A federal appellate court's ruling last week that reaffirmed the Federal Reserve's structure for debit interchange fees could lead some institutions to make bigger investments in fraud prevention.
When a former U.S. president acknowledges that he won't use e-mail to correspond with foreign leaders to avoid snooping by the NSA, you know the image of America as a bastion of freedom - at least online - has dropped a few more notches.
Speculation surrounding the cause of the disappearance of Malaysia Airlines Flight 370 hasn't included the possibility of a cyber-attack. But one cybersecurity expert contends hacking an airliner is feasible.
Recent retail breaches have exposed security vulnerabilities, highlighting the importance of shifting to much stronger user authentication as well as verification of the authenticity of transactions.
U.S. prosecutors say a Romanian man faces six charges that he directed a large-scale ATM skimming scheme that defrauded multiple financial institutions out of at least $5 million.
Major cyberthreat concerns for banking institutions in 2014 include DDoS attacks, mobile malware, ransomware and insider threats, among others. Experts offer insights on mitigation strategies.
A new identity fraud study shows that consumers who are victims of a payment card breach are at greater risk of fraud than victims of other types of breaches, says Al Pascual of Javelin.
Anecdotal evidence usually supports the data the Labor Department culls on IT security employment. Usually isn't always, and the 2013 stats reported by the Bureau of Labor Statistics are at odds with what is likely true.
How can banking institutions improve their fraud detection and prevention efforts in 2014? Doug Johnson and Jane Yao of the American Bankers Association provide insights based on recent research.
A lawsuit filed by a now-defunct escrow firm against a bank following a $1.5 million cyberheist will reopen debate over who's responsible when account takeovers lead to fraud.
Big data is a hot item on every banking institution's security agenda, says Gartner analyst Avivah Litan. Here she explains why mid-sized institutions are in the best position to implement new technology.
U.S. banks stopped $9 out of every $10 of attempted deposit account fraud in 2012, according to a new ABA Fraud Survey Report. What are they doing right, and how must they improve fraud prevention in 2014?
Many business leaders lack a clear understanding of the value of identity and access management. CISO Christopher Paidhrin offers a scenario for how to make the case for an IAM investment.
The financial services industry is not collaborating effectively to address online payment risks, says Scott Dueweke of Booz Allen Hamilton, who offers insights on effective fraud-fighting steps.
The final version of the FFIEC's guidance on social media use clarifies how banks should assess consumer and third-party risks. But suggested controls for employee risks are still missing.
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