Facebook is aiming to make account recovery and password resets more secure with a new, updated approach that eliminates outdated weaknesses such as emailed reset links, SMS messages and security questions.
Three Eastern European men have been sentenced to five years in prison for their roles in helping a criminal gang steal $2.7 million from First Commercial Bank ATMs in Taiwan. Europol says two others involved in the thefts have been arrested in cooperation with Belarus and Romanian authorities.
An overlooked security setting on Twitter may have allowed a hacker to guess the password-reset email addresses tied to accounts used by President Donald Trump, first lady Melania Trump, Vice President Mike Pence plus a top adviser. What's the risk?
Malware designed to get ATMs to spit out their cash - advanced when it first debuted - has been upgraded, according to a report from FireEye. Now, the Ploutus-D malware talks to legitimate ATM middleware, enabling it to target machines from 40 vendors. What does this mean for financial institutions?
A just-issued report from President Obama's Commission on Enhancing National Cybersecurity outlines challenges the next administration should address. Observations from one of the panel's commissioners highlight the latest episode of the ISMG Security Report.
Local police are investigating ATM skimming attacks at four New York hospitals. Security experts warn that fraudsters will likely continue to target locations, including hospitals, where ATMs are not closely monitored and around-the-clock access to the terminals is available.
European banks have seen a new wave of ATM jackpotting attacks, where machines are commanded by malware to spit cash into the waiting hands of criminals, according to a new report. But why is this report being cautiously received?
During a recent business trip to San Francisco, ATM security expert John Buzzard stumbled upon an ATM that had been damaged by an explosive substance - a vivid reminder of an emerging threat. Buzzard offers insights on the latest ATM risks.
As U.S. ATM operators face MasterCard's Oct. 21 EMV liability shift deadline, a surge in explosive attacks against European ATMs is a reminder that anti-fraud features won't block all money machine crime.
A Michigan credit union's bold move to block members from using their payment cards at all Wendy's locations following a malware attack won't do much to stop fraud. But it does send a strong message that the financial institution doesn't think Wendy's has done enough in its efforts to protect customers.
Brazen ATM thefts from financial institutions in Taiwan and Thailand have sent a shiver through the global banking industry. An inside look at the malware used in the attacks reveals attackers' clever, incremental improvements.
Thai police say they have identified all of the suspects allegedly involved in recent "jackpotting" malware attacks against 21 ATMs, leading to the theft of 12 million baht ($350,000). The malware is a new strain called "Ripper," raising concerns for banks worldwide.
Russia, which some have blamed for attacks against the Democratic Party in the U.S., has offered a detailed description of coordinated cyberattacks against its scientific, public authority and military institutions. Is the announcement a tit-for-tat move after the charges of Russian involvement in U.S. hacks?
First the hackers came for our credit cards. Now they're taking control of our TVs. Witness the latest version of FLocker - for "frantic locker" - which is designed to lock Android devices, including smart TVs.
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