Jenny Durkan, the U.S. Attorney for the Western District of Washington, is taking a lead role in combatting cyberfraud. Under her leadership, federal prosecutors have upped their efforts to combat ever-increasing threats posed by digital crimes, including card fraud.
U.S. banks are well-aware of the fraud vulnerabilities magnetic-stripe cards pose, yet few have made moves toward chip technology. The time for stalling is over.
Heartland Payment Systems, which suffered a massive breach in 2009, is working to enhance POS security at the merchant level. What steps is this processor taking, and what role would it like to see card-issuing banks play?
Where are banks and credit unions making their biggest investments to fight fraud? See what banking executives and others have to say about emerging trends.
Banking institutions are making technology strides to fight fraud. But how will emerging channels and services, such as mobile payments, impact these investments?
Two men have been sentenced for defrauding accountholders whose debit cards were compromised in the Michaels point-of-sale breach that hit stores in 20 states. What was their role in an elaborate fraud scheme affecting nearly 100,000 accounts?
Global Payments Inc. says its data breach investigation is complete, and so far the incident has cost the company $84.4 million. What's next for the payments processor as it recovers from this breach?
Security personnel should be required to prove not only that they know how to do things right, but also that they know how to do the right thing. They must demonstrate commitment to ethical behavior.
In the latest update, much was left unsaid about the Global Payments data breach. And if I were a Global customer or card-issuing entity, I'd have some serious follow-up questions.
A small point-of-sale attack in Kentucky points to a larger fraud trend impacting banks and customers. What are "micro attacks," and how can institutions help prevent and detect them?
Global Payments this week plans to provide updates about the systems breach that it discovered in March. Learn about the details, including the potential financial impact, that the processor plans to share.
Blaming developers for application security problems is the wrong thing to do. Here are five reasons why application security development fails in the software development ecosystem of many companies.
Aleksandr Suvorov, linked to Heartland Payment Systems hacker Albert Gonzalez, was sentenced for his role in schemes involving Dave & Buster's restaurants and more than 240,000 stolen credit card numbers.
How well do U.S. financial institutions conform to the FFIEC Authentication Guidance? One regulatory agency discusses the state of conformance and what its examiners have learned from institutions.
A successful organization in today's business world has most likely cultivated a "brand." Have you ever thought about creating your own brand to enhance your career?
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