Retail point-of-sale breaches at Target Corp. and Neiman Marcus have put a spotlight on payment card security and encryption. But achieving true end-to-end encryption isn't easy, says data protection specialist Richard Moulds....
Attackers likely purchased malware in underground "cybercrime-as-a-service" markets to use in recent credit card breaches, including the Target Corp. attack, a new report from McAfee Labs asserts. Adam Wosotowsky explains the report's findings.
One key factor in efforts to reduce reliance on passwords for authentication will be international acceptance of the FIDO Alliance's soon-to-be released protocol for advanced authentication, says Michael Barrett, the alliance's president.
Recent data breaches, such as the ones suffered by Target Corp. and Neiman Marcus, may have been detected sooner if retailers had been sharing transactional pattern and behavioral information about their customers, says Mike Braatz of ACI Worldwide.
Although adoption of mobile banking is accelerating, mobile payments have yet to reach a tipping point and security issues need to be addressed, says Marc Warshawsky of Bank of America, a mobile banking pioneer.
Phyllis Schneck, the Department of Homeland Security's deputy undersecretary for cybersecurity, equates the department's continuous diagnostics and mitigation initiative with a medical probe detecting an infection in the human body.
In the wake of high-profile breaches and data leaks, the government will pay a lot more attention to information security. Are security pros ready for this scrutiny? Professor Eugene Spafford has his doubts.