Partisan bickering surrounding a bill aimed at protecting the nation's critical IT infrastructure is the likely reason the measure will not come up for a vote in the lower chamber this week, as representatives debate four other cybersecurity bills.
Gartner fraud expert Avivah Litan shares ideas about how lessons learned from the Global Payments data breach can help security practitioners mitigate card-fraud risks and prevent future incidents.
Banking institutions expect significant increases in fraud-fighting resources in 2012. But in which solutions should they invest? Banking CTO Michael Wyffels has some prioritized suggestions.
When it comes to fighting financial fraud, Peter Tapling of Authentify says banking institutions are chronically underestimating and under-utilizing one key resource: Their own customers.
When it comes to the FFIEC Authentication Guidance, Aite analyst Shirley Inscoe fears too many banking institutions are investing only in achieving compliance - not ongoing security.
Eighty-five percent of data breaches go undetected, but organizations have a new type of cop on the beat to ferret out these illicit activities - the data scientist, says Phil Neray, head of security intelligence strategy and marketing for Q1 Labs, an IBM company.
As the House prepares to vote on a slew of cybersecurity bills, James Lewis of the Center for Strategic and International Studies provides the skinny on the measures and their chances of passage.
The tale of a close call with a phishing attack illustrates why educating consumers and businesses about online security risks plays a critical role in the fight against fraud.
What security vulnerabilities are exposed by recent skimming attacks at eight Toronto hospitals? Fraud experts say there are lessons to be learned when placing ATMs outside traditional bank locations.
Rep. Dan Lungren introduced an amendment to his onetime bipartisan cybersecurity bill that won only the backing of fellow Republicans with Democratic members of the House Homeland Security Committee objecting to the changes.
How will Diane Ness and BITS help banks reduce fraud? As the new head of fraud-reduction programs for the technology division of the Financial Services Roundtable, Ness says education and communication about emerging threats will be a priority.
Securing the massive amounts of data swamping organizations, a trend known as big data, can be addressed, in part, by organizations simply getting rid of data no longer needed, Grant Thornton's Danny Miller says.
With many questions surrounding the Global Payments breach left unanswered, how should card issuers respond to customers' concerns? ID theft expert Neal O'Farrell offers communications tips.
How well do banks conform to the FFIEC's updated Authentication Guidance? Gartner analyst Avivah Litan says most have made progress, but they still struggle with the details.
Until these deficiencies are fully addressed, a GAO audit reveals, increased risk exists to unauthorized access to sensitive data and programs and disruption of critical operations on managing the federal debt.
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