Fears of data loss, identity theft and fraud are leaving American consumers on edge this holiday season, and they’re prepared to hold their financial institution responsible for the damages. This is according to a new study released by Terbium Labs, which found that 68 percent of shoppers would hold their bank at least partly responsible…

Healthcare organizations have high levels of confidence in their cybersecurity preparedness despite most of them using only basic user authentication methods in the face of an increasing number of patient identity theft and fraud instances in the marketplace, according to LexisNexis Risk Solutions. Key survey findings Specifically, the survey results showed: 58% believe that the…

Consumers trust banks most with their personal data, 68% still fear identity theft

People trust banks and other financial entities to safeguard their personal data more than other organizations. New nCipher Security research also illustrates how easily that trust can be eroded, along with Americans’ personal data protection concerns relative to banking and digital payments. Consumers trust banks most The survey results show that people trust the financial…

New Open Source Tools Help Find Large Twitter Botnets

Duo Security has created open source tools and disclosed techniques that can be useful in identifying automated Twitter accounts, which are often used for malicious purposes. The trusted access solutions provider, which Cisco recently agreed to acquire for $2.35 billion, has collected and studied 88 million Twitter accounts and over half-a-billion tweets. Based on this…

Don’t Be Catfished: Protecting Yourself From New Account Fraud

Catfishing, the practice of pretending to be someone else online, became a cultural phenomenon through MTV’s popular TV show “Catfish,” driving more attention to our obsession with our online personas. However, it’s not just social media that needs additional scrutiny. In the wake of several recent major data breaches of personally identifiable information (PII) such…

The CISO’s Guide to Minimizing Health Care Security Risks

In an ever-changing, dynamic threat landscape, a chief information security officer (CISO) in the health care sector must have knowledge in multiple areas and understand that data breaches have severe repercussions that affect employees, patients and the organization at large. To respond effectively to health care security risks, a CISO must possess well-rounded experience in…

143 Million Affected in Hack of U.S. Credit Agency

A major American credit reporting agency entrusted to safeguard personal financial information said Thursday hackers looted its system in a colossal breach that could affect nearly half the US population as well as people in Britain and Canada. Equifax said that a hack it learned about on July 29 had the potential to affect 143…