Imagine living in a country where electronic voting is universal, there are 39 million Internet users, and 25 million of them are also Internet banking users.
Welcome to Brazil, whose online banking services and lessons-learned were presented to attendees at the RSA Conference on Tuesday.
According to Maria...
Bank of America is well known for its mobile banking services. Currently, the institution has 750,000 mobile banking customers receiving services on 400 different kinds of devices.
But did you realize that one of the ways BoA secures its electronic offerings is by providing its customers with abuse reporting...
The price tag for The TJX Companies, Inc.(NYSE: TJX) to settle with MasterCard and its card-issuing banks is $24 million. This settlement, announced this week, comes on the heels of the TJX settlement with the Federal Trade Commission in late March.
While many in the industry see the FTC's settlement (no fines, but...
Of all the major areas of business continuity/disaster recovery, pandemic preparation is where financial institutions say they've done the least work. And yet it is the major focus of banking regulators, which in 2008 expect institutions to step up their pandemic preparation efforts.
In this interview, Regina...
Timing is everything, and March was the perfect time to focus on business continuity and disaster recovery.
On the heels of our State of Information Security survey, which showcased your main areas of concern (namely, pandemic preparation), March saw the release of important new guidance: the Federal Financial...
Interview With Emergency Management Expert Regina Phelps
Of all the major areas of business continuity/disaster recovery, pandemic preparation is where financial institutions say they've done the least work. And yet it is the major focus of banking regulators, which in 2008 expect institutions to step up their...
Howard Sprow, vice president of Business Continuity Planning for the Securities Industry and Financial Markets Association (SIFMA) is a long-time leader in emergency management issues in the financial services industry. Recently we interviewed him on SIFMA's work in business continuity and pandemic planning.
The hurricanes that devastated the Gulf Coast regions in the summer and fall of 2005 are nothing new to most people. The personal tragedies, loss of life and property were well documented by the national media.
But what about the story of one financial institution that weathered the storms and emerged intact - its...
Early in the evening on Tuesday, Feb. 5, a powerful storm system hit the Jackson, TN., area. A total of 79 confirmed tornadoes touched down in 10 states over the course of two days, killing 57 people. Among the local businesses hit hardest was Jackson's Union University branch of BancorpSouth, ($13 billion assets,...
There's a lot to think about beyond the security cameras, guards and locks. That's why we made physical security one of our earliest priorities this year, and why you should give it equal consideration.
Following is a recap of the physical security stories we've presented so far this year.
If there's one single notion common to financial institutions of all sizes, it is confidence -the need to have shared trust with employees, partners and especially customers. Without this confidence, banking institutions cannot succeed.
And if there's one common theme emerging from the inaugural State of Banking...
In the wake of news about insider fraud at French bank Societe Generale, two different banks in two different countries have acknowledged information security breaches that underscore the need for increased vigilance - by financial institutions and their customers.
A new report on last fall's national pandemic exercise reveals that financial institutions still have key areas to address in preparing for a global flu outbreak.
Workforce, supply chain and third-party service providers are among the issues targeted for further refinement -- and forthcoming guidelines -- in...
A Philadelphia bank and two Washington State credit unions this week revealed that their customers had been solicited in new, telephone-based phishing attacks aimed at stealing personal account information.
TOM FIELD: I wanted to ask you just to start out regarding data breach response plans. You see a lot of these. Where do you typically see that an institution has some holes in its plan? REBECCA HEROLD: Well, first and foremost, most organizations still do not have a documented privacy breach response plan. ...
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