Reports of ATM fraud incidents continue to rise.
Criminals hit ATMs in two states over the recent holidays to skim account numbers and PINs from customers in North Carolina and Florida, according to police.
The New Year started where the old one left off: Federal and state banking regulators closed a pair of banking institutions on Friday, Jan. 8.
In Washington, Horizon Bank of Bellingham was closed by the Washington State Department of Financial Institutions. And in California, the Bakersfield-based Kern Central...
It's been over a year now since banking regulators began examining institutions for compliance with the Identity Theft Red Flags Rule. What have been the common deficiencies, and what will examiners be expected in year two?
Jeff Kopchik, senior policy analyst with the Federal Deposit Insurance Corporation (FDIC),...
Heartland Payment Systems announced today that it will pay Visa-branded credit and debit card issuers up to $60 million to cover losses incurred from the Heartland data breach. It is the largest known settlement amount ever paid to Visa as a result of a breach, eclipsing the TJX settlement of $40.9 million in November...
How prepared is the financial services industry in the event of a cyber attack?
The Financial Services Information Sharing and Analysis Center (FS-ISAC), a national industry forum, will conduct Cyber Attack Against Payment Processes (CAPP), an exercise to measure the ability of financial institutions, payment...
Philip Foley, a former marine, is a senior security analyst for governance, risk and compliance at Verizon Cybertrust Security. He works a minimum of 40 hours per week with extensive travel - and then dedicates another 10-12 hours to pursuing an online graduate degree in Information Assurance from Norwich University.
2010 is the Chinese year of the tiger - a fitting image for banking/security leaders that must be vigilant against the information security threats that challenge financial institutions and their customers.
To prepare for this New Year, we've prepared a Banking/Security Agenda that looks at fraud, regulatory...
Marcus Ranum has a unique take on the biggest information security threats to organizations and individuals.
A renowned expert in secure systems and design, Ranum, currently the CSO of Tenable Security, offers a new look at topics such as the risks of cloud computing and what he calls the myth of cyber warfare.
The 10 most significant events regarding government cybersecurity in 2009 saw its genesis with the inauguration of a Blackberry-toting chief executive, the most tech-savvy president to occupy the Oval Office.
Interview with Jay Foley of the Identity Theft Resource Center
Financial scams and incidents of medical identity theft are on the rise - and they're among the main threats to business and consumers in 2010. This is the warning from Jay Foley, executive director of the Identity Theft Resource Center.
If you thought 2009 was a tough year in terms of regulatory scrutiny, wait until 2010.
With regulatory reform and consumer protection high on the agenda, financial institutions should face new pressures on several fronts, say industry observers.
Here are the top regulatory issues for banking institutions to...