Consumer fraud trends suggest banking institutions will lead the fight against ID fraud, and international regulators are taking closer looks cross-border payments and money laundering.
It's not enough to recover data after an incident; also essential is restoring the software needed to read the data, as Federal Emergency Management Agency has learned. The inspector general explains it all.
"We cannot allow security breaches to undermine our trust in the U.S. economy," says Sen. Robert Menendez, the New Jersey Democrat who says he'll introduce the bill. "We must step forward and curb these attacks without delay."
What if, while searching the Internet, you come across a Facebook profile of one of your employees, including inappropriate pictures and personal remarks on the supervisor? What does this mean to you as an employer? And what can you do about it?
Virtually every business acquires, uses and stores personally identifiable information (PII) about its customers, employees and partners. These organizations are expected to manage this private data appropriately and take every precaution to protect it from loss, unauthorized access or theft. Misusing, losing or...
"I'm not sure there is a way to protect a customer if their actions put their network at risk," says the president of a bank victimized by corporate account takeover.
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