Expenses linked to the data breach at Target Corp. have already cost the 58 member institutions of the Consumer Bankers Association more than $170 million - a price they should not have to pay, says the association's David Pommerehn.
Employing quantum physics, Yi-Kai Liu, a computer scientist at the National Institute of Standards and Technology, is attempting to devise a way to create a one-shot memory device that could help secure transactions or administrative passwords.
Organizations in all sectors can improve their compliance with the PCI Data Security Standard by taking five critical steps, says Rodolphe Simonetti of Verizon Enterprise Solutions, which just issued a new PCI compliance report.
When breaches result from retailers' lax security practices, merchants should be obligated to help banking institutions cover fraud losses and other post-breach expenses, says Viveca Ware of the Independent Community Bankers of America.
The PCI Security Standards Council has no plans to modify its standards for payment card data security in response to high-profile payment card breaches at Target and Neiman Marcus, says Bob Russo, the council's general manager.
Retail data breaches are growing. ISight Partners' Tiffany Jones, a researcher who helped the Department of Homeland Security prepare its report about malware attacks, offers new insight into the latest cyber-attacks.
Amidst draft legislation and the fallout of large-scale breaches, now is both the best and worst of times for privacy, says Trevor Hughes of the IAPP. What are the best career opportunities for privacy pros?
Cybercriminals exploiting weaknesses in how users employ passwords is a significant factor behind an increase in records exposed in breaches during 2013, says Craig Spiezle of the Online Trust Alliance.
Technology is the biggest challenge to ethics and compliance in organizations today, says Deloitte's Keith Darcy. "We have the capacity to do things before we ever consider the ethical consequences ..."
Dan Clements of IntelCrawler, the research firm that claims it traced malware apparently used in the Target breach and other retailer attacks to a 17-year-old hacker in Russia, offers an exclusive, in-depth explanation of his company's findings.
From new malware to the Target breach, cyber-attacks reached an all-time high in 2013, says Cisco's Annual Security Report. Cyberthreat expert Levi Gundert tells how organizations can regain the advantage in 2014.