While sophisticated cyberattacks and high-profile mega-breaches get most of the attention, European fraud experts say less sophisticated attacks are far more common and pose a greater fraud risk. At ISMG's Fraud Summit in London, they called for global collaboration to fight fraud.
Target - the nation's second-largest discount retailer and best-known data breach poster child - has begun issuing its house-brand REDcards with chip and PIN. The move comes as the majority of card issuers have opted for chip and signature, which some security experts warn is a weaker choice.
A second Russian has pleaded guilty in connection with the largest U.S. hacking scheme, which compromised more than 160 million payment card numbers. But three other alleged conspirators have yet to be arrested.
A Russian hacker who was extradited to the United States earlier this year has admitted his role in the largest hack attack in U.S. history, which resulted in the theft of 160 million payment card numbers. Find out how much time he could spend in prison under his plea agreement.
The U.S. payments infrastructure will come up far short of completing the rollout of EMV technology by the Oct. 1 fraud liability shift date. Experts say high costs, a perceived lack of consumer demand and doubts about EMV's ability to significantly reduce card fraud are to blame.
After Target's $67 million settlement with Visa to reimburse banks for expenses related to the retailer's 2013 breach, MasterCard confirms it is weighing a new deal. Will settlements derail a pending lawsuit against the retail giant?
Security is a busy sector: Symantec jettisoned Veritas, Zscaler became a "unicorn" after its most recent funding round, and we have other M&A news from Cisco, Fidelity National Information Services and Proofpoint.
In June 2012, restaurant chain Penn Station was among the first retailers hit by a POS breach linked to malware. Here, in an exclusive interview, President Craig Dunaway discusses the lasting impact of the breach.
After jumping by 33 percent in 2014, the number of Americans who consider themselves IT security professionals has remained flat for the first half of 2015, according to an examination of federal government employment data. That's bad news for employers seeking IT security pros to hire.
Chris Feeney, recently named president of BITS, the technology and policy division of the Financial Services Roundtable, describes his top cybersecurity priorities, including helping members deal with insider threats.
Five best practices noted in version 3.0 of the PCI Data Security Standard will become requirements after June 30, with remote access and third-party risks the key focus - particularly for smaller merchants.
It's no surprise that virus-wielding hackers are exploiting Internet of Things devices. Blame too many device manufacturers rushing products to market, skimping on secure development practices and failing to audit the third-party code they use.
This year's Infosecurity Europe conference in London is offering a top-notch range of sessions, ranging from how to battle cybercrime and social engineering to building a better security culture and workforce. Here's my list of must-see sessions.