When it comes to describing the top fraud threats to UK financial institutions, it's all about compromised identities and credentials, says John Marsden of Equifax. How can organisations prove their customers are who they say they are?
The FBI calls and notifies you of a payment card breach, and every compromised card is linked to a transaction with your organization. Quickly: Who stole the data? How did they get access?
Register for this session to participate in a mock payment card breach investigation using Dell Software's IT Security Search....
As U.S. ATM operators face MasterCard's Oct. 21 EMV liability shift deadline, a surge in explosive attacks against European ATMs is a reminder that anti-fraud features won't block all money machine crime.
As the cost of cybercrime escalates across all industries, banks are suffering the most. Banks are paying particular attention to payment fraud through online and mobile channels - wire transfer fraud has more than doubled year over year and 73% of organizations experienced payments fraud in 2015. (AFP 2016 Payment...
Fashion accessories retailer Vera Bradley says its payments processing system was compromised by a malware attack. The retailer says card transactions conducted between July 25 and Sept. 23 at some of its 35 locations may have been affected.
A Michigan credit union's bold move to block members from using their payment cards at all Wendy's locations following a malware attack won't do much to stop fraud. But it does send a strong message that the financial institution doesn't think Wendy's has done enough in its efforts to protect customers.
Markus Jakobsson, Chief Scientist at Agari, has released a new book focused on socially-engineered schemes. What are the key takeaways, and how can security leaders improve their abilities to fight back against the schemers?
A new kind of malware for Mac OS X has been linked to Fancy Bear, the Russian group suspected of hacking the DNC and the World Anti-Doping Agency. But the malware only poses a low risk to users, experts say.
Want to build a cybercrime empire predicated on selling stolen payment card data? Here's how carder forum Vendetta Network blends outsourcing, partnerships and best-of-breed tools to maximize profits while minimizing risk.
Social engineering is the lever that fraudsters are using to penetrate organizations and commit big-dollar crimes - and no amount of anti-virus protection is going to defend against these sophisticated targeted attacks. How prepared are you to defend against social engineering attacks such as spear phishing, business...
A new cyberattack trend report from Europol notes that while online criminals continue to refine their capabilities, old and unsophisticated attacks too often still succeed, thanks to poor digital hygiene and a lack of security by design and user awareness.
In the wake of this week's rollout by NACHA, The Electronic Payments Association, of same-day ACH payments in the U.S., fraud departments at originating and receiving banks should be bracing for the new risks posed by faster payments, says NACHA's Jane Larimer, who offers insights on steps to take.
As the U.S. ramps up its migration to EMV chip payments over the next three to five years, fraudsters will shift their attention to mobile wallets, says Al Pascual of Javelin Strategy & Research, who describes why in this video interview.
The more than 11,000 financial institutions that use the SWIFT interbank messaging network must annually prove they comply with its new cybersecurity standards or face being reported to regulators and business partners.