A group representing 22 of the world's largest banks is pushing for broad adoption in the U.S. of payment card technology called tokenization, citing shortcomings in the planned migration to the Europay MasterCard Visa smartcard standard over the next two years.
U.S. federal prosecutors charged eight people on Wednesday in connection with a multimillion-dollar fraud that siphoned money from hacked accounts at banks and financial institutions, laundered it and sent it overseas.
Too many companies take a reactionary approach to social media, pouring resources into the 'next big thing' that's already happened. It's better to develop a comprehensive digital media strategy that targets the right social platforms, customers and disruptions and addresses the necessity of remaining flexible and responding to criticism.
A group claiming responsibility for a string of cyberattacks against several major U.S. banks over the past four months today said that it has suspended its campaign in response to YouTube's apparent removal of a controversial anti-Muslim video.
They're security myths, oft-repeated and generally accepted notions about IT security that ... simply aren't true. As we did a year ago, we've asked security professionals to share their favorite "security myths" with us. Here are 13 of them.
Citibank is starting a large trial of the use of mobile phones to make credit card payments at retail outlets and other points-of-sale in Bangalore, which the company is branding as "Citi Tap and Pay".