I was talking the other day with a friend who works at an information security risk company. He shared with me the higher-level details of a physical penetration test on which he tagged along.
When a Dallas, TX bank needed some help to stop unauthorized data, it pulled out the biggest guns it could locate to stop the data leaking out of its networks.
The choice was a natural progression of what the bank was already doing to stop data loss, according to Omni American Bank's Chief Information Officer Tony...
Our insightful content just became a whole lot more interactive - and opinionated.
With the debut of five new blogs on BankInfoSecurity.com and CUinfoSecurity.com, Information Security Media Group (ISMG) is opening the floodgates to a whole new level of informed opinion and two-way communication with its vast...
I started scoping out my next blog entry with PCI in mind (and how it will likely find its way into the community-bank/credit union space in a few years) and was blind-sided by one of my favorite nits to pick recently: the risks presented by poorly managed third-party vendor relationships.
By now we've all heard the buzz term "Web 2.0" - but how many of you truly grasp what it means?
For some time, even those entrenched in Internet marketing and technologies struggled to define the term (brings to mind "GRC"), and nowadays it seems more appropriate to describe web 2.0 by giving examples of specific...
Life on the Great Plains for many nomadic Indian tribes was built around the buffalo. The tribes followed the herds of great shaggy beasts across the rolling hills of tall grass, their entire lifecycle centered on the buffalo herd. Braves honed their lance and bow and arrow skills with hours of practice. A common...
Credit and debit card fraud: It's the threat that keeps growing and evolving.
A year ago, many banks and credit unions were forced to cancel and reissue thousands of cards as a result of the TJX breach. More recently, banks located in Indiana saw accounts breached from ATM or debit card transactions. Indiana law...
Less than a month after TD BankNorth customers in New Hampshire were alerted by the bank that their Visa debit or credit cards may have been compromised comes news of a phishing email scam against the bank's customers. The bank, headquartered in Portland, ME, has $119 billion in assets and 1,100 locations on the east...
The water is beginning to slowly recede from last week's record rain in the Midwest, and the Federal Emergency Management Agency says more than 11 million persons will be affected by the flooding and tornadoes. One Iowa city, Cedar Rapids, was hit with what is being called a "once-in-3000-year flood. The wide ranging...
The clear message from banking regulators in their Senate testimony is: Banks are hurting.
The follow-up question is: Exactly how badly are they hurting, and how will their pain trickle down to impact information security programs and priorities?
Mergers and acquisitions are a way of life for financial institutions, and so many pertinent business issues bubble up whenever an M&A is discussed.
But when does information security enter the discussion?
Not early enough, says Nalneesh Gaur of Diamond Management & Technology Consultants. In this interview,...
The OCC recently issued a bulletin (2008-16) in which it targets application security and the need for banking institutions to properly address application security "whether internally developed, vendor-acquired, or contracted for." I for one am relieved.
EDITOR'S NOTE: This is the first installment of an occasional series summarizing key banking/security regulatory documents.
The Business Continuity Planning manual is part of the IT Examination Handbook from Federal Financial Institutions Examination Council (FFIEC). The March 2008 version of the BCP manual has...
An unencrypted backup tape is missing from the Bank of New York Mellon, potentially exposing information on 4.5 million customers of that bank and of People's United Bank of Bridgeport, CT.
The missing tape contains social security numbers and bank account information on 4.5 million customers - including several...
New Hampshire customers of TD BankNorth were notified earlier this week that their Visa debit or credit cards have been compromised, and the likeliest culprit is the recent Hannaford Brothers Supermarkets security breach.
"We became aware during the last few days that there was some fraudulent activity on some of...
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