Dollars lost of fraud are one measure of an incident's impact. But the "soft" costs - loss of reputation and productivity - are the ones that most get the attention of Terry Austin of Guardian Analytics.
Too many banks and credit unions are being narrow-minded in their approaches to FFIEC Authentication Guidance conformance, by focusing on commercial accounts and neglecting retail accounts, one ACH fraud attorney says.
Banking regulators have begun examining institutions for conformance to the FFIEC Authentication Guidance. What gaps will they find? Terry Austin of Guardian Analytics offers insight and security tips.
Cybersecurity Act sponsors intensify their campaign to enact the legislation that would change the way the government protects critical federal and private-sector IT networks as a group of key Republican senators offers an alternative bill.