New alerts from Visa and MasterCard suggest the breach at Global Payments dates to January 2011, an exposure window significantly longer than originally reported. What are the implications for card issuers?
Banks have a lot of data, but how well is it integrated? How much are institutions gleaning from the data they house? State Street Corp's chief scientist says financial services could be doing more.
How much card fraud can issuers link to the breach at Global Payments? Some sources suggest as many as 7 million payment cards may have been exposed, but how can they be so sure?
Factors driving up the index vary from month to monthly, but the clear takeaway of the survey of IT security practitioners is that they're getting more apprehensive about safeguarding IT.
Gartner's Avivah Litan says banking institutions are spending resources on risk assessments. But what steps will they take next to conform to the FFIEC Authentication Guidance? Litan shares insights.
When breaches occur, most organizations struggle to collect the right data and get investigations off the ground. How can breach response improve? Verizon's Chris Novak offers expert advice.
Do banks and credit unions use all the data they collect? One credit reporting bureau says they could be doing more with their data to track and prevent fraud.
Banks and credit unions say losses linked to card-skimming are a growing concern. Why are skimming attacks successful, and what can be done to thwart the threats?
Many organizations realize they are at risk of insider attacks. But do they have evidence and capabilities to respond to these risks? That's the real challenge, says researcher Larry Ponemon.
Application security is driving demand for highly skilled consultants. It's a challenging profession, and I've broken out five key skills that will distinguish you in the field.
In Georgia, a man has pleaded guilty for his role in a $1.3 million phishing scheme. How did Bank of America and Chase help law enforcement agencies crack this alleged international fraud ring?
Are institutions making the right investments in anti-fraud technologies? As they conform to the FFIEC's updated Authentication Guidance, many could miss the mark, warns Aite's Shirley Inscoe.
Which security concerns should institutions be bracing for, as more consumers adopt mobile banking? BITS offers a collection of recommendations from some of the industry's top institutions.
BITS' new mobile research highlights six key areas of risk every banking institution must consider. Find out what security and fraud-mitigation strategies institutions should be implementing.
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