How could 18 people pull off an alleged international bank fraud scheme involving 25,000 fake cards and $200 million in losses? One expert tells how banks can bridge the gaps that hide such scams.
What are the two newest malware strains discovered by researchers at Trusteer and Kaspersky? And how do these exploits challenge the way banking institutions currently detect and prevent online fraud?
Outsourcing to the cloud poses new risks, especially for card data. The PCI Council addresses those risks in its just-released cloud security guidance, and Bob Russo offers exclusive insights.
The compromise of hundreds of payment cards, apparently tied to fraud worldwide, has been linked to a network hack affecting an Arizona supermarket chain. And the attack involved a new kind of malware, the chain says.
Visa has warned U.S. payment card issuers to be on the lookout for global ATM cash-out fraud. What are the signs banking institutions should monitor to help detect, prevent and report these schemes?
Banks have improved DDoS defenses, but ensuring ongoing online reliability requires a more offensive measure - one that rids the Internet of vulnerable sites that can too easily be used for bot traffic.
As the Zaxby's restaurant breach investigation begins, the high-profile point-of-sale breach involving Subway restaurants has ended in a prison sentence for one of the four accused Romanian fraudsters.
The latest breach impacting card data: Zaxby's restaurant chain says computer and POS systems infected with malware and other suspicious files may have exposed account information at 108 locations.
In this newest banking fraud scheme, fraudsters use the customer service chat feature within the online banking platform to schedule fraudulent wires. How can institutions detect and prevent this scam?
Mobile attacks are on the rise, and banking institutions need stronger authentication and better defenses against out-of-band compromises. But what else should banks be doing in 2013? Experts weigh in.
Global Payments Inc. says its 2012 data breach has cost the payments processor $93.9 million. What is the breakdown of these expenses, and how has the breach impacted the company's business?
When it comes to mobile security, users say the right things, but still indulge in risky behavior. Javelin's Al Pascual tells how security leaders can create better partnerships and practices in 2013.
Eurograbber is more than just another banking Trojan. It's an exploitation of fundamental online banking authentication practices that could strike any institution, says Check Point's Darrell Burkey.
How do we provide mobile applications to our users that fulfill their need for immediate access, but also provide them with assurance that their information is safe? Here are four fundamentals.
The future of security in payments remains unclear, says Nicolas Vedrenne of the Merchant Risk Council. But international collaboration will be critical, especially as infrastructures merge.
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