Visa has agreed to increase the reimbursement paid to banking institutions that must reissue cards in the wake of a merchant breach. Now the smaller card issuers, such as community banks, are getting paid the most.
The British government rewrote the country's computer abuse law in March to shield law enforcement and intelligence agencies from being prosecuted for hacking. The move, which just came to light, appears to have been driven by a legal claim.
Caffeine junkies are up in arms over reports that criminals have been targeting their Starbucks account balances. But the real story is poor password-picking practices by consumers, and Starbucks' lack of multi-factor authentication.
Wanted: Hackers for hire. Or in British government parlance: "Committed and responsible individuals who have the potential to carry out computer network operations to keep the U.K. safe." Ready to apply?
The FBI is offering a big-stakes reward for an alleged criminal who ranks at the top of its "cyber most wanted" list. But one cybercrime expert asks: "Would you cross the Russian mafia or some organized crime gang for $3 million?"
The chief privacy officer's role has changed considerably, particularly in response to today's cyberthreats. As a result, CPOs at banking institutions need to be collaborators, designers, gatekeepers, teachers and more.
A judge's decision to allow MasterCard's settlement with Target to stand isn't likely to be appealed and could discourage banking institutions, some experts say, from continuing to pursue a breach-related class-action lawsuit they filed against the retailer.
Britain's Tory party has secured a majority in Parliament, which means the country will soon see a new legislative agenda. Here are some of the information security, privacy and surveillance initiatives to expect in the coming months.
A federal appellate court decision that the National Security Agency's bulk data collection program is illegal could have sweeping ramifications beyond derailing the initiative to amass the metadata of Americans' telephone calls.
A federal appeals court has ruled that the National Security Agency's collection of metadata of Americans' telephone calls is not authorized by the Patriot Act. What impact with the decision have on the Congressional debate about NSA practices?
The House Judiciary Committee, in passing a tailored bill to end the NSA's bulk collection program of phone records, rejected amendments to expand privacy reforms to other government surveillance initiatives.
A class-action suit filed by U.S. banks and credit unions that's pending against Target could prove fruitful for the banks and credit unions, says attorney Chris Pierson, chief security officer at invoicing and payments provider Viewpost.
The buzz at RSA could be felt beyond the session rooms, not least in the Expo Hall, with demonstrations that tapped Google Cardboard and offered an array of enticing tchotchkes - including selfie sticks and sharks with laser pointers on their head.