Banking

Hacker Charged in Breach of New York Dam

In-brief: The Department of Justice on Thursday announced charges against seven Iranian men in connection with a campaign of attacks on U.S. banks, financial services firms and critical infrastructure, including a Rye, New York dam. 

Fraud

To Secure ATMs: Startups Look Past the Card

In brief: With fraud getting more expensive, startups are taking a new look at ways to shore up the security of ATM networks and other card transactions – cards are optional. 

Network Segmentation in the Age of the IoT

In-brief: Segmentation is a well established approach to securing your data and IT assets. But have you assessed your approach to segmentation in light of new technologies and business models? Scott Harrell of Cisco’s Security Business Group, writes with some pointers on adapting segmentation to the demands of the Internet of Things. 

Target Hack Web Message

Target agrees to pay $39m to Banks for Data Breach | Reuters

In-brief: Reuters reports today that Target Corp has agreed to pay $39.4 million to banks to resolve claims that said they lost money because of the retailer’s late 2013 data breach.

Verizon: Internet of Things Hacks Pose Little Risk – For Now

In-brief: Verizon said in its latest Data Breach Investigations Report that threats from Internet of Things technologies were more theory than practice in 2014, but that 2015 could see IoT devices play a role in breaches.