Banks know security. They have to, because as Willie Sutton once said “that’s where the money is”. A bank, for example, has multiple layers of security. First, consider the perimeter of the building, which is often designed to include large windows, so that passerby or law enforcement can easily see any problems occurring inside. The…
Every social media website in existence depends on advertising for its survival, to some extent. Criminals exploit this by mimicking these familiar platforms when sending millions of phishing emails designed to entice users into clicking malicious links or visiting spoofed websites that resemble legitimate social media. They also create pages within popular social media that…
History is said to be a good indicator of what might come in the future. If you follow trends in how things are done and what tends to gain momentum then you can get a pretty good idea of what’s ahead. McAfee Labs™ is made up of security professionals who spend all their waking hours…
It’s that time of year, for holiday cheer, to give of ourselves and ring in the New Year. But while you celebrate, please keep in mind, criminals and hackers are not far behind. Mobile malware is here; it’s increased since last year. Be sure to install mobile malware protection, so that you don’t receive…
Experian’s Chris Ryan addressed five major questions about compliance with the FFIEC’s recent guidance on banking authentication. What follows are his responses, summarized: What does “layered security” actually mean? “‘Layered security’ refers to the arrangement of fraud tools in a sequential fashion. A layered approach starts with the most simple, benign and unobtrusive methods of authentication…
In a 2007 home invasion Steven Hayes and Joshua Komisarjevsky, the 2 men found guilty of a home invasion in Connecticut, brutally attacked and killed a mother and her daughters. The father was left for dead in the basement. Their crime began when they saw the mother (who was eventually murdered) in a parking lot…
You may be aware of the uber techie bad boy hackers of Anonymous/Lulz/Anti-sec/Wikileaks/ScriptKiddies and the organized web mobs of the world. Did you know they have wreaked havoc to the degree that almost a billion records have been compromised? A recent study “gathered 3,765 publicly disclosed data breach incidents occurring in 33 countries during 2005-2010.…
As banking applications evolve, common attacks on banks are becoming correspondingly more sophisticated. Small businesses, municipalities, and moneyed individuals are often targeted for obvious reasons: they have hundreds of thousands of dollars, if not a few million, in the bank, but their security is often no more effective than that of an average American household.…
A California supermarket chain recently sent letters informing customers that a security breach had been discovered at 20 of their stores. The breach notification letter released by Lucky Supermarkets reads, in part: “Dear Lucky Customer: In the course of regular store maintenance, we discovered our credit/debit card readers at the self-check lanes ONLY in 20…
iovation is the leader in device reputation technology. They work to prevent all types of fraud and abuse on the Internet, including account takeovers, which occurs when your existing bank or credit card accounts are infiltrated and money is siphoned out. iovation also helps prevent new account fraud, which refers to financial identity theft in…
