Extortionists and "free agent" rogue insiders have emerged as the top two most malicious cybercrime threats to banking institutions, says Gartner's Avivah Litan. How should institutions bolster their defenses?
The Internal Revenue Service says cyber thieves may have accessed as many as 334,000 taxpayer accounts in a breach of its Get Transcript system, far more than the 114,000 accounts it originally estimated in May.
As the Department of Defense embarks on a multi-billion dollar project to overhaul its EHR system, supporting millions of military personnel, there are critical privacy and security challenges to be tackled.
The 30-day Cybersecurity Sprint overseen by Federal CIO Tony Scott has crossed the finish line, but in reality, it looks more like a starting gate to a marathon to get the federal government to secure its battered IT.
Visa's Eduardo Perez says one of the key merchant vulnerabilities his company is most concerned about is weak remote-access controls for point-of-sale systems and devices. He offers risk mitigation advice in this exclusive interview.
At a hearing on the role the Interior Department played in a recent breach at the Office of Personnel Management, the Interior deputy inspector general painted a picture of how a hacker might have breached the agency's computer system.
MasterCard is testing a smartphone app that lets users approve online transactions using facial recognition, via the equivalent of taking a selfie. But could such technology be spoofed, and will it reduce card fraud?
Financial services firms are increasingly applying contextual security tools to help identify fraud more quickly. But a shift to continuous authentication will provide even better security, says Vasco's Jan Valcke.
Inspector General Russell George says hackers would have had a tougher time breaching the IRS "Get Transcript" system if the agency had implemented IG recommendations, but he stops short of saying the safeguards would have prevented the hack.
The norm today is a set of customers with multiple identities that interact with your brand across many channels. With that comes the challenge of serving that customer with a fluid experience across every channel.
We're just beginning to get the customer experience right across multiple channels; those channels we...
The method the Internal Revenue Service used to authenticate users, which failed to keep sophisticated hackers from breaching a taxpayer-facing system, has been widely criticized by cybersecurity experts.
The superintendent of the New York State Department of Financial Services says he hopes to propose new cybersecurity regulations by the end of this year that address third-party risks and may require banks to use stronger user authentication.