Data security

When a cyberthief attacked Ashley Madison — a dating website for cheaters — with the stated goal of demonstrating that the site’s mechanism for deleting customer data didn’t work, it sent a signal that should be heeded by any company that handles sensitive data.

Data breaches happen so frequently these days that many consumers have “breach fatigue.” However, the threat does not die when public interest does. Stolen data moves faster than breaches can be detected, heightening the risk for merchants.

Apple Inc. showed how to combine biometrics and tokenization in a mainstream product, and now companies of all sizes are working to build on this combination.

Ashley Madison, an online extramarital dating service that claims to protect users’ privacy and security, has had its customer database compromised.

Ashley Madison, an online extramarital dating service that claims to protect users' privacy and security, has had its customer database compromised.

The leak of documents from the surveillance software and "ethical hacking" firm Hacking Team revealed that some foreign banks were clients. Had any U.S. banks been on the list, the last two weeks would have been … interesting.

Treasury Deputy Secretary Sarah Bloom Raskin told a group of bankers that law enforcement and regulators need to declassify more information so banks can protect themselves.

Biometrics are a catalyst to streamline authentication, though the technology contains a vulnerability that Payfone thinks it can solve with the SIM cards that match consumers to a computing device such as a smartphone.

Any merchants or businesses handling payment and other sensitive data while using a Windows Server 2003 network will need to take precautions when Microsoft ends it support for that platform on July 14.

Hershey Entertainment and Resorts' payment systems were infiltrated earlier this year, potentially exposing cardholder data, the entertainment and resort company disclosed July 10.

Hershey Entertainment and Resorts' payment systems were infiltrated earlier this year, potentially exposing cardholder data, the entertainment and resort company disclosed July 10.

In today’s fast-paced, digital age, when smartphones are “outdated” six months after they’re released, nothing stays the same for long, and that includes payments fraud.

Business went on as usual at commercial banks as the New York Stock Exchange and other large businesses suffered outages. But the confluence of events served as an unnerving reminder of the cyber risks facing the industry.

As technological problems forced the New York Stock Exchange to grind to a halt Wednesday, financial services insiders and observers weighed in on the vulnerabilities of increasingly electronic financial systems.

With the looming liability shift in the United States, EMV is on every payment card issuer’s mind, though with the challenge comes opportunities, such as bolstering customer relationships.

As the United States begins its efforts to reduce credit card fraud by transitioning to EMV, another type of card—the online gift card—could see its fraud risk skyrocket.

Bank regulators should improve their collection of data on information security incidents at financial institutions and facilitate better information-gathering about industrywide cyber threats, the U.S. Government Accountability Office said Thursday.

Multiple banks are reporting fraudulent activity on cards used at hotels owned by real estate magnate, reality TV star, and now controversial presidential candidate Donald Trump.

According to Verizon's 2015 Data Breach Investigation Report, approximately 20% percent of data breaches come from an internal source. This requires a change in an issuer's culture compliance to combat the problem.

The executive in charge of protecting JPMorgan Chase & Co.'s computer network from hackers has been reassigned, after a year on the job that included controversy over his handling of a massive data breach and the departure of several top security team members.