Five financial institutions have filed a class action suit alleging that two acquiring banks, Heartland Bank and Key Bank, should be included as defendants and share responsibility for damages caused by the Heartland Payment Systems data breach.
I remember Jan. 20, 2009, as a date of historic significance. Not only did the country see the swearing in of the first African American U.S. President, but at the same time as the country's eyes were on Washington, D.C., there was another historic event happening.
At least two banking institutions have posted messages on their websites, alerting members to be wary of a bogus application distributed on mobile phone platforms.
What are the new year's top trends in banking, payments and security?
Javelin Strategy & Research has just released its Top 10 Trends report for 2010. James VanDyke, president of Javelin, discusses:
Top headlines from the new report;
Biggest threats to banks, payments and security;
The "next big thing" in...
The most critical and often weakest link in ANY security program is the human element. This is true in data security, and as the events of Christmas day showed us, national security as well.
The $60 million settlement announced by Heartland Payment Systems and Visa on Friday didn't come without some provisions (translated: strings attached) for those institutions thinking about taking the settlement offer.
Heartland Payment Systems announced today that it will pay Visa-branded credit and debit card issuers up to $60 million to cover losses incurred from the Heartland data breach. It is the largest known settlement amount ever paid to Visa as a result of a breach, eclipsing the TJX settlement of $40.9 million in November...
With the global recession barely in the rearview mirror, you hear a lot of people saying one of two things: "I'm lucky to even have a job" or "This is a lousy time to be looking for work."
2010 is the Chinese year of the tiger - a fitting image for banking/security leaders that must be vigilant against the information security threats that challenge financial institutions and their customers.
To prepare for this New Year, we've prepared a Banking/Security Agenda that looks at fraud, regulatory...
Nearly one year after the announcement of the biggest known data breach ever reported, the international hacker behind the crime pled guilty and will be sentenced in March.
Now that the New Year is here and 2009 is behind us, here's a list of all the things that I think that infosec pros at financial institutions would like to receive in 2010
Earlier this week, I blogged on what have been the most popular interviews I've conducted in 2009 - and there have been a lot of them.
Today I'd like to talk about my favorite interviews of the year. And there have been a magnificent seven of those.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.com, you agree to our use of cookies.