Banking/security leaders aren't crazy about banking regulators telling them they could have done a better job detecting ACH fraud, and they're eager for more specific guidance on what to do going forward.
In today's world, where certain data must be let in so governments and businesses can realize their missions, firewalls must be able to see the content flowing through networks, NIST Computer Scientists Tim Grance and Murugiah Souppaya say.
The National Credit Union Administration has placed Land of Enchantment Federal Credit Union of Santa Fe, N.M., into liquidation. Guadalupe Credit Union of Santa Fe, N.M., purchased and assumed Land of Enchantment's assets, liabilities and members.
Recent incidents of corporate account takeover have pushed regulators, associations and practitioners to call for greater awareness and more collaboration between commercial customers and banks. But is there an ROI to enhanced awareness?