U.S. Attorney Steve Wiggington says identity theft, especially linked to card skimming, is still the No. 1 fraud threat facing financial services institutions as well as consumers. He stresses information sharing is critical for fighting fraud.
The breach of a card loyalty marketing company has reignited discussions about the roles banking institutions, regulators and others play when it comes to mitigating third-party risks. Where should the buck stop?
Organizations must guard against making three common mistakes when conducting an investigation of a data breach or fraud incident, says attorney Kim Peretti, a former Department of Justice cybercrime prosecutor.
In this week's breach roundup, read about TD Bank notifying 17,000 customers about the disclosure of their bank account statements and the theft of a hard drive that impacted 7,000 patients at University Hospitals of Cleveland.
Banking executives were among the CEOs who met with President Obama at the White House to discuss cybersecurity strategies. Paul Smocer of BITS explains how this discussion may pay off for financial institutions.
The Office of the Comptroller of the Currency is the first major U.S. banking regulator to issue updated guidance on third-party risks. What are the key tenets, and what should institutions expect next?
The Army Research Laboratory is collaborating with five research universities on a $23 million, 5-year initiative to develop what's being characterized as a new science to detect, model and mitigate cyber-attacks.
Senior leaders in business and government are buying in to the need for more cybersecurity investments as well as threat-intelligence sharing, new research shows. But why are they still struggling to hire the right security pros?