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.
Wells Fargo warned on Tuesday that its website is being targeted again by a distributed denial-of-service (DDOS) attack.
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.
You've heard such stories. Mat Honan, a reporter for Wired magazine had almost his entire digital life erased when a fraudster used social media account information to trick Apple and Google into allowing him access to Honan's account information.
A New York startup company spun off from Citigroup is about to launch a service that can offer consumers recommendations for restaurants and other retail outlets, based on an analysis of billions of credit card transactions.