Guidance on how organizations should protect the confidentiality of personal identifiable information, SP 800-122: Guide to Protecting the Confidentiality of Personally Identifiable Information, or PII, has been issued by the National Institute of Standards and Technology.
One bank and one credit union were closed by state and federal regulators on April 8 and 9, raising to 48 the number of failed institutions so far in 2010.
The Connecticut Department of Banking on April 8 closed a Bloomfield, CT credit union and appointed the National Credit Union Administration as liquidating agent.
Think you know how you should communicate with your customer? What about when there is some suspicious activity on their account - how do you reach out to them? And when?
Over the past year or so, since the Heartland Payment Systems breach, we've heard a lot about the Payment Card Industry Data Security Standard (PCI DSS). What does 'PCI compliant' mean? Can a PCI compliant organization be breached? What's the role of the Qualified Security Assessor (QSA)?
Peter Spier, Senior Risk...
Payment cards, ACH, ATM - these are the forms of fraud that have made the biggest news so far in 2010. But there's another variation preying upon banking institutions, too.
"While the question of how best to balance privacy and security in the 21st century has no simple answer, what is clear is that our federal electronic privacy laws are woefully outdated," Sen. Patrick Leahy says.
Interview with Adrian Davis of the Information Security Forum
In terms of payments, privacy and third-party relationships, U.S. security leaders have much to learn from - and share with - their peers in the U.K. and elsewhere in the world.
This is the perspective of Adrian Davis, a senior research consultant...
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