Information Security Media Group recently hosted a Twitter chat on the latest fraud trends featuring analyst Avivah Litan, director of research at Gartner, Read the entire transcript of the #ISMGprotalk Twitter chat.
Internet hygiene is not up to par, say cybersecurity experts Tom Kellermann and Rod Rasmussen, who explain why bad hygiene has led to increased botnet traffic and malware infections.
For the first time in its decade-long history, the Federal Reserve's triennial Payments Study includes fraud data. The Fed's Jim McKee says these findings set a baseline about U.S. card fraud trends.
No question, the information security community - and all of us at ISMG -- lost a friend with the untimely death of Terry Austin, CEO and President of Guardian Analytics.
An incident involving hackers posting false "news" on The Wall Street Journal's Facebook page demonstrates again why organizations must ramp up efforts to protect social media accounts to avoid reputational harm.
If ever we could say banking institutions are mad as hell and not going to take it anymore ...
In the wake of the Target, Neiman Marcus and other retail breaches, banking/security leaders clearly feel abused and frustrated - and they want to see changes in how merchants conduct and process secure payments. This is...
One month after an international law enforcement effort targeted the Gameover Zeus banking Trojan, new versions of the malware are being distributed via spam campaigns.
Mobile banking continues to gain momentum, growing faster than any other delivery channel to date. Many financial institutions want to expand capabilities in the mobile channel, but are concerned about security. Given the evolving threats, mobile innovation has outpaced the industry's appetite for deploying new...
Cybercriminals are stepping up their attacks on financial institutions by gaining control of customer devices with highly advanced man-in-the-browser (MitB) malware and spear phishing attacks. They then conduct real-time credential theft and take over accounts. The main reason for cybercriminals' continued success is...
The malware industry supplies all the components cybercriminals need to easily perpetrate malware-driven financial fraud and data theft. In today's virtual world, the scope of organizations vulnerable to malware-driven cybercrime is quite broad. In addition to banks and credit unions that are subject to online banking...
Financial institutions, commercial enterprises and government organizations are all prime targets for cybercrime. Malicious software, or malware, is the primary attack tool used by cybercriminals to execute account takeover attacks, steal credentials and personal information, and initiate fraudulent...
Consumers see the advantage of accessing banking capabilities from their mobile device. However, today's mobile devices lack security to stay ahead of the evolving mobile threat landscape. Cyber criminals will continue to target the mobile channel with sophisticated attack techniques and new emerging techniques in the...
Poor Internet hygiene, not increased cybercrime, is what's really to blame for the increased botnet traffic the online world is battling, say cybersecurity experts Tom Kellermann and Rod Rasmussen.
Security researchers say the international takedown of the Gameover Zeus botnet and servers for CryptoLocker ransomware will have a positive short-term impact, but they warn the threats could quickly re-emerge unless key steps are taken.
eBay is urging its 145 million customers to change their passwords following a cyber-attack on a company database that compromised encrypted passwords and other personal information. Learn how and when the attack originated.
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