After one of its commercial customers fell victim to an online account takeover, this community bank suffered losses, reputational damage and learned that legal disputes rarely favor the bank.
Consumer fraud trends suggest banking institutions will lead the fight against ID fraud, and international regulators are taking closer looks cross-border payments and money laundering.
It's not enough to recover data after an incident; also essential is restoring the software needed to read the data, as Federal Emergency Management Agency has learned. The inspector general explains it all.
What if, while searching the Internet, you come across a Facebook profile of one of your employees, including inappropriate pictures and personal remarks on the supervisor? What does this mean to you as an employer? And what can you do about it?
"I'm not sure there is a way to protect a customer if their actions put their network at risk," says the president of a bank victimized by corporate account takeover.
One community bank shares its side of the corporate account takeover story, and a new survey finds that security compliance reduces long-term expenses.
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