A new ruling in the Choice Escrow vs. BancorpSouth case finds that refusing fraud-prevention tools offered by banks can shift liability for fraud losses back on commercial customers. What does this ruling mean for other institutions?
Which fraud trends need the most attention from U.S. banking institutions in 2013? Distributed-denial-of-service attacks and account takeover, says FS-ISAC's Bill Nelson, who offers fraud-fighting tips.
The PATCO fraud dispute could have been settled in 2009, says co-owner Mark Patterson. Why did the case drag on, and what can banking institutions and fraud victims learn from PATCO's recent settlement?
An insider fraud scheme at a financial institution highlights how executives with too much power can abuse the system. What steps could have been taken to prevent the losses that ultimately led to this institution's failure?
Gov. Nikki Haley realizes the potential political consequences of a breach, which explains why she held three press conferences on three consecutive days to address her administration's response to a computer breach of the state's tax IT system.
A wave of distributed denial of service attacks on banks raises the question: Should the owners of the nation's critical information infrastructure, when assessing risk, be held to a higher standard because society relies on them to function?