Click2Gov municipal payment portals for eight U.S. cities were compromised after an apparent vulnerability in the software. More than 20,000 stolen payment card records have turned up in underground markets, says Gemini Advisory.
This week's ISMG Security Report analyzes the cost of business email compromise attacks and the recent arrest of dozens of suspects. Also featured: updates on the easy availability of low-cost hacking tools and the latest payment card fraud trends.
Google's Android is the most popular mobile operating system in the world, powering over 2.5 billion devices.
In this exclusive session, Eugene Liderman, Director of Mobile Security Strategy, Google, outlines Android's multi-layered security strategy, which includes hardware and software protections, as well as...
Attacks on card-not-present (CNP) merchants are escalating rapidly globally, fueled by rampant breaches, automated credential stuffing attacks, and the rapid growth of the CNP transactional category as a whole. The trend line is concerning for merchants, issuers, and the payment networks alike, as the industry seeks...
Threat actors are increasingly targeting the APAC region for payment card fraud, according to a report from Gemini Advisory. For example, a group of hackers recently stole information on more than 1 million credit cards in South Korea. What can be done to stop the fraud?
A newly discovered vulnerability in Visa's contactless payment cards could allow fraudsters to bypass payment limits of 30 British pounds ($37) at U.K. banks, according to researchers at Positive Technologies, who claim the vulnerability could be exploited in other countries as well.
Hackers appear to have accessed a new mobile payment app for 7-Eleven customers in Japan, taking about $500,000 from 900 customers over several days. Poor passwords and authentication designs by the company are likely to blame, according to media reports.
Many corporate boards of directors in India have made progress in recognizing cybersecurity as a priority. But clearly, they still have a lot of work to do. Panelists at a recent ISMG summit in Bengaluru offer insights.
Criminal gangs have been hitting e-commerce sites hard lately by injecting their malicious code to "skim" customers' payment card details. In a recent twist, Malwarebytes spotted a malicious iFrame that steps in front of the normal payment process to intercept card details.
At this week's Information Security Media Group Fraud & Breach Summit in Bengaluru, India, national cybersecurity coordinator Lt. Gen. (retired) Rajesh Pant spoke about the challenges facing the country over the coming years.
Vipin Surelia, Senior Director-Risk Services, Visa leads the India and South Asia team that ensures the safety and security of the VISA network, as well as internal and external products and services, including business continuity.
In this exclusive interview, Surelia will sit for a "fireside chat" interview in...
The Reserve Bank of India has called for a self-regulation approach for the fintech industry to help ensure data security. "There is a need for a self-regulatory governance framework to foster best practices on important aspects like security," an RBI official says.
Over the years, the Federal Reserve has worked alongside the industry to pursue real-time, safe, highly secure, efficient, broadly inclusive and ubiquitous payment services in the U.S. The U.S. payments and fraud landscape continues to shift as technology evolves and new risks emerge. During this session, attendees...