Kirk Herath, Chief Privacy Officer at Nationwide Insurance Companies, has been in privacy management for more than a decade, and he has two main concerns about today's enterprise: Mobile technology and cloud computing.
A Chicago consumer's federal lawsuit against Michaels raises questions about card-fraud liability, highlighting the blurring line between merchants and card issuers in the wake of a payments breach.
Kevin Sullivan spent months at Ground Zero after the 9/11 attacks on the World Trade Center. Now, post-bin Laden, Sullivan says the 9/11 experience changed him both personally and professionally, and impacted how banking institutions view money laundering and BSA violations.
Chris Painter knows that the United States must determine what are the standard behavioral practices on the Internet before achieving substantial international agreements on cybersecurity.
One of the unexpected impacts of the global economic crisis is that many organizations have lost their business resiliency, says Lyndon Bird, director of The Business Continuity Institute, headquartered in the U.K.
High-profile legal wrangles over ACH- and wire-related fraud remain at a standstill, despite the industry's ongoing discussions about corporate account takeover and how to fight it.
"With significant progress having been made, with growing recognition of DHS's roles and authorities, and the cybersecurity legislative proposal now delivered to the Hill, it's a logical point for me to leave," Philip Reitinger says.
The National Credit Union Administration liquidated Hmong American Federal Credit Union of St. Paul, Minn., on May 18. This closure raises the total number of failed institutions to 51 so far in 2011.
Ian Glover, president of the UK's Council of Registered Ethical Security Testers, has a message for individuals who want to enter the security testing profession today: No hackers allowed, thank you.
The NAFCU says growing debit fraud incidents, such as those linked to the Michaels POS breach and the Sony hack, prove Sen. Jon Tester's proposal to delay debit interchange fee reductions is needed.
Hearing at a Senate Commerce subcommittee addresses smartphone apps that collect consumers whereabouts even though those application don't need to know the users locations to function.
More questions than answers surround the Durbin amendment's future impact on fraud prevention. With all of these open questions, bankers aren't likely to face any significant changes anytime soon, says FICO's Mike Urban.
"Updating this law to reflect the realities of our time is essential to ensuring that our federal privacy laws keep pace with new technologies and the new threats to our security." says bill sponsor Sen. Patrick Leahy.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.com, you agree to our use of cookies.
