NPCI's new unified payment interface for smartphones aims to simplify mobile money transfer through a single interface. But can it truly ensure a secure transaction through single-factor authentication?
New exploits linked to Apple Pay aren't compromising the mobile device's security, but instead are taking advantage of lax authentication practices used by banking institutions to verify cards that are loaded to the iPhone for Apple Pay purchases.
Manufacturers of PCs and mobile devices must end the practice of preloading "bloatware." Lenovo's experience with offering "free" adware shows the hidden security and performance tradeoffs buyers must endure.
A British/American intelligence team hacked Gemalto - the world's largest SIM manufacturer - and stole encryption keys that can be used to intercept and eavesdrop on cellular communication, according to a news report citing leaked documents.
Lenovo - the world's largest PC manufacturer - says it will cease pre-installing Superfish adware on its devices and help customers delete the software and its risky digital certificate. But will all affected users get the message?
Some security experts contend that users of numerous types of Lenovo PCs and laptops are at risk of having their encrypted traffic get intercepted because of installed-by-default Superfish adware, which handles digital certificates insecurely.
On the heels of the FFIEC's new business continuity guidelines, Deputy Comptroller Beth Dugan hints that new guidance related to cybersecurity risks affecting payments and mobile transactions may be coming.
As a result of the explosive growth in worldwide use of smart phones, mobile malware will play a much bigger role in fraud this year, predicts Daniel Cohen, a threat researcher for RSA, which just released its 2014 Cybercrime Roundup report.
Information security experts are calling on Google to rethink its patch priorities after it declines to fix a critical component that runs on Android 4.3 "Jelly Bean" and older devices, leaving an estimated 930 million mobile devices at risk.
How will EMV and contactless payments reduce ATM-related card fraud? In part one of this three-part exclusive interview, executives from the world's top three ATM manufacturers discuss how they're helping banking institutions address emerging fraud trends.
The response by Sony Pictures Entertainment executives to the hack attack against their company provides a number of great examples for how to not to handle a data breach. Here are 7 key mistakes they made.
Users' fear of data loss on personal devices must be balanced with an organization's need to protect sensitive information, says ZixCorp's Nigel Johnson. He explains the evolution of mobile device management.