Financial crime control is a chief priority for most financial institutions around the world, as they continuously evaluate the best ways to safeguard their systems, their data and, ultimately, their clients. Indeed, fraud and cyber security are on the formal management committee agendas at least quarterly for 80...
Financial crime control is a chief priority for most financial institutions around the world, as they continuously evaluate the best ways to safeguard their systems, their data and, ultimately, their clients. Indeed, fraud and cyber security are on the formal management committee agendas at least quarterly for 80...
NIST's Ron Ross, in an audio interview, explains new draft guidance that's designed to help technology vendors build secure components that their customers can use to build trustworthy information systems. Ross will be a keynoter at ISMG's Fraud and Breach Prevention Summit in Washington.
Russian email service Mail.Ru says its users' credentials contained in data leaked to Hold Security are 99.982 percent invalid, leading it to slam the security firm for stoking "media hype." But Hold Security's CISO contends the leak contains valid email addresses that could be used for phishing and spam.
Some employees at organizations that use outsourced payroll provider ADP have been hit with tax return fraud. ADP blames customers for failing to secure the unique portal registration codes it issues.
The digital banking shift creates great convenience - for the fraudsters, as well as the customers. What can institutions do to reduce their vulnerability to breaches and fraud? Dave Allen of Bottomline Technologies offers advice.
A security firm claims to have obtained from a young Russian hacker a data set that includes 272 million unique credentials for Hotmail, Gmail and Yahoo email addresses, among others. But there's no reason to panic, security experts say.
Following a massive data leak, Qatar National Bank has confirmed that its systems may have been hacked. A group with Turkish ties has claimed credit for the attack and reportedly threatened to release information from a second bank hack.
Clinics, laboratories, durable medical equipment suppliers and other smaller healthcare entities need to bolster their breach preparedness as cyberattacks against smaller entities in all sectors continue to multiply, says David Finn of Symantec, who discusses findings from a new report.
The section chief of the FBI's Cyber Division says "the FBI does not condone payment of ransom," in part because it enables criminals to victimize others. Instead, the bureau continues to urge all potential victims to get their IT house in order.
Following the theft of $81 million from Bangladesh Bank, is it time for banks to make SWIFT money transfers less automated and better supervised and thus secure? An alleged scam from the days of telex machines and code books offers useful perspective.
Defending the network against cybersecurity threats has become nearly impossible with traditional tools. The number of malware families continues to increase, the threats are more advanced, and the IT environment is more complex. What's more, due to a greater reliance on the network, a service outage, data breach or...
Just six months after law enforcement agencies coordinated a takedown to disrupt online banking credential theft linked to the banking Trojan Dridex, the malware has re-emerged with new attack tactics and new targets, researchers say. U.S. bank accounts and businesses are now primary targets.
The Joint Commission, which accredits healthcare organizations, has reversed its long ban on physicians and other clinicians using text messaging to place orders related to patient care, citing technology advances that enable more secure communication. But users must comply with a list of requirements.
Within the next 20 years, quantum computing could be applied to easily crack current approaches to cryptography, according to the National Institute of Standards and Technology, which already is beginning work on new approaches to encryption that can withstand the power of quantum computing.
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