Want to reduce ATM skimming incidents? Heed the advice of Seattle-area banking institutions and law enforcement officials, who have gleaned a half-dozen clues from that region's recent fraud investigations.
Breach notification laws in most states would be preempted if a bill approved by the Senate Judiciary Committee becomes law. But that's a big if because of GOP objections, such as those voiced by the panel's ranking member, Charles Grassley.
It's been well over a year since the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act. How should banking institutions prepare for the hundreds of new regulations expected to come as a result of this landmark legislation?
The breach earlier this month of certificate authority DigiNotar could prove to be the worst security event ever to happen on the Internet because it threatens, at its core, a fundamental principle of Internet transactions - economic and social - trust.
Federal investigators say the two latest suspects, along with other accomplices, are suspected of being connected with Seattle-area debit- and credit-card skimming schemes that span at least six months.
"It's important, in that climate today, where we have very sophisticated cyberattacks taking place, to have the ability to do a fairly comprehensive analysis on the threat space," NIST Senior Computer Scientist Ron Ross says.
International communication and public-private partnerships are the keys to cybersecurity in the financial space, according to the Department of Homeland Security and the Financial Services - Information Sharing and Analysis Center.