As eyes are now focused on South Africa for one of the world's largest sporting events, so are fraudsters - taking aim at tourists' credit and debit cards.
Spring is the season for the phishers to come and try to take advantage of to the unsuspecting public in the form of official-looking emails talking of tax refunds, as well as claims that the government has money waiting for them.
It's all anyone wants to talk about.
In the wake of Washington Mutual's historic failure last week and the Wachovia takeover today, all anyone wants to discuss is the enormity of these events what they mean to the banking industry.
I was presenting at a credit union conference this week, where the session before mine covered current economic conditions. The timing was perfect in a macabre sort of way, as the 24 hours prior were filled with news about the Merrill Lynch rescue and Lehman Brothers collapse. As part of the Q&A phase, a prediction...
GLBA who? Bank Secrecy what? Insider Threat?...is that something mob-related?
Your customers may not even know your institution is examined for security compliance by the banking regulatory agencies, and so most likely will have never even heard about the ID Theft Red Flags Rule and the impending November 1 ...
So, I'd started my weekly blog entry intending to discuss application security (I'm keenly interested in what the just-released BIS survey is going to reveal) when the following headline came across on my BIS RSS feed "Social Engineering Hits Brit Bank Head, Victim of Fraud."
You'll have to forgive me for being so...
To me, it was a given.
In the wake of recent news of IndyMac and other bank failures, it seemed safe to say that U.S. banking institutions were dealing with a bit of a crisis of confidence. I mean, I didn't imagine that line of anxious customers outside IndyMac, did I?
But then I got a recent note from a...
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