Intel is changing the name of its McAfee line of security products to Intel Security. The name change follows the badmouthing of McAfee products by founder John McAfee, who sold his company to Intel in 2011.
JPMorgan Chase will pay more than $2 billion in fines for violations of the Bank Secrecy Act tied to failure to report suspicious activity related to Bernie Madoff's decades-long, multi-billion dollar Ponzi scheme.
We may never really know who or what is to blame for the Target breach that exposed as many as 40 million U.S. debit and credit cards, but there definitely is no shortage of theories from our readers.
Big data is a hot item on every banking institution's security agenda, says Gartner analyst Avivah Litan. Here she explains why mid-sized institutions are in the best position to implement new technology.
Increasingly sophisticated prepaid card fraud is affecting more banking channels. Payments fraud expert Tom Wills offers insights on what banking institutions can do to mitigate this threat.
Breach detection provider FireEye has acquired incident response and remediation services company Mandiant , forming a formidable company that can provide soup-to-nuts products and services to detect, mitigate and respond to breaches.
U.S. banks stopped $9 out of every $10 of attempted deposit account fraud in 2012, according to a new ABA Fraud Survey Report. What are they doing right, and how must they improve fraud prevention in 2014?
Many business leaders lack a clear understanding of the value of identity and access management. CISO Christopher Paidhrin offers a scenario for how to make the case for an IAM investment.
How can organizations mitigate the risks posed by the unintentional insider threat? The strategy requires a combination of technical and non-technical solutions, says researcher Randy Trzeciak.
Big-box retailer Target has confirmed that a breach that likely exposed some 40 million U.S. debit and credit accounts was caused by a malware attack that infected its point-of-sale system. Find out all the latest details.
On Christmas Eve, Target issued a warning about phishing scams linked to its breach recovery efforts. In response, the retailer says it is launching a dedicated resource page on its website for official communications.
Was it a point-of-sale attack? A network breach? Or was it an inside job? Fraud experts disagree over the cause of the Target data breach, but they are united in how banking institutions should respond.
The financial services industry is not collaborating effectively to address online payment risks, says Scott Dueweke of Booz Allen Hamilton, who offers insights on effective fraud-fighting steps.
Target Corp. confirms that a network intrusion may have exposed approximately 40 million debit and credit accounts. An investigation of the national big box retailer's breach is under way.
A breach that apparently began on Black Friday may have exposed millions of credit and debit cards used to conduct transactions at Target retail stores, two major U.S. card issuers tell Information Security Media Group.
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