From Second Life to former NY Gov. Eliot Spitzer, anti-money laundering has dominated the news in 2008. To gain new insights in the latest trends, threats and solutions, we interviewed veteran AML investigator Kevin Sullivan on:
What's new in BSA compliance;
How AML has evolved over the past decade;
Risk management and the insider threat.
These are the two dominant themes emerging from the conversations and presentations at the RSA Conference in San Francisco this week.
From the keynote stage to the expo floor, with stops in between at the program sessions, information security experts, vendors and...
When Michael Barrett, CISO of PayPal, joined the company two years ago, he asked how senior leaders were fighting the phishing problem.
"Technically, we don't have a phishing problem," he was told.
Yes, scores of PayPal customers were inundated daily with fake emails attempting to lure them to fake websites,...
Imagine living in a country where electronic voting is universal, there are 39 million Internet users, and 25 million of them are also Internet banking users.
Welcome to Brazil, whose online banking services and lessons-learned were presented to attendees at the RSA Conference on Tuesday.
According to Maria...
Over 50% of all active phishing URLs are a result of the Rock Phish Gang
The Rock Phish Gang is not your average group of phishers, but a sophisticated international crime syndicate with superior IT skills. Responsible for over $100M in fraud losses per year, the Rock Phish Gang presents a formidable twist on the...
As U.S. citizens scramble to get their financial affairs in order before the April 15th federal tax return deadline, fraudsters are readying to take full advantage with scams of all shapes and sizes.
To help taxpayers muddle unscathed through this season's onslaught, the Internal Revenue Service (IRS) just issued...
Identity theft can sometimes go unnoticed if the theft is small, or it can cost consumers tens of thousands of dollars and ruin credit scores for years. Below is information about identity protection to help reduce the risk of identity theft.
Your complaint is an essential resource for local, state, and federal law enforcement officials. Law enforcers review consumer complaints to spot trends and build cases against hackers, identity thieves, and scam artists.
Here's how to file a complaint about various types of Internet-related problems.
Have you received email with a similar message? It's a scam called "phishing" - and it involves Internet fraudsters who send spam or pop-up messages to lure personal information (credit card numbers, bank account information, Social Security number, passwords, or other sensitive information) from unsuspecting victims.
It's important to protect your personal information, and to take certain steps quickly to minimize the potential damage from identity theft if your information is accidentally disclosed or deliberately stolen.
Identity theft is a growing epidemic in the U.S. and worldwide. Chances are, if you haven't been directly impacted by it, you know someone that has.
In fact, identity theft led the Federal Trade Commission's (FTC) list of consumer fraud complaints for 2007 - and it's been at the top of the list for the past seven...
Join in this tactical discussion of how financial institutions are using new technologies to successfully prevent, identify and respond to security threats, no matter where they originate.
Learn how to identify, prevent and rapidly respond to user threats and data breaches
Find out how, while mitigating...
Read this white paper to learn about:
Insight on two-factor authentication credentials to help you decide on the best choice for your customer-base.
Fortune 500 companies are increasingly discovering that stronger authentication options can result in decreased fraud costs, improved customer loyalty, a...
Phishers and fraudsters might be capturing the headlines, but good old-fashioned bank robbers are still stealing the cash.
That's the news from the FBI, which reports an up-tick in violent crime throughout the nation, and which gives Atlanta a dubious distinction: 2007 bank robbery capital of the U.S.
If there's one single notion common to financial institutions of all sizes, it is confidence -the need to have shared trust with employees, partners and especially customers. Without this confidence, banking institutions cannot succeed.
And if there's one common theme emerging from the inaugural State of Banking...