A new breach reported by Heartland Payment Systems won't get much attention. But this incident could be more damaging to the undisclosed number of consumers affected than was Heartland's 2008 payment card breach.
In the wake of the breaches suffered by JPMorgan Chase, Sony and Anthem, attack attribution and information sharing are playing more prominent roles for banking leaders, and they will be key discussion points at the upcoming RSA Conference 2015 in San Francisco.
A banking regulator's comments about the need for retailers to bear responsibility for card breaches are outdated. Merchants aren't to blame for our broken payments system. Rather than point fingers, regulators need to offer stronger leadership.
An upcoming series of summits on fighting financial fraud and mitigating advanced persistent threats will provide timely insights from industry thought leaders on the critical steps to take to address emerging risks.
A recent interview about why retailers say EMV without the PIN is a fruitless fraud-fighting effort has spurred debate among retailers and bankers. In the end, though, bankers' resistance to PIN is all about time and money.
In the wake of a data breach that followed a routine regulatory, a former regulator is asking why the agency failed to disclose the breach sooner, and why it has not accepted more responsibility for its error.
An important lesson to learn from the massive JPMorgan Chase breach is that banks can't just focus on protecting card data and online banking accounts; they also must protect their customers' personally identifiable information.
A Twitter chat featuring Gartner's Avivah Litan offered a lively discussion of numerous fraud-related issues, including card breaches, weak authentication and the need for mobile scrutiny. We'll host more chats soon.