Many medical device makers appear to building better cybersecurity into their products, but some manufacturers are still avoiding fixing vulnerabilities in legacy devices that pose potential safety risks, says security researcher Billy Rios, who discusses the latest flaws in some Medtronic cardiac devices.
As the HIPAA security rule turns 20, it's time for regulators to make updates reflecting the changing cyberthreat landscape and technological evolution that's happened over the past two decades, says security expert Tom Walsh.
Hubris has a new name: Bitfi. The cryptocurrency wallet-building company, backed by technology eccentric John McAfee, earned this year's not-so-coveted Pwnies Award for "Lamest Vendor Response" for how it mishandled security researchers' vulnerability disclosures. Bitfi has promised to do better.
PSD2 requires European banks to provide communication interfaces to Third Party Providers (TPPs). These interfaces, generally referred to as APIs, will allow TPPs to build innovative financial services on top of the services provided by banks.
Download this white paper and learn about:
The PSD2 requirements for...
A leading mobile-based financial services company sought out fraud prevention tools. In the past, fraudsters used that company's customer accounts to funnel money via stolen identities. But with advanced device fingerprint technology, the company could detect multiple accounts created from the same device and suspend...
Over the past year, financial services organizations have seen an 87% increase in credential leakage, 149% increase in stolen credit cards, 151% increase in cyberattack indications and 49% increase in fake social media accounts. In addition, state-sponsored APT groups (with little to no financial motivation) have...
RSA's most recent Quarterly Fraud Report shows that "newsjacking" is increasingly empowering phishing attacks, says Angel Grant, RSA's director of identity fraud and risk intelligence. The report also shows a continuing surge in mobile app fraud.
For at least the third time in recent months, a mobile fitness app maker apparently has exposed consumers' sensitive personal information. The latest app to expose data: PumpUp.
Following reports about U.S. companies that enable government and other users to access real-time tracking information for all major U.S. wireless carriers' subscribers, provider Securus Technologies has reportedly been hacked, while LocationSmart has fixed a data-exposing flaw.
Since mobile banking usage is set to grow exponentially, banks must overcome structural challenges and
reconcile consumers' appetite for ease of use with the desire for greater security.
There are a growing number of fintech startups that have been able to overstep the legacy cost structures
and regulatory...
One of the leading mobile-based financial services targeted at millennials approached Simility to help fight fraud. Simility provided an end-to-end solution which included customized models for their specific needs.
Fraudsters were using the company's customer accounts to funnel money via stolen identities. But...
Businesses across the UK and Europe spend billions each year on identity and access management, but almost all of this money is spent on protecting the digital identities of humans - usernames and passwords.
On the other hand, businesses spend almost nothing on protecting machine identities, even though our entire...
The definition of "machine" is undergoing radical change. The number and type of physical devices on enterprise networks has been rising rapidly throughout Europe and the UK, but this is outstripped by the number of applications and services they host.
At the same time, cloud adoption has spawned a tidal wave of...
Businesses spend billions each year on identity and access management, but almost all of this money is spent on protecting the digital identities of humans - usernames and passwords.
On the other hand, businesses spend almost nothing on protecting machine identities, even though our entire digital economy hinges...
Technology, regulations and customer expectations all have evolved, but what does this mean for how organizations secure identities?
This evolution has proven to be a two-sided coin, particularly for financial institutions. It's not only allowing financial institutions to offer new, innovative products where...
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