Data and information management

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.

E-commerce fraud management platform provider Ethoca has raised $45 million in investment after significant growth last year.

As China loosens restrictions on international commerce, foreign merchants bringing their operations to China may be unprepared for the types of fraud they encounter.

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.

Some rules are black and white, which is why Sift Science has added the ability for clients to integrate automatic rules on top of its machine-learning fraud detection system.

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.

Discover Financial Services has certified payments testing software provider Acquirer Systems to provide EMV service for its customers in U.S., Canada and Mexico.

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.

With the U.S. EMV migration deadline looming and merchants urged to add encryption and tokenization as well, Transaction Network Services sees an opportunity in helping clients manage all of this technology.

MasterCard's decision to do a 500-person trial of facial recognition for payment authentication next month may seem like a bold move in security, but it's really taking aim at friction.

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.