Data security

Financial institutions claiming exposure to Target's 2013 data breach are one step closer to collecting a $39 million settlement.

Every business runs the risk of fraud, but some are more likely to be targeted than others. The customers you court, the products you sell and even the amount of time you have been in business can make you more vulnerable to an attack or more appealing to a cyber criminal.

Huntington Bancshares is the latest institution to add a cybersecurity expert to its board, highlighting the growing importance of guarding against hackers and other online dangers.

Transaction laundering is an increasingly popular scam, in which cyber-criminals hijack the legitimate payment process to sell all manner of illicit goods and services online.

Mitek Systems took advantage of the rise of smartphones by enabling remote deposit capture and identity verification on mobile devices. But that created a gap with laptops and desktop machines that Mitek is trying to address with an extra integration.

After hackers penetrated a second bank and accessed the Swift messaging system to steal money, it is clear that more needs to be done to thwart such attacks.

The rub is that the global messaging system's security is only as strong as the weakest link.

Like any long-term relationship, Walmart and Visa have had their ups and downs. Sometimes these interactions were solely between the two companies; but many times, Walmart and Visa's conflicts gave a voice to the entire retail and payments industries.

Swift, the inter-bank messaging system embroiled in one of the largest cyber heists in history, warned customers that hackers have struck again, attacking a commercial bank client that it didn’t name.

Swift, the inter-bank messaging system embroiled in one of the largest cyber heists in history, warned customers that hackers have struck again, attacking a commercial bank client that it didn't name.