Factors driving up the index vary from month to monthly, but the clear takeaway of the survey of IT security practitioners is that they're getting more apprehensive about safeguarding IT.
International law enforcement agencies last week touted the takedown of 36 websites that were used to sell stolen debit and credit data for more than 2.5 million accounts. But how much of an impact will the takedown ultimately have on card fraud?
While the industry is working overtime to catch up to new and emerging fraud trends, it has to remain diligent in its efforts to thwart some long-standing schemes, like check fraud.
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.
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.
Earlier this month, I had the chance to attend RSA Conference 2012, which always reminds me how fluid our industry is, and how important it is to stay educated and abreast of change.
Two of the American government's most IT-security sensitive organizations - the Army and National Security Agency - are looking for ways to employ smartphones to access selected IT systems.
Rep. Dan Lungren, the bill's chief sponsor, contends the regulatory approach taken by his bill would be less intrusive on the private sector than proposed Senate legislation and a plan by President Obama.
"We will provide critical infrastructure owners and operators the timely access to actionable cybersecurity information necessary to protect their own networks and facilities," says one of bill's chief sponsors, Rep. Dan Lungren.
Draft legislation establishing a public-private sector National Information Sharing Organization received generally favorable reviews from a panel of witnesses testifying before a House panel.
U.S. and Estonian authorities have broken up one of the largest Internet crime schemes that allegedly netted $14 million in fraudulent advertising fees and infected 4 million computers in 100 countries.
The statement mailing error that affected thousands of Wells customers easily could have been avoided. The mishap is pretty easy to pinpoint: Checks and balances, no pun intended, were not in effect.
Nearly four years ago, Capital One Bank set out to integrate its fraud detection and anti-money laundering platforms. Today, the institution has some impressive results and savings to share.
The disruption of text messaging and Web browsing for BlackBerry customers opens up issues of company transparency and business continuity. How should the company have responded?
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