Yet another study reveals that millions of people are picking weak passwords, with "123456" remaining our collective favorite. Rules requiring stronger passwords and not forcing passwords to expire both could help boost security.
Seven state insurance commissioners conclude in a new in-depth report that the massive cyberattack on Anthem Inc. was carried out by a hacker on behalf of a nation-state. But they stop short of naming the nation involved or penalizing Anthem for the breach that affected 80 million.
Will more "historical" breaches be revealed in 2017 and beyond? Data breach expert Troy Hunt is optimistic that such revelations will become rare as large businesses operating online continue to improve security. But what about small and mid-size organizations?
In this special edition of the ISMG Security Report, DataBreachToday Executive Editor Mathew Schwartz discusses the Russian groups behind damaging hacks against the U.S. and Strategic Cyber Ventures CEO Tom Kellermann details cyberthreats posed by the West's nation-state adversaries.
Hacks sponsored by nation-states and attacks fueld by IoT-powered botnets are just some of the daunting threats we will see in 2017, says cybersecurity thought leader Tom Kellermann. What are his top predictions, and how should security leaders respond?
How Are Leading Institutions Finding the Balance Between Effective Cybersecurity and a Seamless Customer Experience?
It's every banking institution's quandary: How do you introduce the right cybersecurity controls to protect customer accounts and transactions - but without introducing new hurdles that might...
The financial sector continues to be a prime target for highly sophisticated, customized attacks. The SWIFT money transfer system recently came under attack resulting in an $81 million heist of the Bangladesh Bank. This number pales in comparison to an estimated $1 billion stolen from over 100 banks worldwide by the...
The emergence of contactless chip payments on mobile phones is changing the way transactions are authenticated and secured, Jeremy King of the PCI Security Standards Council explains in this audio interview.
Following the government's recent demonetisation initiative, the RBI has announced removal of its two-factor authentication requirement for low-value card-not-present transactions. But some critics fear the move, designed as a catalyst for cashless transactions, could lead to an increase in fraud.
As fraudsters continually refine their techniques to steal banking customers' credentials, IBM fights back with new tools that use behavioral biometrics and cognitive fraud detection. IBM's Brooke Satti Charles offers a preview.
Will the advent of faster payments in the U.S. open new doors for fraud? Business continuity and security are priorities for the Federal Reserve, says Marianne Crowe of the Boston Fed. But independent consultant Richard Party begs the question: Is the U.S. really ready?
Russian hackers may think twice before traveling outside the country for a vacation in light of the arrest of alleged 2012 LinkedIn hacker "Yevgeniy N." by Czech police at a restaurant in Prague earlier this month.
The National Automated Clearing House Association (NACHA) issued a new directive to catch up with evolving payment processing trends for financial institutions around the world. These changes will allow banks to make clearance of payments faster, improving the customer experience, but open the door to potential fraud....
The breach of porn site Brazzers - which allows users to swap fantasies in online forums - begs the question of how many users employed throwaway usernames and passwords. Some 1,446 U.S. military and 41 U.S. government email addresses were found in the data dump.