Slideshow The Week in Security

  • February 03 2012, 9:09am EST
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Stuck on PIN

Reminiscent of Ford offering motorists any color car they want — as long as it's black — MasterCard is letting EMV issuers and merchants choose any level of security they want. But its "liability hierarchy" makes clear there's really just one choice: chip-and-PIN. (Image: ThinkStock)

Catching Phish

B of A's latest anti-phishing move involves working with Yahoo, Google and others to block or flag emails sent by phishing scammers who are impersonating the bank. (Image: Bloomberg News)

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Gender Gap

When it comes to smartphone security, women worry more about hacking than men do — but men claim to be better informed. In a survey, 41% of respondents (of both genders) said they use a phone to bank online. Ten percent store banking details on a phone. (Image: ThinkStock)

Password Prehistory

Banking security today hinges largely on typed passwords, but why? The first computer password likely traces its origins to MIT's Compatible Time-Sharing system. It was also possibly the first system to be breached — a researcher, wanting more time on the system, printed out all users' passwords to get more access. (Image: ThinkStock)

PFM a Problem?

Though third-party personal financial management websites like ask users for their banking passwords, most U.S. banks and consumers don't seem to mind. This is not the case in South Africa, where two major banks are warning customers to stay clear of a new PFM provider. (Image: ThinkStock)

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A Bad Sign

VeriSign, which is responsible for securely delivering Web surfers to their intended websites, reported that it has been repeatedly hacked. It says its domain name system was not breached in the attacks. A breach might allow thieves to direct people to impostor bank sites. (Image: ThinkStock)

Game On

After several well-publicized data breaches in the game industry, one participant is improving its defenses. Nintendo's next Wii will be able to read contactless cards, which generate one-time-use codes and are more secure than magnetic-stripe cards. (Image: Bloomberg News)


The massive data breach that struck Sony Corp.'s PlayStation Network was not a roadblock to the career of Kazuo Hirai, who headed the company's video game business. Sony announced that it is promoting Hirai to run the entire company. (Image: Bloomberg News)

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The University of Hawaii settled a class action over five alleged data breaches that affected 96,000 people. The university agreed to pay for credit monitoring and credit restoration services. (Image: ThinkStock)

Listening In

There hasn't been a documented case of someone stealing data from a contactless card wirelessly — but it's possible. A researcher at a hacker conference demonstrated that a wireless reader can skim enough data to clone a magnetic-stripe version of the card. (Image: ThinkStock)