A Long Island, NY bank announced this week that more than 8,300 of its online banking customers had their log-in credentials stolen in a data breach that occurred last November.
Malware is increasingly sophisticated, and social media are the common new venues for attacks.
These are the headlines from the latest Cisco Annual Security Report. Patrick Peterson, Cisco senior fellow, offers highlights of the report, discussing:
Top trends and threats;
The risks to specific vertical...
All things considered, 2009 was a good year for banking institutions in the state of Nebraska. But looking ahead to 2010, Mike Jacobson, chair of the Nebraska Bankers Association, is concerned about the potential impact of federal regulatory reform.
In an exclusive interview on the state of banking in the New Year,...
Financial institutions in Georgia, Iowa and Indiana report being hit by the automated phone phishing attacks that have been striking institutions across the U.S. since early last fall.
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),...
What are the new year's top trends in banking, payments and security?
Javelin Strategy & Research has just released its Top 10 Trends report for 2010. James Van Dyke, president of Javelin, discusses:
Top headlines from the new report;
Biggest threats to banks, payments and security;
The "next big thing" in...
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...
Nearly one year after the announcement of the biggest known data breach ever reported, the international hacker behind the crime pled guilty and will be sentenced in March.
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.
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