What are the top emerging fraud threats via mobile banking, and how must security leaders respond? In an RSA Conference preview, Julie McNelley of the Aite Group offers tips for fighting the newest threats.
Bank of America blames a suspected breach of credit card data on an unidentified third party. What happened, and what can other institutions do to better protect themselves and their customers?
"The misfortune here for the banks is that they can have the best fraud-detection systems out there ... but it all breaks down when they call the 'hacker' to verify the transaction," says Gartner's Avivah Litan.
When it comes to employee-owned mobile devices, many organizations want to run away from the security risks of the bring-your-own-device-to-work trend. Intel chose to run toward them.
In an exclusive case study, Intel CISO Malcolm Harkins details the security challenges and business opportunities of BYOD. And he...
The Europay, MasterCard, Visa standard, commonly used in most global markets, is coming to the U.S. The sooner issuers, acquirers and merchants initiate migrations, the better, says Stephanie Ericksen, head of authentication product integration at Visa.
A legal dispute between a small merchant in Utah and its former payments processor has fueled a debate over contracts between merchants and acquirers. If successful, this case could spur contractual shifts that change the way card brands view liability after card breaches.
Skimming is a global epidemic, experts say, and global fraud losses linked to skimming will grow in 2012. So how will retailers and financial institutions respond?
DBS Bank is launching a new SMS/text alert service for ATM transactions, following a rash of fraudulent withdrawals that cost accountholders $1 million.
Intel CISO Malcolm Harkins explains why Intel embraced the bring-your-own-device trend and made it part of a strong mobile technology policy that revolves around employee accountability.
New York law enforcement authorities have announced the arrest of a Romanian national and the takedown of an ATM skimming scheme that compromised more than 40 ATMs at HSBC bank branches in Manhattan, Long Island, and Westchester, N.Y.
It's no longer just about mobile banking. Mobile technology today is deployed by leading-edge institutions for out-of-band user authentication, transaction verification and to help prevent fraud via real-time security alerts.
How can your institution crack down on fraud and maximize its mobile investment?
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As part of the updated FFIEC Authentication Guidance, U.S. banking regulators mandate that financial institutions conduct periodic risk assessments of their electronic banking services.
But in the face of evolving threats, a growing online customer base and emerging mobile technology, what is the most effective...
Financial institutions still have a long way to go to fight fraud and mitigate online banking vulnerabilities. But what exactly are the top vulnerabilities, and what can institutions do about them?
Save Mart, the Modesto, Calif.-based grocery chain, now confirms that skimming devices are to blame for the data breach believed to have exposed hundreds of consumer accounts to debit and credit card fraud.
Save Mart, the Calif.-based supermarket chain, offers new details and an FAQ about the investigation into the payments card breach that now is estimated to impact hundreds of customers and accounts.
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