The PATCO fraud dispute could have been settled in 2009, says co-owner Mark Patterson. Why did the case drag on, and what can banking institutions and fraud victims learn from PATCO's recent settlement?
South Carolina's Revenue Department went nearly a year without a chief information security officer before its tax system was hacked this summer. The agency's chief says the state couldn't find a qualified candidate for the job that pays $100,000 a year.
An insider fraud scheme at a financial institution highlights how executives with too much power can abuse the system. What steps could have been taken to prevent the losses that ultimately led to this institution's failure?
Small attacks aimed at merchants are proving the most fruitful for hackers, recent analysis from Verizon shows. But risk expert Wade Baker says there are steps banking institutions can take to respond.
Given the magnitude of sensitive information on Social Security Administration computers, the inspector general says, any loss of confidentiality, integrity or availability of systems or data could have a significant impact on the nation's economy.
The recent wave of DDoS attacks against top U.S. banks is a wake-up call for organizations that are ill-prepared to fight against such an attack. NIST's Matthew Scholl offers strategies to mitigate the threat.
Nearly five months after an appellate judge urged an out-of-court resolution, People's United Bank and PATCO Construction have reached a financial settlement in their dispute over wire fraud losses.
Developing a bring-your-own-device
policy that's well-integrated with an organization's overall information security strategy requires a multi-disciplinary, collaborative approach, says attorney Stephen Wu.
Credit and debit fraud is growing, and that uptick is leading to the loss of customers for issuing banks. But a new global study finds consumers want to work more with institutions to detect and prevent fraud.
How do we provide mobile applications to our users that fulfill their need for immediate access, but also provide them with assurance that their information is safe? Here are four fundamentals.
What are the key skills and tools forensics pros use in probing a data breach? What can we learn from recent breaches? Rob Lee of SANS Institute walks us through a typical forensics investigation.
Organizations that have struggled with risk assessments to comply with PCI-DSS requirements now can take advantage of new guidance. Learn about the latest advice on how to address shortcomings.
A report released by Gov. Nikki Haley says the hacker obtained the password when an employee of the Department of Revenue opened an e-mail containing malicious computer code.
The goal is admirable: Eliminate all traces of online information about an individual if that's what he or she wants. But is the right to be forgotten an impossible dream?
David Sherry, CISO of Brown University, sees the security leadership role transitioning completely to risk and governance over the next few years. What challenges will leaders face along the way?
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