The social network Myspace has settled with the Federal Trade Commission over misrepresenting its privacy policies by sharing personally identifiable information with advertisers without first getting permission from users.
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.
Phishing - it's the classic scheme that never goes away. In fact, it evolves. Amy Blackshaw of RSA offers insights on how to respond to this and other trends identified in the 2012 Faces of Fraud survey.
In an exclusive interview about the 2012 Faces of Fraud Survey, Blackshaw discusses:
Today's top fraud...
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.