OK, so today's the day.
After two months of anxious anticipation, today is May 19, the deadline Visa set for financial institutions to file fraud claims related to the Heartland Payment Systems (HPY) data breach.
The Heartland Payment Systems (HPY) data breach has already cost the card processor millions in fines from Visa and MasterCard.
This news was revealed by CEO Bob Carr in Heartland's recent earnings call, wherein Carr said the much-publicized breach has already cost the company $12.5 million.
The federal judge who heard the collective civil claims filed against the Hannaford Bros. supermarket chain issued his opinion on the 21 claims on Tuesday in Portland, ME. All but one of the 21 civil claims filed against the supermarket giant for alleged failure to protect consumers during the company's network breach...
I certainly wasn't around during the Spanish Flu pandemic of 1918-1919 - I vaguely remember the 1968 Asian Flu pandemic as a small child - but some of my relatives recall that health catastrophe of 88 years ago.
My 95-year-old great uncle remembers the 1919 school year as being abbreviated, cut short as a second...
I'd like to think we saved the best for last.
This past Friday, as the annual RSA Conference concluded, I presented the results of our annual Banking Information Security Today survey to a surprisingly packed house of banking/security leaders, regulators, consultants and vendors.
The first federal CTO thinks the new federal CTO also could serve as the federal cybersecurity czar.
Norm Lorentz served as the federal chief technology officer in 2002 and 2003, working within the White House Office of Management and Budget. In that job, Lorentz focused on developing the federal IT enterprise...
She did a Geithner.
In making her first public appearance since delivering her long-awaited cybersecurity review to President Obama last week, Melissa Hathaway took to the stage at the RSA Conference in San Francisco on Wednesday. And she did exactly what Treasury Secretary Timothy Geithner was criticized for when...
The annual RSA Conference was held in San Francisco April 20-24, bringing together the nation's - in some case's the world's -- top security experts, leaders and vendors for a week-long exploration of the day's top threats and opportunities.
Cybersecurity. Cloud Computing. Encryption. Public/Private...
As I reviewed the testimony from the other week's hearing on the Payment Card Industry Data Security Standard (PCI DSS) in Washington, D.C., a nursery rhyme popped into my head. While people called to testify about PCI and its effectiveness managed to dodge that all of the breached entities of the last few years were...
OK, so it's April 15, and everyone's mind turns to taxes and filing returns.
Me? I'm thinking of the pace of failed banking institutions we've seen so far this year - and wondering just how much we're taxing the FDIC's insurance fund.
Among the layoffs, companies downsizing, slashing budgets and falling stock prices, there is one area of the economy that appears to be flourishing - crime via the Internet.
The Internet Crime Compliant Center (IC3) says that reports of Internet-based crime jumped 33 percent in 2008, according to the group that...
OK, so here's a reaction I never expected.
We've talked a lot about the banking crisis over the past year - the differences between Wall Street and Main Street, and how all financial institutions are impacted in one way or another by fallout from the industry's "3 B's," Bailouts, Bernie and Bonuses.
"Knowledge is the currency of the future," says Sidney Pearl, Global Director of Enterprise Security Solution management for the Unisys Global Financial Services business.
And according to the latest Unisys Security Index, Americans are getting much smarter - and more demanding - about the basic information...
It is an age old question: Who really is in charge of security? A look back into history, one can see the origination of the word "password" and how it came from the guard at the gate of a city or castle, who upon approached, would say "Halt, who goes there?"