An individual claiming to be the hacker who posted four healthcare databases on the dark web reveals some of his tactics. We take a close look at the risks posed to one affected clinic, which faces a ransom demand.
Achieving international acceptance of PCI-DSS is an ongoing challenge, says Jeremy King, international director of the PCI Security Standards Council, who's working to educate merchants about baseline security that goes far beyond cardholder data protection.
In this edition of the ISMG Security Report, you'll hear our editors explore how hackers use Java script for ransomware, the latest digital currency security issue and privacy threats posed by virtual reality.
As we prepare to mark the tenth anniversary of the PCI Security Standards Council, it's time to assess the impact PCI-DSS has had on payments security and consider whether it will remain a viable standard 10 years from now. A series of upcoming reports will address these topics.
The Retail Industry Leaders Association is battling against passage of a national data security and breach notification bill known as the Data Security Act of 2015, arguing it would unreasonably require retailers to meet some of the same security standards as banks, says Austen Jensen, a RILA vice president.
Now that both the FBI and the FFIEC have issued alerts calling attention to the risks associated with interbank messaging and wholesale payments in the wake of SWIFT-related heists, U.S. institutions should brace for more regulatory scrutiny of bank-to-bank payments, financial fraud experts say.
HIPAA has long provided patients with the right to access their own "designated record set" of protected health information. But federal regulators are on a campaign to help patients and healthcare organizations understand records access rights, as well as the related privacy risks.
Is SWIFT now playing good cop/bad cop? While it initially promised to not police the financial services industry, it's now considering training auditors and suspending banks found to have poor information security practices.
Asking how many different technologies consumers will tolerate when it comes to paying for their goods and services is a bit like asking how many more superheroes moviegoers will countenance in the latest "Avengers" film.
A House committee is seeking answers from the Federal Reserve Bank of New York about the $81 million theft from the central bank of Bangladesh and its implications for U.S. financial services firms.
Since the theft of $81 million from the central bank of Bangladesh came to light in February, investigators have continued to probe similar SWIFT-related attacks against four other financial services firms, dating back to at least 2013.
A Bangladesh probe says that an insider may have assisted attackers in perpetrating the $81 million cyber heist against Bangladesh Bank. SWIFT has unveiled new security measures to help other banks, but security experts say more will be needed.
A Japanese ATM cash-out scheme that stole $19 million from South Africa's Standard Bank in less than three hours illustrates why devising better ways to mitigate the risks posed by such schemes must be a priority for financial institutions in markets - including the U.S. - that still rely on mag stripe debit cards.
LinkedIn failed to force all users to reset their passwords after a 2012 breach of at least 6.5 million credentials came to light. But it turns out the breach actually compromised 167 million accounts. Whoops.
After blaming a recent spate of bank robberies on banks' poor information security practices, SWIFT has changed its tune. Now it says it wants to help financial firms spot related fraud and better share information about unfolding threats.
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