As the recent PATCO case shows, fraud litigation is moving away from just establishing damages. The key legal question now is: What is reasonable security? Attorneys discuss the 2013 fraud legal landscape.
The arrest of 10 individuals allegedly tied to a global phishing scheme that exploited Facebook is good news. But experts say banking institutions need to push stronger security and authentication to protect accounts.
Eurograbber got banks' attention after compromising out-of-band authentication in Europe. But researchers say it's the knowledge of the hackers behind the attack, not the Trojan, that's most concerning.
Absent a uniform method, the NIST interagency report investigates credential revocation, focusing on identifying missing requirements, and suggests a model for credential reliability and revocation services that addresses those missing requirements.
The PATCO fraud dispute could have been settled in 2009, says co-owner Mark Patterson. Why did the case drag on, and what can banking institutions and fraud victims learn from PATCO's recent settlement?
A new banking Trojan known as Gozi Prinimalka, which researchers say has been targeted to hit at least 30 U.S. institutions, can circumvent many fraud-detection and prevention defenses. So what prevention steps should financial institutions take?
A wave of distributed denial of service attacks on banks raises the question: Should the owners of the nation's critical information infrastructure, when assessing risk, be held to a higher standard because society relies on them to function?