Card-not-present fraud rates in the U.S. have not skyrocketed like some experts predicted in the wake of EMV, according to Visa. And Visa's Margaret Reid says that's likely because most large e-commerce merchants in the U.S. are using sophisticated fraud prevention tools that have so far kept fraud rates at bay.
Good news for Microsoft Windows users: The Equation Group exploit tools dumped this month by Shadow Brokers don't work against currently supported versions of Windows, largely thanks to patches Microsoft released in March. But who tipped off Microsoft?
An increase in unemployment isn't always a bad sign. It could reflect that more people are entering the workforce and looking for work, but have yet to land jobs. Could that be happening with IT security practitioners?
Mayra Koury wears a lot of hats at $2 billion Tech Credit Union in San Jose. One of them is fraud investigator. Hear how she single-handedly staked out the institution's ATMs and helped law enforcement catch a skimming fraudster in action.
Many media outlets have suggested that the recent arrest of a Russian computer programmer ties to the 2016 U.S. presidential election meddling blamed on Russia. But the only source for this supposed connection traces to a Russian propaganda arm that's been blamed for participating in said meddling.
MeitY has issued draft rules to develop a security framework for prepaid payment instruments following the government's drive toward cashless transaction. Security leaders offer suggestions on the essential security controls.
A North Korean IP address has turned up in an investigation by Kaspersky Lab into attacks against banks' SWIFT systems. The finding is a strong indication that the Lazarus hacking group may be run by North Korea.
The latest edition of the ISMG Security Report leads off with an interview with the co-editor of a new book, Inside Threat, who uses examples from the physical world that can be applied to the virtual world. Also, organizations fall short on offering identity protection services.
The Indian government's move to demonetize high-value currency has given impetus to online and card transactions, creating new challenges for ensuring cashless transactions are secure, says Dr. A.S. Ramasastri, director at the Institute for Development and Research in Banking Technology.
The FBI recently warned that hackers are targeting FTP servers run by healthcare organizations in order to obtain medical records. New statistics show more than 750,000 FTP servers can be accessed anonymously worldwide.
The U.S. Justice Department is reportedly preparing to charge multiple "Chinese middlemen" with helping to orchestrate the $81 million Bangladesh Bank heist on behalf of North Korea. Security experts have long been reporting that the attack code and tactics appear to trace to North Korea.
RBI has mandated that all banks migrate to Aadhaar-based biometric authentication for electronic payment transactions by June 30. But some information security experts question whether the the technology can handle the potential volume of transactions.
With ransomware attackers having already launched attack code with themes ranging from horror movies and Pokemon to Hitler to cats, it was only a matter of time before they decided to beam Star Trek's Kirk and Spock direct to would-be victims' PCs.
McDonald's home food delivery app in India leaked sensitive personal information relating to 2.2 million users. But the restaurant giant only addressed the insecure API after a researcher went public one month after informing McDonald's about the problem.