To meet PCI compliance, organizations must implement multifactor authentication, as opposed to a multistep process, to protect the cardholder data environment from unauthorized access.
Banks are already privy to the threat of physical breaches, but many remain unaware of the ATM network security gaps that could enable fraudsters to access their systems.
A new cybergang operating a recent variant of the Ursnif Trojan has planted its flag in Australia, targeting banking customers with redirection attacks.
A targeted phishing campaign aimed at Canadian businesses prompts users with high levels of access to divulge login credentials and authentication codes.
ATM malware has evolved significantly in three years.
IBM X-Force identified a new Trojan, dubbed IcedID, that uses advanced browser manipulation tactics to target financial institutions in the U.S. and U.K.
Although mobile payments are more convenient and arguably more secure than carrying physical credit cards, both retailers and consumers remain wary.