A proposed settlement by Certegy Check Services, which lost the personal financial information of millions of Americans last fall in an insider-related data breach, of a class-action lawsuit is a "mixed bag" that falls short of protecting the victims, security analysts told SCMagazine US.com.

A group of U.S. senators have introduced a bi-partisan bill aimed at stopping phishing, but some privacy advocates are worried that website registrants will have to forfeit too much personal information.

Thirty-eight people living in New York have been charged with leveraging stolen consumer data to create bogus credit cards that were then used to purchase high-priced goods, such as computers and televisions, authorities said.

Spam originating from popular webmail services are spiking now that junk mailers have found ways to evade the challenge-response requirements for opening an account, a new study from email security firm MessageLabs reveals.

A student loan company has settled with the Federal Trade Commission over charges it did not offer reliable security for its customers' personal information.

Security researchers from McAfee have identified a trojan that attempts to extort money from owners of Symbian-based smartphones in China.

Consumers, regulators, and businesses have no way to reliably assess the incidences and frequency of identity fraud at major financial institutions, a new study concludes.

Quebec police have arrested 17 people on charges stemming from alleged botnet-related activities that police said caused an estimated $44.3 million in damages worldwide.

In the wake of a Princeton research team's surprising announcement of a simple method for stealing encrypted data from DRAM chips on PCs -- even after the unit's power has been shut off -- security experts told SCMagazineUS.com on Friday that the tools to thwart these thefts already are available.

The Missouri Attorney General's Office has filed a lawsuit against a Texas-based data broker that contends the company sold the Social Security numbers of some Missouri residents.