Another organized cyber-attack and subsequent cash-out scheme illustrates increasing risks to the U.S. payments chain. One fraud expert says this trend "is of grave concern" for banking institutions and their accountholders.
The participation of Microsoft and other software vendors in an operation to take down 1,400 Citadel botnets illustrates why more public-private collaboration is needed to tackle emerging cybercrimes, operation participants say.
The FDA has issued draft guidance urging medical device makers to develop cybersecurity controls. It has also released tips for how healthcare organizations can mitigate cybersecurity risks to devices.
Financial fraud expert Joe Rogalski explains why card issuers are ultimately responsible for losses linked to ATM cash-out schemes, like the $45 million worldwide cyberheist that made headlines last month.
As they develop mitigation strategies, organizations must keep in mind that all cyber-attacks, ranging from DDoS to phishing, ultimately aim to compromise data - and they virtually all are advanced and persistent.
How could global fraudsters steal $45 million from banking institutions without being detected or stopped? It was a process breakdown, not a technology failure, says fraud expert Avivah Litan of Gartner.
When President Obama comes face to face with China's President Xi Jinping, don't expect the American commander in chief to present an ultimatum over Chinese cybersecurity assaults on critical U.S. IT systems.
Authorities have shuttered a digital currency service allegedly used to launder funds stolen in a $45 million ATM cash-out scheme exposed earlier this month. Learn why experts say lax laws paved the way for the fraud.
Attacks aimed at mobile devices are progressing much more rapidly than any attacks ever waged against PCs. Organizations are in danger if they don't pay attention, says anti-phishing expert Dave Jevans.