Ultimately, these customer vs. bank legal actions may help answer the question of "What is reasonable security?" Meanwhile, what's the message being sent to banking customers?
Online crimes are increasing in complexity and reach, but they represent only a portion of the fraud trends that banking institutions will face over the next 18 months.
The class action suit brought against Heartland Payment Systems by financial institutions impacted by the 2009 data breach is currently in the hands of Judge Lee Rosenthal, U.S. Southern District Court in Houston, TX.
The University of Maryland University College will offer a new online cybersecurity program this fall at both the bachelor's and master's degree levels.
The Dodd-Frank bill has been described as the most sweeping set of banking reforms since the Great Depression. But what do "sweeping reforms" mean to banking/security leaders?
Eighteen months ago, when the Heartland Payment Systems data breach first hit the news, Heartland CEO Bob Carr knew exactly where to turn - to Tylenol.
Financial institutions in states along the Gulf of Mexico are taking action to prepare for the long-term financial impact of the BP oil spill - including fraud attempts against customers.
In the wake of the final Senate vote on the historic banking regulatory reform bill, a former chairman of the Federal Deposit Insurance Corporation says the legislation is missing "almost everything."
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