Anti-money-laundering experts say Standard Chartered Bank's settlement with a regulator is a wake-up call for banks. Could more state regulators impose penalties for records tied to foreign transactions?
By combining responsible management, risk management and compliance functions and internal audits, organizations will go far in securing their data and systems, says PricewaterhouseCoopers Partner Carolyn Holcomb.
More malware attacks fueled by Citadel and Reveton are getting attention from federal authorities, which say banking institutions and consumers should be on high alert. What can institutions do to mitigate emerging malware risks?