Well, it is good to finally have a number to go along with the Heartland Payment Systems data breach, and even better that three hackers have been indicted for the crime. Albert Gonzalez, a 28- year-old identified as the lead hacker, faces up to 25 years in prison and a $250,000 fine if convicted.
Robberies, ATM heists, insider thefts - there are so many risks to employees, customers, funds and electronic data, and they're only heightened by economic conditions. Desperate times, desperate people. This is why we focus on physical security this month - to underscore how critical it is to a banking...
This one was almost predictable.
We were just days away from Aug. 1, the date after which the Federal Trade Commission (FTC) would start enforcing compliance with the Identity Theft Red Flags Rule.
Then came the announcement from the FTC that it's going to extend the deadline. Again.
If there's one thing I've learned about information security professionals, it's that they come in multiple flavors.
Yet, increasingly today, you want people who can run security like a business, feel comfortable in maintaining a seat at the table and are willing to work with changing governance
Looking for summer reading?
Just finished a new book, "Late Edition," by one of my favorite writers, Bob Greene. This is a touching, often funny memoir of Greene's days as a newspaper rookie in Columbus, Ohio in the 1960s.
Financial institutions must execute best practices internally and do a better job educating their customers on identity theft.
This is the advice stemming from the Identity Theft Resource Center (ITRC), which recently released its sixth annual report, Identity Theft: The Aftermath 2008, providing essential...
As I listened to Bernie Madoff get his prison sentence meted out to him by Judge Denny Chin, I felt some tinge of vindication. But not having been directly affected by the largest Ponzi scheme in history, I can't imagine what the more than 1,000 victims of his unprecedented crime felt at that same time.
Email security is an issue for businesses and agencies of all sizes. To tackle that challenge, BITS and eCert Inc. have just released a new paper entitled "Email Sender Authentication Deployment."
In an exclusive interview, Paul Smocer, VP of Security at BITS, discusses:
Top email security challenges facing...
The power of social networking web sites can be measured by just looking at the number of hits (or visits) to a person's web page on such well-known sites as MySpace or Facebook.
The negative side web users should consider before placing information on such social networking sites include the connection one...