The White House Summit on Cybersecurity and Consumer Protection late last week served as the stage for more than a dozen companies and trade groups to announce new initiatives aimed at securing Internet transactions and payments and reducing fraud.
The Federal Reserve on Jan. 26 revealed its roadmap for an overhaul of the U.S. payments system, which includes plans for faster settlement and a focus on improving payments security to reduce fraud.
As a result of President Obama's "Buy Secure" initiative, the federal government this month is kicking off its chip-and-PIN rollout. Fraud experts now debate what impact the move will have on banks' EMV chip-card strategies.
In the aftermath of a payment card breach, as fraudsters race to exploit the stolen information, card issuers and affected customers take steps to mitigate risks. Here's a look at the lifecycle of a payment card breach from three perspectives.
The U.S. migration from magnetic-stripe payment cards to EMV-compliant cards is in full swing, thanks in part to massive breaches at retailers. This infographic offers a timeline of progress in implementing this new technology.
Over the last 12 months, hackers have enhanced the marketing of high-value stolen data, according to Dell SecureWorks' David Shear, who explains how the underground economy works.
Financial transactions on smart phones require layered security that helps outsmart cyberthieves, says Alan Dabbiere, chairman of AirWatch, who describes today's mobile challenges.
Who hacked Sony? Not us, say the North Koreans, ending days of silence. As Deloitte becomes the latest victim of the G.O.P. gang that's claimed credit, one thing is certain: Sony won't have to buy the movie rights to this hacking story.
Retailers cannot avoid innovation. Yet, cybercriminals thrive when retailers innovate. What, then, can retailers do to stop cybercriminals from breaching their defenses? Here are three key questions to answer.
Staples has confirmed that its retail point-of-sale systems were compromised earlier this year by malware-wielding attackers. Learn what two card issuers say about fraud tied to the breach.
Poor post-breach communication can cause as much damage to a company's reputation as the cyber-incident itself, says Al Pascual, a senior analyst at Javelin Strategy & Research, who will speak at ISMG's Fraud Summit Dallas.
A foreign currency flaw in Visa's EMV-based contactless payment card system in the U.K. could be abused to commit fraud using NFC-enabled Android devices, researchers say. But Visa discounts the possibility of real-world attacks succeeding.
Sophisticated threats require advanced threat protection. A threat-focused next-generation firewall must adhere to three strategic imperatives. Learn how these imperatives improve defense against advanced threats.
In his keynote address at the ISMG Fraud Summit New York on Oct. 21, PCI's Bob Russo predicts credit card fraud will significantly rise in the short term as EMV payment cards get rolled out in the United States. Find out why.
Staples has confirmed that it's investigating a potential data breach after a report warned that elevated levels of payment card fraud had recently been tied to card numbers used by consumers who shopped at the office supply retailer.
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