New exploits linked to Apple Pay aren't compromising the mobile device's security, but instead are taking advantage of lax authentication practices used by banking institutions to verify cards that are loaded to the iPhone for Apple Pay purchases.
Financial services firms, especially in the banking industry, are constantly faced with security threats from cybercriminals who use DDoS attacks, malware, phishing and other methods to try and steal sensitive customer data, commit fraud and identity theft. Security breaches are a strategic risk to financial...
Authorities have disrupted a botnet that was serving up the Ramnit banking malware, which has infected 3 million PCs worldwide. But information security experts warn that the disruption will likely be temporary.
ITSERT's Rajan Raj Pant discusses the formation of ITSERT-NP to address Nepal's security challenges. How will the public-private partnership model be leveraged to create a central platform for cybersecurity?
A British/American intelligence team hacked Gemalto - the world's largest SIM manufacturer - and stole encryption keys that can be used to intercept and eavesdrop on cellular communication, according to a news report citing leaked documents.
Cybercrime is on the rise. To combat it, GTU is launching e-Raksha Research Centre - a public private partnership initiative. The spin-off is also aimed at growing the capacity of InfoSec professionals.
Is your organization running its anti-malware defenses properly? Don't be so sure. A new study finds that essential features built into anti-virus software are not always being used. From an information security standpoint, that's a serious problem.
Extradited Russian national Vladimir Drinkman, who's been charged with masterminding the largest-ever hack attack in U.S. history, this week pleaded not guilty in U.S. federal court to 11 charges relating to the theft of 160 million payment cards.
A team of hackers has been operating since at least 2001, wielding malware that even today is among the most advanced attack code to have ever been discovered, according to a new study. Security experts are debating whether the NSA could be involved.
As cybercrime grows, Section 66A of India's IT Act is under scrutiny of the court, government and security leaders. Some experts say it requires amendments to ensure correct interpretation and implementation.
Despite commitments by leading payment card brands to enhance security, some critics say the White House cybersecurity summit produced no specifics for how the public and private sectors will curb cyber-fraud.
The Anunak/Carbanak gang continues to rob financial services firms and retailers, in part with ATM malware. A new report says the cybercrime gang has stolen up to $1 billion from banks in Russia, the U.S. and beyond.
The Anthem breach, which possibly started with a phishing campaign, is a prime example of how hackers are perfecting their schemes to target key employees who have access to valued information, says Dave Jevans of the Anti-Phishing Working Group.
Mobile capture is quickly becoming an important differentiator for many companies and organizations, especially those in traditionally document-intensive fields like banking, insurance, healthcare and government operations. According to a 2014 study conducted by AIIM, 45% of companies feel that mobile capture is...
PINS can effectively reduce card-not-present as well as card-present fraud, argues Liz Garner of the Merchant Advisory Group, who will be a featured speaker at Information Security Media Group's upcoming Fraud Summit Los Angeles.
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