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.
Coming soon to an internet service provider near you: routers infected by IoT device botnet-building malware such as Mirai. The latest victim is ISP TalkTalk, which is updating routers to block DDoS attackers who have been seizing control of the devices.
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.
The Internet Archive, a pioneering 20-petabyte digital repository, is raising funds to replicate its data in Canada. The group's founder fears that the election of Donald Trump as the next U.S. president portends an uncertain privacy rights future.
The success of Operation SAMBRE, a global cybercrime investigation into the theft of billions of dollars from banks throughout the world, proves why information sharing between law enforcement and the private sector is key to battling cybercrime.
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.
A search warrant executed earlier this year gave authorities the power to force occupants of a Los Angeles-area house to unlock devices with their fingerprints, casting doubt on biometric defenses.
Dropbox says its security has come a long way since 2012, when attackers stole 69 million login credentials. Its systems are now designed to resist and counter a breach to minimize impact on users.
Have you been the target or victim of ransomware-wielding attackers? The FBI wants individuals and businesses to report ransomware attacks to help it better pursue, disrupt and potentially arrest suspects.
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.
To the annals of super-bad historical mega breaches that no one knew about, add two new entries: Dropbox and Last.fm. Hackers reportedly stole tens of millions of usernames and passwords from each in 2012.
Passwords' days are numbered as businesses attempt to deliver a better user experience to their online customers, as well as apply better identity management practices, says CA's Paul Briault.
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