A Russian cybercrime ring known to have been running underground operations since 2004 allegedly stole 1.2 billion Internet usernames and passwords from 420,000 websites, including Fortune 500 companies.
The most immediate security risk to businesses and customers lies in accepting payments through a PoS system. The information customers hand over, if captured, can be used by cybercriminals to commit credit card fraud.
Trend Micro predicts the biggest security issues expected in 2014 for mobile banking, cybercriminals and targeted attacks, data breaches, Windows XP vulnerabilities, and more.
Enterprises are moving towards virtualization and cloud computing. However, adopting these new platforms opens new windows of exposure that can be leveraged in data breach attacks.