The Sept. 11 terrorist attacks struck the U.S., but the impact and lessons affected the world and the entire information security profession, says Rolf von Roessing, past international vice president of ISACA.
The 9/11 attacks did not just affect America; they impacted the world. The events of that day stir frightening memories in everyone. In the end, every nation is vulnerable to terrorism.
The Treasury Department's Office of Terrorism and Financial Intelligence has worked to prevent anti-money laundering and illegal cash flow from reaching the hands of terrorist groups, but more needs to be done to further mitigate risks, says Treasury Assistant Secretary Daniel L. Glaser.
"Everyone from the Fed down knew about this and chose to let it go," says mortgage fraud expert L.T. Lafferty. "As a result of that regulatory complacency, the market continues to be plagued with fraudulent activity."
On the morning of Sept. 11, 2001, federal IT leader Mark Forman was briefing government chief human resources directors on the president's e-government initiative at a forum at the University of Maryland, a 10-mile drive from his White House office, when word came of the first jet crashing into the north tower of the...
Gary Foster, a former vice president in Citigroup Inc.'s treasury finance department, pleaded guilty to bank fraud he waged on Citigroup and its customers between September 2003 and June 2011.
As we approach the 10-year anniversary of the 9/11 attacks on the U.S., Kevin Sullivan, a former investigator with the New York State Police, reflects on lessons learned and steps industries still need to take to ensure a tragedy like 9/11 is never repeated.
A new social-media-management tool provided by the ICBA aims to help community banks monitor social media communications, streamlining posts and comments that appear about banks on and through a number of channels.
Two banks were closed by state and federal banking regulators on Thursday, Sept. 1 and Friday, Sept. 2. These failures bring the year's tally to 87 failed institutions.
Philip Reitinger's appointment as Sony's first chief information security officer comes more than four months after a massive breach of Sony's PlayStation gaming system that exposed the personal identifiable information of some 77 million customers.
Although those in the field understand very well that the CFPB will have an enormous impact on privacy policy-making responsibilities, questions remain about what the agency will actually do.
A new California law requires that organizations experiencing a data breach provide more detailed information to the individuals affected. The law, which covers breaches involving financial, healthcare and other personal information, goes into effect Jan. 1.
Are executives spending too much time and energy focused on external hacks, sacrificing attention they should be paying to internal threats? It's good that business leaders understand insiders pose risks, but are they taking those risks as seriously as they should?
Doug Johnson of the ABA and FS-ISAC says banks and commercial customers are improving efforts to catch and thwart incidents of corporate account takeover, a sign that the industry is moving in a positive payments direction.
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