Although businesses understand the benefits of sharing cyber-threat information with law enforcement, they often let perceived legal constraints prevent them from collaborating, says Mary Galligan, a former FBI investigator.
The breach of a card loyalty marketing company that exposed card data and other personally identifiable information illustrates the privacy vulnerabilities third parties pose, experts say.
The same vulnerabilities that have made the online banking channel an easy target for fraudsters also will soon plague mobile banking, says Julie Conroy, a consultant with Aite.
One key provision of Article 4A of the Uniform Commercial Code, which deals with reasonable security measures for banks, needs to be dropped, contends attorney Dan Mitchell, who represented PATCO Construction in an account takeover dispute.
A new set of patent infringement suits is targeting payment card networks, payment processors and e-commerce sites. Meanwhile, the American Bankers Association has endorsed pending federal legislation designed to help curb these legal actions.
Top Obama administration IT leaders testified to a Congressional committee Nov. 13 about the technical woes of the HealthCare.gov website. Learn what they had to say about important security issues.
Do you know how many government agencies or, for that matter, critical infrastructure operations that have been attacked online? Neither does Congress. But some senators have introduced legislation to find out.
In mitigating insider threats, technology should be used in conjunction with information sharing and risk-prevention business practices, says Jason Clark, a researcher at Carnegie Mellon University.
New payment card security standards issued by the PCI Council include a number of improvements, plus some glaring omissions, such as requirements for mobile, security experts say. What are their chief concerns?
Organizations must guard against making three common mistakes when conducting an investigation of a data breach or fraud incident, says attorney Kim Peretti, a former Department of Justice cybercrime prosecutor.
A recent ATM fraud scheme that targeted banks in three states illustrates just how sophisticated ATM attacks have become, experts say. Learn how fraudsters are increasingly keeping their skimming schemes concealed.
In this week's breach roundup, read about TD Bank notifying 17,000 customers about the disclosure of their bank account statements and the theft of a hard drive that impacted 7,000 patients at University Hospitals of Cleveland.
The number of reported breaches is up considerably this year, but so is the overall quality of organizations' breach preparedness, says Michael Bruemmer of Experian Data Breach Resolution.
The National Institute of Standards and Technology continues to collaborate with the National Security Agency on its IT security guidance even as it investigates whether the spy agency meddled with one of its special publications.
The FBI has announced the addition of five individuals to its Cyber's Most Wanted list for crimes that include hacking, fraud, identity theft and the use of malicious software.
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