BankInfoSecurity.com Articles RSS Syndication

Heartland, Discover Settle for $5 Million

Last Breach-Related Settlement with Payment Card Brand
Heartland Payment Systems has reached a settlement agreement with Discover Financial Services (DFS) related to its 2008 data breach.

How to Protect Consumers from ID Theft

Mobile, Emerging Technology Pose Concerns for Institutions
Anne Wallace, president of the Identity Theft Assistance Center, says financial institutions must implement best practices to protect their customers' identities.

The Mobile Mandate

Bank of America on the Future - and Security - of Mobile Banking
Marc Warshawsky, senior vice president of mobile channel planning and design, shares his thoughts on Bank of America's pioneering mobile initiatives.

Church Latest Victim of ACH Fraud

Diocese of Des Moines Loses $600,000 to Fraudsters
The Catholic Diocese of Des Moines, Iowa, fell victim to a $600,000 ACH fraud theft and becomes another in the growing list of businesses and entities that have suffered huge losses as a result of these crimes.

Video: Why Cyber Challenge is Needed

The Takeaway from Summertime of Competitions
Lessons learned from the competitions should help the government and business develop programs to identify, train and recruit cybersecurity specialists, U.S. Cyber Challenge Director Karen Evans says.

FDIC: 829 Troubled Banks

Highest Number of Problem Institutions Since 928 in 1993
The Federal Deposit Insurance Corporation's "Problem Bank List" rose to 829 in the second quarter of 2010.

ID Theft: Courts Cracking Down

Ex-Prosecutor Says Courts Are Sending Message to Hackers
Interview with Kim Peretti of Pricewaterhouse Coopers: Are the courts taking a more severe sentencing approach to cybercrimes related to identity theft?

10 Tips to Thwart Skimming

Best Practices for Protecting ATMs and POS Terminals
The keys to thwarting card skimming can be summed up in four ways - layered security, monitoring, system audits and education.

Skimming: Old Crime, New Tools

Emerging Technologies, Trends Give Fraudsters Greater Access to Customer Data
There have been roughly 40 incidents of skimming or POS attacks reported so far in 2010. They range from tried-and-true ATM skimming to insider crimes and the troubling new trend of pay-at-the-pump thefts.

Key Elements of Risk Management

ISSA's Debbie Christofferson on How to Manage IT Security Risk
Debbie Christofferson has worked in IT and information security for many years. And if there's anything she's learned about risk management, it's this: It's all about risk. "All of your decisions about information security should be based on risk to the organization."