Mastercard is piloting a scheme where smartphone GPS systems are used to authenticate purchases for travellers – which could spell an end to the frustrating and common experience where cards are blocked instantly when used abroad.
Businesses in America have increased security spending after the wave of high-profile cyber attacks late last year, including the Target breach – and most U.S. companies expect such attacks to increase over the next two years.
Hackers who stole hundreds of thousands of card details from upscale retailer Neiman Marcus set off more than 60,000 security alerts – but these were all missed by security staff at the company, according to a report by Bloomberg Businessweek.
Smartphone dating app Tinder revealed more about its users than they might have wished over a period of several months last year – revealing their location to other app users to an accuracy of around 100 feet, according to The Verge’s report.
Nearly two-thirds of employees – 63% – use personal email to transfer work files, potentially leaving workplaces exposed to hacks against their accounts – and more than half of employees regularly transfer files by insecure channels.
A Microsoft survey of 10,000 consumers found that the worldwide annual cost of identity theft and phishing could be as high as $5 billion – and the cost of repairing damage to people’s reputation online could be even higher.
A little-known banking trojan, developed in Russia, has managed to infect thousands of victims’ computers without the knowledge of their owners. Graham Cluley takes a closer look.
Fraudulent emails offering refunds of overpaid tax have surged by nearly 50% in the past year, according to a report by Accountancy Age. Customers reported 23,347 phishing emails to the British tax authorities in the three months before the deadline.
A small American law firm has admitted that every document on a server at the North Carolina company has fallen prey to the Cryptolocker ransomware, according to a report by local station WSO CTV.
A fake version of Facebook’s 10th anniversary celebration video page, ‘A Look Back’ is spreading via the social network, with users directed instead to another website, where they are prompted to download files.
Managers at White Lodging, a hotel management firm that works with various brands including Hilton, Marriott, Westin, Sheraton and Hyatt, may have known of a major credit card data breach for two weeks before details were made public.
A tiny, cheap gadget which can ‘hack’ into the network of modern cars to receive radio commands ranging from controlling steering and brakes to switching off headlights is to be shown off at the Black Hat Asia security conference in Singapore next month.
Attackers involved in the Target breach, which led to the theft of 40 million debit and credit card details late last year, broke into the retailer’s network via a heating and air-conditioning contractor, according to a new report.
Weak passwords and rarely updated software are a recurring theme behind the 48,000 cyber incidents reported to the Department of Homeland Security – including the theft of data on the nation’s weakest dams by a “malicious intruder”, a DHS report has found.
Eleven high school students have been expelled after being caught bugging their teachers’ computers with a key logger device to change their grades.
The FBI has announced the arrest and charge of Alexsandr Panin, 24, a Russian hacker who developed the SpyEye trojan and used it to steal financial information and money from around the world.
Arts and crafts retail chain Michaels has revealed that it may have been the victim of a “data security attack”, similar to those at Target and Neiman Marcus in recent weeks.
Luxury retailer Neiman Marcus has revealed that a breach which led to customer payment cards being used for fraud after shopping in its stores was far worse than first revealed – with 1.1 million cards affected over several months.