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.
Internet visionary Vint Cerf sees the development of strong authentication for the billions of devices connected to the Internet as the IT security community's next big challenge.
Phishing attacks are up, and the methods are changing. Paul Ferguson of the Anti-Phishing Working Group explains how phishers are fine-tuning their schemes and exploiting cross-platform technologies.
New research says more than 25 percent of consumers hit by a data breach later become victims of identity fraud - especially when payment card information is exposed. Javelin's Al Pascual shares analysis.
The Gozi Trojan variant known as Prinimalka is expected to target 30 banking institutions in spring 2013. Now McAfee researcher Ryan Sherstobitoff says new research sheds light on how to prepare.
Which fraud trends need the most attention from U.S. banking institutions in 2013? Distributed-denial-of-service attacks and account takeover, says FS-ISAC's Bill Nelson, who offers fraud-fighting tips.
To mitigate the top threats for 2013, organizations need to understand the motivations of potential attackers so they can adequately defend their networks and systems. Experts describe risk management strategies for the year ahead.
In a new alert, the OCC says banking institutions should be concerned about fraud attempts linked to recent distributed-denial-of-service attacks on prominent U.S. banks.
Eurograbber got banks' attention after compromising out-of-band authentication in Europe. But researchers say it's the knowledge of the hackers behind the attack, not the Trojan, that's most concerning.
A breach at a Texas credit union shows how fraudsters target financial institution employees to gain access to sensitive information. Why are institutions proving to be soft spots for compromise?
Banking institutions can expect more cyberattacks, including threats from nation-states, as the U.S. elections draw near. So they must take adequate security steps - and clearly explain them to their customers.
RSA's Etay Maor says Citadel malware and ransomware attacks highlight a growing threat banking institutions and consumers must be prepared to fight. What can institutions do to mitigate risk?
Targeted phishing attacks are at an all-time high, and one reason for the proliferation is a non-unified response from industry and government, says Peter Cassidy of the Anti-Phishing Working Group.
The financial industry is pushing for .bank, one of many new top-level domains being pitched to ICANN. But how is this new domain-naming system expected to help banking institutions curb fraud?
U.S. banks are well-aware of the fraud vulnerabilities magnetic-stripe cards pose, yet few have made moves toward chip technology. The time for stalling is over.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing ffiec.bankinfosecurity.com, you agree to our use of cookies.