate data breaches discovered in 2015 that exposed more than 360,000 payment card numbers.
Security probes into IoT vulnerabilities too often swerve into creepy territory. Take security researchers at Check Point who discovered they could seize control of an internet-connected LG vacuum cleaner's camera, allowing them to turn a roving robotic cleaner into a spy cam.
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