Payments are getting faster, and so is payments fraud. A robust fraud management strategy focusing on strong authentication, customer education and scalable responses can be instrumental in minimizing payment fraud risk.
A remote code execution vulnerability revealed in late March in the Drupal content management system is now being used on a large scale for mining the virtual currency monero, a researcher says. At least 400 websites have been infected, and the total number is likely far higher, security experts warn.
Security vendor ProtectWise says a series of operating mistakes has allowed it to gain insight into a group, believed to be affiliated with Chinese intelligence, that specializes in stealing code-signing certificates. The certificates allow for the signing of malware that's unlikely to raise security alarms.
Privacy regulations, user satisfaction concerns and the need to prevent data breaches are driving more organizations that must authenticate users to find "a better way of ensuring that people are who they are when they are accessing critical information," says Tony Smales, CEO of Forticode.
As attackers get increasingly sophisticated in reverse-engineering applications, it is imperative that enterprises secure trusted applications that are reaching back into the datacenter from beyond the perimeter, says Rusty Carter of Arxan Technologies.
Over 55 percent of people will reuse passwords despite acknowledging the risks, says Amber Steel of LastPass. In the enterprise context, this bad behavior needs to be addressed without burdening employees with policies which could impact productivity, she says.