NoMoreRack.com says there's no evidence to suggest its payments system has been breached, in spite of reports alleging compromised cards have been traced back to some of its retail sales.
Attackers likely purchased malware in underground "cybercrime-as-a-service" markets to use in recent credit card breaches, including the Target Corp. attack, a new report from McAfee Labs asserts. Adam Wosotowsky explains the report's findings.
Recent data breaches, such as the ones suffered by Target Corp. and Neiman Marcus, may have been detected sooner if retailers had been sharing transactional pattern and behavioral information about their customers, says Mike Braatz of ACI Worldwide.
A retailer should help pay for card re-issuance and other expenses after a breach if the merchant is shown to have had inadequate security in place, says Viveca Ware of the Independent Community Bankers of America.
An alleged hacker based in the United Kingdom has been charged with infiltrating servers belonging to the U.S. Federal Reserve Bank. The announcement comes just months after the Brit was charged in connection with other U.S. government hacking incidents.
Sears is denying claims that its network may have been compromised by a cyber-attack that exposed card data. Other sources say they are still unsure, and that Sears may be the next breached retailer.
Fraudsters continually find new ways to attack, but too many organizations rely on old, unsuccessful methods to detect and prevent fraud. This is the premise, says David Mattos, VP Sales, with Easy Solutions.
In the second full day of RSA 2014, ISMG's editors record exclusive video interviews with Troy Leach of the PCI Council, Adam Sedgewick of NIST and Gartner's Avivah Litan. What insights do these thought-leaders share?
Verizon isn't offering many details about two retailer breaches it's reportedly investigating, which may be linked to the Target breach. But IntelCrawler's Dan Clements says the merchants were likely breached several weeks ago.
While much of the security focus is on online fraud and major data breaches, organizations of all sizes and sectors are seeing a rise in phone-based fraud, says Matt Anthony of Pindrop Security.
Traditional fraud has evolved in complexity, changing the threat landscape dramatically. Greg Maudsley and Preston Hogue of F5 discuss new strategies to mitigate evolving threats.
The Target retail POS breach is the most talked-about incident in recent memory - and it was entirely preventable with available security solutions, says Adam Tegg CEO of Wontok Solutions.
Artificial intelligence can be used to enhance security across a number of business sectors, including retail and financial, says Dr. Akli Adjaoute of security firm Brighterion.
Cisco has launched a new open source initiative focused on application identification, says Scott Harrell, vice president of the company's security business group.
Advanced, ever-evolving threats call for security solutions vendors to counter with equally advanced and sophisticated solutions. JD Sherry of Trend Micro discusses new strategic alliances and product sets dedicated to creating new measures of threat defense.
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