A Reuters report claiming executives at SWIFT for years neglected the security of its messaging system has stirred debate among security and anti-fraud experts. Who should take the lead role for security of bank-to-bank transactions - SWIFT or its member banks?
Retailer Eddie Bauer is warning customers that their payment card data may have been compromised by point-of-sale malware during a six-month attack. The warning follows HEI Hotels & Resorts disclosing a 15-month malware attack affecting 20 locations.
Vikrant Arora, CISO of NYC Health & Hospitals, offers the four most important questions a board must ask the CISO to get a good understanding of how the organization is addressing top cybersecurity concerns.
If intelligence or law enforcement agencies know that an organization's information systems are being attacked, when should they alert the victim, if at all? What if the victim is a political party? Here's a look at the issues raised by the Democratic National Committee hack investigation.
Is the recent breach at HEI Hotels & Resorts linked to the hack of POS systems provider MICROS? And have other POS vendors been breached as well? Security experts offer their analysis and size up vendor vulnerabilities.
It's easy to look at the payments landscape and see only the flaws. But payment card security has come a long way in the past 10 years, thanks in large part to the PCI Data Security Standard. How will card security be refined in the coming decade?
The reported theft of $69 million worth of bitcoins from a Hong Kong-based exchange highlights the continuing challenges around keeping large quantities of digital currency out of the reach of hackers.
The breach of an offshore account owned by Union Bank of India is raising new questions about the security of interbank payments, which often rely on antiquated backend verification processes that fraudsters seem to be compromising with relative ease.
SentinelOne is taking a marketing gamble by offering to reimburse customers who suffer a ransomware infection if the security firm can't remediate affected systems. But let's take a close look at what's actually on offer.
The Petya ransomware gang says it released 3,500 crypto keys that it stole - along with source code - from rival Chimera ransomware developers. If the keys are legitimate, security firms say they can build decryption tools for Chimera victims.
An investigative report from Reuters paints a disturbing picture of the Federal Reserve Bank of New York using antiquated security practices to safeguard interbank SWIFT payments. Here's how security experts say interbank transaction security must be improved.
As Democrats gather in Philadelphia to nominate Hillary Clinton for president, it's a good time to examine the former secretary of state's positions on cybersecurity and online privacy. Here's where she stands.
MacKeeper failed to alert customers earlier this year that for at least four weeks, its anti-virus software wasn't receiving regular signature updates. Industry experts say any such delay is unacceptable for an AV vendor.
The GOP platform - adopted at the convention that nominated Donald Trump for president - doesn't mention the term 'hack back' but states: "We ... make clear that users have a self-defense right to deal with hackers as they see fit." Some cybersecurity experts claim the platform encourages "cowboy" justice.
The Federal Reserve's strategy for oversight of the U.S. migration toward faster payments won't change in the wake of the heists that exploited SWIFT payments, says Fed official Marianne Crowe. The long-term security of U.S. payments has always been a priority for the Fed's study of faster payments, she says.