Many corporate boards of directors in India have made progress in recognizing cybersecurity as a priority. But clearly, they still have a lot of work to do. Panelists at a recent ISMG summit in Bengaluru offer insights.
Criminal gangs have been hitting e-commerce sites hard lately by injecting their malicious code to "skim" customers' payment card details. In a recent twist, Malwarebytes spotted a malicious iFrame that steps in front of the normal payment process to intercept card details.
At this week's Information Security Media Group Fraud & Breach Summit in Bengaluru, India, national cybersecurity coordinator Lt. Gen. (retired) Rajesh Pant spoke about the challenges facing the country over the coming years.
Vipin Surelia, Senior Director-Risk Services, Visa leads the India and South Asia team that ensures the safety and security of the VISA network, as well as internal and external products and services, including business continuity.
In this exclusive interview, Surelia will sit for a "fireside chat" interview in...
The Reserve Bank of India has called for a self-regulation approach for the fintech industry to help ensure data security. "There is a need for a self-regulatory governance framework to foster best practices on important aspects like security," an RBI official says.
Over the years, the Federal Reserve has worked alongside the industry to pursue real-time, safe, highly secure, efficient, broadly inclusive and ubiquitous payment services in the U.S. The U.S. payments and fraud landscape continues to shift as technology evolves and new risks emerge. During this session, attendees...
A new skimmer attack that has injected malicious JavaScript into the payment sections of 105 ecommerce websites is stealing credit card and other customer data, security researchers warn. The news comes after another recent report of similar attacks against online campus stores.
JavaScript sniffers, which are used to skim credit card and other customer data from e-commerce websites, are a persistent threat.
In the latest incident, an attack targeted about 200 online campus stores in the U.S. and Canada, Trend Micro reports. But this attack apparently was waged by a new group.
Russian national Anton Bogdanov has been charged with stealing more than $1.5 million from the Internal Revenue Service via a tax return fraud scheme. He was arrested last November while on vacation in Thailand, at U.S. request, and subsequently extradited.
The Reserve Bank of India is proposing that financial technology firms be allowed to test new products and services that might require the relaxation of certain compliance regulations in what's called a "regulatory sandbox" approach.
Machine learning is one of the tools that you should be using as part of a multifaceted fraud strategy at financial institutions. To get value out of ML, you need to have multiple inputs. You have to have an intelligence network and the location to gather all that network intelligence.
Download this eBook on the...
FIN6, a cybercrime group that has focused on attacking point-of-sale devices to steal credit card numbers, now also is waging ransomware attacks that target businesses with either LockerGoga or Ryuk, according to a new analysis from security firm FireEye.
JavaScript sniffers - specialized malware that skims credit card information and other data from online shopping - are becoming far more prevalent, with several cybercriminal groups using the malware to target victims all over the world, a new analysis by security firm Group-IB finds.
Ex-black hat Alissa Knight recently joined Aite Group's new cybersecurity practice, and among her first tasks: a hard look at the security of major financial institutions' mobile banking apps. The results may surprise you.
Do real-time payments inevitably lead to real-time fraud? Debra Geister of NICE Actimize describes some of the fraud challenges of moving to faster payments.
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