Who Goes to Jail for Fraudulent Credit Card Use?
Businesses that accept stolen credit card information may be on the hook for a refund. But the thief is the one who broke the law -- and cardholders need to take steps to prevent further damage.
Are We Finally Ready for EMV Cards?
Data breaches lead to a renewed push toward chip-enabled cards, but experts warn they are not the ultimate cure.
Identity Theft--By Bank Insiders
It’s the dirty secret in banking. Bank employees often steal personal account information from bank customers so as to rob money from bank accounts or commit fraud via identity theft, and few banks seem immune.
5 Steps You Can Take to Protect Your Bank Account
Phishing, scamming and stolen identity problems — we have all heard about them. But how do you ensure that you don’t become a victim?
Mobile Banking Threat on the Rise as Hackers 'Refine' Techniques
While the crackdown on digital currencies has helped thwart some major hard-crime operations, crime through Trojans to nab critical banking data nevertheless remains a problem.
Hackers Use Missing Malaysia Airlines Flight to Bait Users
Cyber scammers are exploiting intense interest in missing Malaysia Airlines Flight 370 to spread malicious malware aimed at attacking users.
BlackBerry Rallies on Pentagon Mobile Program
BlackBerry shares rallied after the Pentagon said its new mobile program for unclassified work will predominantly use the Canadian company's smartphones.
Beware the Cybermath
There is no escaping the reality that the consequences of cyber attacks are costly, on the rise, and uncomfortably cheap to conduct. It is more important than ever then for companies – especially at the C-suite level – to become knowledgeable cybersecurity consumers.
Scottrade Says Customer Database Compromised in Cyber Attack
Discount broker Scottrade said on Friday that it believes it was the victim of a cyber attack from late 2013 to early 2014 that targeted client names and addresses.
Hyatt Says Payment Processing Systems Breached
Hyatt Hotels Corp on Wednesday asked customers to review payment card statements for possible fraud after it found malicious software in its payment processing systems for hotels it manages.
Judge Rules FTC Can Sue Wyndham Over Cyber Security Lapses
A federal judge ruled the FTC can sue hotel group Wyndham Worldwide over alleged poor data security, potentially opening companies up to greater legal risk on the increasingly-costly cyber front.
Akamai Acquires DDoS Protection Service Prolexic for $370M
Akamai unveiled plans to buy Prolexic for about $370 million as the content delivery giant looks to bolster its cyber defenses.
Fidelity Online Orders Duplicated, Delayed by Glitch
Online trades at Fidelity Investments were delayed or duplicated during a 30-minute period on Monday morning, impacting an undisclosed number of brokerage clients.
How Cyber Criminals Stole up to $1B from Financial Services Companies
It may be the largest bank robbery ever. A group of cyber criminals has stolen up to $1 billion globally, according a new report by Moscow-based cyber security firm Kaspersky Lab.
JPMorgan Bracing For 'Spear Phishing' Campaign: Sources
Insiders at JPMorgan say the bank is preparing for a spear phishing campaign in which bank customers are targeted by a phony but official-looking email or get a phone call from a fake JPMorgan account executive.
Companies Turn to Cyber Insurance as Hacker Threats Mount
Sophisticated companies are increasingly balancing the rising risk of a pricey cyber event by acquiring cyber security insurance from the likes of AIG and Chubb.
More Damage Uncovered in Las Vegas Sands Hack
A cyber breach of Las Vegas Sands that caused a six-day website outage appears to have done far more damage than previously realized.
Target Breach Costs Banks, Credit Unions More Than $200M
The data breach that compromised 40M payment cards used by Target shoppers has cost banks and credit unions more than $200 million.
Bitcoin Exchange Bitstamp Halts Withdrawals After Cyber Attack
Bitcoin exchange Bitstamp temporarily halted withdrawals and deposits due to a cyber attack that caps off a rocky stretch for the crypto currency.
JPMorgan's Dimon Urges Banks, Retailers to Team Up in Hacker Battle
JPMorgan CEO Jamie Dimon called for greater cooperation between banks and retailers as they continue to face cyber security threats.

















