Several state attorneys general are investigating the data breach at eBay, which potentially exposed the encrypted passwords of 145 million customers. Plus, the New York AG is asking the company to provide free credit monitoring to those affected.
Financial Institutions already apply out-of-band security in many instances. The challenge is: How do we help protect payment cards when they are used at any number of online and brick-and-mortar retailers?
Target reports its profits have dropped for the second consecutive quarter in the wake of its massive data breach. It outlines data breach costs so far and reveals a massive severance package for its former CEO.
eBay is urging its 145 million customers to change their passwords following a cyber-attack on a company database that compromised encrypted passwords and other personal information. Learn how and when the attack originated.
There are a number of reasons why the U.S. government indicted five Chinese army officers for hacking American corporate computers to steal intellectual property. Bringing the assailants to justice isn't one of them.
A group of noted cryptographers, academics and business leaders will provide an independent assessment of the way the National Institute of Standards and Technology develops cryptographic standards and guidelines.
The Federal Reserve will make recommendations this summer for how the United States could launch a "fast-payments" system with enhanced authentication, says Kirstin Wells of the Federal Reserve Bank of Chicago.
Security executives who attended ISMG's Fraud Summit Chicago said they see a growing need for sharing more cyber-intelligence with community banks and credit unions. But how else could smaller institutions improve their fraud-fighting efforts?
Class action lawsuits that banking institutions filed against Target Corp. in the wake of the retailer's massive breach are being consolidated. The suits seek recovery of expenses, such as the cost of re-issuing affected payment cards.
Organizations looking to build a better breach response strategy need to emphasize the basics, including ensuring they have a well-qualified response team in place, security experts, including attorney Ron Raether, advise.
Consumers around the world aren't overly concerned about Internet security, perhaps because they've experienced fatigue from the oversaturated media coverage of data breaches, Unisys Chief Information Security Officer David Frymier says.
In the wake of large-scale breaches against retailers, including Target, the Retail Industry Leaders Association has launched an information sharing center in an effort to strengthen defenses against cyber-attacks.
Conventional wisdom dictates that the high demand for IT security practitioner would cause salaries to rise, perhaps significantly. But a new study by SANS shows only a slight fattening of paychecks for many IT security professionals.