Malware

Could the Macy's online data breach have been thwarted by SRC, a new security technology championed by the card brands?

Financial institutions are more likely than ever to fall victim to hackings and data breaches. Here's how credit unions should respond when – not if – they are attacked.

As Cybersecurity Awareness Month draws to a close, Credit Union Journal queried industry leaders about the biggest threats facing their institutions.

Severe attacks are on the rise in all sectors, including financial services. There are several specific defenses banks can employ to mitigate and recover from them.

With simple passwords more vulnerable than ever, a growing number of CUs are deploying multifactor authentication techniques to bolster security.

The next generation of wireless communication will lead to more devices being connected to the internet, creating additional vulnerabilities for credit unions to guard against.

Microsoft Corp., Mastercard Inc. and the Hewlett Foundation are funding a new organization that is planning to help dissidents and other vulnerable groups across the world defend against hackers.

Security companies report a recent spike in spearphishing campaigns originating in Iran and targeting banks.

A hacker can infect multiple point-of-sale terminals with malware by entering through a "smart" coffee vending machine at a grocery store or restaurant. And the store owners are largely unaware of the risk.

Users don’t have all the tools they need to ensure the security of their mobile devices, so it’s all the more important for providers of mobile financial services to help users by hardening mobile apps with technology, writes Samuel Bakken, senior product manager at OneSpan.

BrightWise is a joint venture among the Iowa CU League, its holding company and LMG Security. The initiative aims to teach credit union professionals how to better protect their institutions.

Coinbase Inc., one of the world’s largest cryptocurrency exchanges, is letting go of staff after the backlash it faced for purchasing a company allegedly linked to the sale of spyware to oppressive regimes.

As companies invest heavily in artificial intelligence and other high-tech defenses, it is becoming more apparent that criminals are investing in equally powerful technology.

The emails were disguised as being sent from BSA executives at other institutions and claimed that a member’s transfer was halted due to suspected money laundering.

Today phishing scams have become so elaborate that they can take a variety of forms, including a phony job interview.

Banks are a primary market to be pursued by Blue Hexagon, which received $31 million in venture capital.

Criminals are going to get smarter, but banks can implement a modern authentication solution to meet unique use cases and security requirements without sacrificing user convenience, writes Mike Byrnes, senior product manager at Entrust Datacard.

Financial institutions would be wise to use the end of 2018 as an opportunity to ensure their cyber defenses are beefed up for new threats next year.

Rich Baich, Wells Fargo's security chief and newly appointed security advisor to the White House, shares attack types he’s worried about and top defenses.

California-based America's Christian Credit Union's efforts earned it a 2018 Best Practices Award.