More than 90 individuals have been arrested for their alleged involvement in the creation, distribution and use of BlackShades malware. The two-day roundup operation took place in 16 countries.
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.
Belgian and Dutch judicial and law enforcement authorities have arrested 12 individuals involved in a voice-phishing scheme that collected millions of euros from Belgian victims and banks.
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.
The UK Information Commissioner's Office says that neglecting to keep software security up to date and failing to encrypt online communications are among the top cybersecurity vulnerabilities at government and private-sector organizations.
To address new features and new threats, the National Institute of Standards and Technology has revised its guidance for transport layer protocol. Learn about the recommendations for protecting data during transmission.
Today's cybercriminals are perfecting the use of advanced-persistent-threat attacks to pilfer valuable information from precisely targeted victims, says Greg Day of security provider FireEye.
Third-party risks and the Fed's plans for emerging payments will be highlighted at ISMG's Fraud Summit Chicago on May 14. How banking institutions and retailers are expected to respond to new risks posed by external parties will be a focus for our keynote panel.
Card breaches at retailers such as Target and Neiman Marcus will likely be catalysts for improved cyberthreat intelligence and information sharing across the banking and retail sectors, says Mike Braatz of ACI.
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