Which Internet security threats pose the greatest risks to organizations in 2012 and beyond? Symantec has just released its Internet Security Threat Report, which reveals some surprising trends....
When it comes to curbing ACH fraud, banking regulators and law enforcement agencies have joined forces to keep institutions abreast of emerging best-practices. What are their top recommendations?
When Joseph Bognanno of Wolters Kluwer Financial Services examines 2012's financial fraud trends, all he sees is more - more of everything, from schemes to new guidance. How can banks stay ahead?
Few banking institutions see mobile as a means to address security and fraud-prevention. Javelin's Jim Van Dyke tells how institutions - and their customers - can enhance security via mobile.
Banking institutions expect significant increases in fraud-fighting resources in 2012. But in which solutions should they invest? Banking CTO Michael Wyffels has some prioritized suggestions.
When it comes to the FFIEC Authentication Guidance, Aite analyst Shirley Inscoe fears too many banking institutions are investing only in achieving compliance - not ongoing security.
When it comes to fighting financial fraud, Peter Tapling of Authentify says banking institutions are chronically underestimating and under-utilizing one key resource: Their own customers.
How well do banks conform to the FFIEC's updated Authentication Guidance? Gartner analyst Avivah Litan says most have made progress, but they still struggle with the details.
Banks and credit unions are making investments to prevent ACH/wire fraud. But are they investing in the right solutions? Attorney Joseph Burton says the focus must be on 'reasonable' security.
"Regulation drives spending," says George Tubin of GT Advisors. "You're in a situation where the regulators are telling you, 'You have to do something; you have to make improvements.' Therefore, the bank has to spend some money on technology."
Gartner Analyst Avivah Litan, one of the first fraud experts to report the Global Payments Inc. data breach, says the latest revelations raise more questions than answers about the incident's impact.
In the wake of the Global Payments Inc. card breach, ID theft expert Neal O'Farrell says banks and credit unions must be proactive with outreach to customers. What should institutions' messages include?...
As enterprises spend frugally on IT security, cybercriminals aren't, and that presents big problems for organizations working feverishly to secure their digital assets, says Steve Durbin, global vice president of the Information Security Forum.
"Many financial institutions have watched for years as cybercrime has escalated, and now we are shutting it down," says Greg Garcia, describing Operation B71 and how it's helping combat ACH/wire and other forms of fraud.
Verizon's 2012 Data Breach Investigations Report shows dramatic increases in attacks linked to hacktivist groups like Anonymous and LulzSec. How should organizations respond to this evolving threat?...
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