Mobile banking is a 'must-have' today, but the foray into this new financial-services arena comes with risk. Consistent review and implementation of security layers and controls is the only strategic way to tackle emerging mobile offers.
U.S. and Estonian authorities have broken up one of the largest Internet crime schemes that allegedly netted $14 million in fraudulent advertising fees and infected 4 million computers in 100 countries.
Security concerns are the top barrier between consumers and mobile banking. Yet, only 17 percent of institutions have integrated consumer education into their mobile strategies. Javelin's Mary Monahan offers three tips to improve awareness.
The U.S. government is circulating a draft document of seven high-level categories detailing tasks, skills and job titles of IT security occupations that should help organizations to architect more effectively their staffs to safeguard data and systems.
Sen. Charles Schumer is asking the Federal Trade Commission to look into a new practice in which credit agencies keep estimates of individuals' personal information such as medication use and personal income from consumers.
An estimated 650,000 customers have recently switched from big banks to community banks and credit unions. But are these smaller institutions prepared for the new demand for security and fraud prevention?
Want more money to spend on your enterprise's information security programs? Deloitte's Mike Brown and Amry Junaideen say IT security managers must show their non-IT bosses how the lack of IT security would adversely affect their operations.
When it comes to responding to today's high-profile information security incidents, technical abilities simply aren't enough, says Gavin Reid of Cisco's Computer Security Incident Response Team. Here are the five must-have skills for today's incident response professionals.
Two fraud suspects had the perfect scheme, skimming payment card numbers at local gas pumps and then using counterfeit cards to buy more than $70,000 worth of goods at area merchants. But then they got greedy.
Police say financial specialist Librado Wright spent months siphoning more than $500,000 from Wachovia Bank's customer accounts. But when he attempted to withdraw the funds, the bank had a surprise for him.
A new intelligence community report to Congress shows how the proliferation of new technologies, such as portable devices that connect to the Internet, will create new espionage opportunities for malicious actors.
The draft publication defines high-priority requirements for standards, official guidance and technology developments that need to be met in order for agencies to accelerate their migration of existing IT systems to the cloud computing model.