A White House working group exploring big data and privacy has proposed that Congress enact a national data breach notification law and strengthen the government's role in cybersecurity.
Using technology to devalue card data, and leveraging data analytics, are essential to efforts to crack down on fraud, Visa's Ellen Richey said in her keynote presentation at the San Francisco Fraud Summit.
Scores of banking/security leaders gathered at the SF Fraud Summit to learn from the nation's leading experts on topics such as account takeover, big data analytics, insider risks and payment card fraud.
The recent Verizon Data Breach Investigation Report notes more than 16,000 incidents in the past year where sensitive information was unintentionally exposed. "Nearly every incident involves some element of human error," the report notes.
The fact that the U.S. federal government would, under some circumstances, exploit software vulnerabilities to attack cyber-adversaries didn't perturb a number of IT security providers attending the 2014 Infosecurity Europe conference in London.
The Consumer Bankers Association doesn't have an official stance on lawsuits that have been filed by banks against breached retailers, but the association's David Pommerehn says the CBA does support banks' rights to recover losses.
Despite the European Union Parliament's recent endorsement of a proposed rewrite of Europe's vaunted privacy rules, the rewrite remains stalled, and the situation likely won't be resolved this year.
The Target breach. Account takeover. Mobile banking. Big data analytics. If these terms mean anything to you, then stop right now and give some thought to attending our Fraud Summit in San Francisco on April 29.
There's a ton of event content to choose from at Infosecurity Europe 2014, which runs from April 29 through May 1, and here are some of the sessions that caught one editor's eye.
Two weeks after the launch of Heartbleed.com, traffic to the site remains strong and tweets still flow at a brisk pace. Site creator Codenomicon is helping IT practitioners to mitigate the OpenSSL flaw - and attracting customers, too.
Three years ago, trust on the Internet - or the lack thereof - focused, in part, on the faceless hacking groups such as Anonymous and LulzSec. Today, we have a face for this lack of trust, and it looks a lot like Uncle Sam and a Chinese Red Army cybersoldier.
In the wake of recent high-profile retail breaches, the PCI Security Standards Council is supporting a move toward chip card technology that conforms to the Europay, MasterCard, Visa Standard, says General Manager Bob Russo.
President Obama has reportedly decided that the government shouldn't exploit encryption flaws, such as Heartbleed, in most instances unless there's "a clear national security or law enforcement need." But how should that need be determined?
A DDoS attack against Ellie Mae, which provides technologies to mortgage originators, comes just as banking regulators issue a reminder about the risks associated with such attacks. Experts offer risk mitigation insights.
In many if not most enterprises, the chief information security officer reports to the chief information officer. After all, enterprises cannot function without IT, and security is a support function to safeguard data and systems. Or is it?
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