Cyberhackers are increasing their efforts to target online credentials. And phishing attacks waged against accountholders at Chase in the U.S. and Barclays in the U.K. have made it clear that banking accounts are the target.
Steven VanRoekel says the mobile revolution will fundamentally change the way the federal government serves the public and its employees. But in outlining the Federal Mobile Strategy, the federal CIO hardly mentions security and privacy.
The insider poses one of the greatest and most damaging security risks any organization faces. So why do so many businesses and institutions fail when it comes to addressing this most obvious security risk?
Funding would be through NIST's Small Business Innovation Research program that fuels technological innovation by strengthening the role small business plays in bringing to market innovations derived from federal R&D.
A 17-year-old was slapped with a 60-day jail sentence after he was busted for skimming credit and debit details while working the drive-thru window at a McDonald's restaurant in Olympia, Wash.
What are consumers looking for when it comes to mobile banking and payments? Javelin's Mary Monahan says security and functionality rank high on the list of mobile demands.
To help prevent breaches, mobile devices should be encrypted even if storage of sensitive information on them is prohibited, says security expert Melodi Mosley Gates.
New York law enforcement authorities have announced the arrest of a Romanian national and the takedown of an ATM skimming scheme that compromised more than 40 ATMs at HSBC bank branches in Manhattan, Long Island, and Westchester, N.Y.
When it's time to stand up in court and discuss forensic evidence in a legal matter, you need someone who knows your business best, says Greg Thompson, VP enterprise security services at Scotiabank Group.
Employment among IT security professionals in the U.S. rose significantly throughout 2011, as unemployment virtually was nonexistent among those with cybersecurity skills, according to our analysis of government data.
John Carlson sees the evolution of technology introducing new threats to financial institutions. So, how will BITS' new VP of cybersecurity and fraud prevention help banks mitigate those risks?
As U.S. banking institutions work to conform with the FFIEC Authentication Guidance, are they now doing better jobs of detecting and preventing incidents of ACH and wire fraud?
Outrageous Facebook behavior by a contractor at a California hospital offers an eye-opening reminder about the need for a zero-tolerance policy when it comes to privacy violations.
Financial institutions still have a long way to go to fight fraud and mitigate online banking vulnerabilities. But what exactly are the top vulnerabilities, and what can institutions do about them?
Save Mart, the Modesto, Calif.-based grocery chain, now confirms that skimming devices are to blame for the data breach believed to have exposed hundreds of consumer accounts to debit and credit card fraud.
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