Debbie Christofferson has worked in IT and information security for many years. And if there's anything she's learned about risk management, it's this: It's all about risk. "All of your decisions about information security should be based on risk to the organization."
There have been roughly 40 incidents of skimming or POS attacks reported so far in 2010. They range from tried-and-true ATM skimming to insider crimes and the troubling new trend of pay-at-the-pump thefts.
The move by Bonneville Bancorp to block signature-based debit transactions in California, Georgia and Florida shows that banking institutions have recourses to pursue in their fight against card fraud.
A working group created by the Financial Services Information Sharing and Analysis Center is honed in on developing best practices for institutions and their customers to help fight corporate account takeover.
The California state legislature has passed a stronger data breach notification bill that could mean increased consumer privacy protection for residents -- if Gov. Arnold Schwarzenegger signs it into law.