An international phishing operation was smashed on Wednesday by the US Federal Bureau of Investigation and law enforcement in Egypt.
The case called "Operation Phish Phry" has the largest number of defendants ever charged in a cyber crime case. A total of 53 people across the country and 47 people in Egypt were...
Interview with Dave Jevans of the Anti-Phishing Working Group
On Oct. 7, the U.S. government announced the results of "Operation Phish Phry," which saw 100 suspects in two countries charged with being part of a major multinational phishing ring.
And although these indictments are the most ever in a cyber crime...
There is no such thing as the hack-proof computer.
Once we accept that reality, the next challenge is to acknowledge that a certain amount of IT risk is a part of conducting business. Risks also come in many different forms. I'm often asked which is worse -- regulatory, policy or compliance risk? I believe it may...
Bogus security software applications are among the types of electronic crimes that grew 585 percent over the first half of this year, according to a new study.
The Anti Phishing Working Group's (APWG) latest report shows that rogue anti-malware programs, infected computers and crimeware broke new records in the...
Credit and debit cards are everywhere. I use mine daily, and I suspect many functioning adults in the U.S. and beyond do as well. For me, convenience is a major factor in their use - instead of carrying around wads of cash, I can carry a single piece of plastic and use it to accomplish the same goal -- buy things. ...
As summer draws to an end, schools reopen and Labor Day arrives, there's something else that everyone is looking to return: the H1N1 flu virus. U.S. organizations handled the so-called swine flu virus spread in the spring, but now is the time to ask: Are you and your staff ready for its return?
TJX. Hannaford. Heartland. Those are the names we all know, the famous fraud stories we all can recite by heart.
But who knows about Unique Industrial Product Co., a Sugar Land, Tex.-based company that lost $1.2 million to fraudsters this last April?
Well, it is good to finally have a number to go along with the Heartland Payment Systems data breach, and even better that three hackers have been indicted for the crime. Albert Gonzalez, a 28- year-old identified as the lead hacker, faces up to 25 years in prison and a $250,000 fine if convicted.
Robberies, ATM heists, insider thefts - there are so many risks to employees, customers, funds and electronic data, and they're only heightened by economic conditions. Desperate times, desperate people. This is why we focus on physical security this month - to underscore how critical it is to a banking...
Each time we see a major data breach related to payment card data, the breached entity says 'Gee, well we were told we were PCI compliant - how could this happen?'
This one was almost predictable.
We were just days away from Aug. 1, the date after which the Federal Trade Commission (FTC) would start enforcing compliance with the Identity Theft Red Flags Rule.
Then came the announcement from the FTC that it's going to extend the deadline. Again.
It's become a Friday night ritual over the past year or so. Wait til 5 p.m., and then watch the clock to see how many after-hours bank failure notices come through from the FDIC or OCC.
If there's one thing I've learned about information security professionals, it's that they come in multiple flavors.
Yet, increasingly today, you want people who can run security like a business, feel comfortable in maintaining a seat at the table and are willing to work with changing governance
As I listened to Bernie Madoff get his prison sentence meted out to him by Judge Denny Chin, I felt some tinge of vindication. But not having been directly affected by the largest Ponzi scheme in history, I can't imagine what the more than 1,000 victims of his unprecedented crime felt at that same time.
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