MasterCard's Oliver Manahan says merchants and issuers must embrace stronger cardholder authentication and security methods, such as biometrics and tokenization, to ensure payment card data is secure. Read more »
Innefu's Tarun Wig on the Latest Phishing SchemesIndian companies increasingly are victims of business e-email compromise, as hackers leverage social media networks and perform phishing attacks. Tarun Wig, co-founder at Innefu Labs,... Read more »
Estimated Victim Count Expands to as Many as 14 MillionThe investigation into the U.S. Office of Personnel Management breach has reportedly found that foreign spies may have stolen deeply personal information on... Read more »
Secure Development and Framework to be Key DifferentiatorsIt's still early days for mobile e-commerce in India, but with the quantum of users increasing exponentially, HDFC Bank's new mobile payments platform may be... Read more »
Passwords, Reset Questions Now at Risk, Experts WarnWarning to LastPass users: Change your master password and ensure you're using multi-factor authentication. There has been a data breach that might allow attackers to... Read more »
U.S.-based investment firm Berkshire Hathaway Inc. will buy a 3.7% stake in Insurance Australia Group Ltd. for $500 million Australian ($388 million) as part of a strategic relationship with the insurer, The... Read more »
A seismic risk map commissioned by Chilean insurers' association might translate into a more accurate calculation of reserves by insurers, and consequently may reportedly lead to a fall in premiums for earthquake... Read more »
Nepal's nonlife insurers have received claims worth NPR 13.86 billion ($135 million) related to the recent earthquake that hit the country, with Sagarmatha Insurance Co. Ltd. receiving the most, E Kantipur reported. Read more »
About 7,000 people living in Japan's Tochigi prefecture have sought compensation worth 1.85 billion Japanese yen ($15 million) from Tokyo Electric Power Co. over the Fukushima nuclear plant disaster in 2011, The... Read more »
A.M. Best Co. Inc. has said that the surplus reinsurance capital is likely to affect property/casualty insurance share prices, reported Artemis.bm. Read more »