Losses linked to debit fraud now exceed losses connected to check fraud, according to a new survey by the American Bankers Association. How are banks responding to the threat?
When it comes to employee-owned mobile devices, many organizations want to run away from the security risks of the bring-your-own-device-to-work trend. Intel chose to run toward them.
In an exclusive case study, Intel CISO Malcolm Harkins details the security challenges and business opportunities of BYOD. And he...
U.S. and European institutions can learn from DBS Bank's example. In response to a rash of fraudulent withdrawals that cost accountholders $1 million, the bank is launching a new SMS/text alert service for ATM transactions.
As bank examiners begin applying the updated FFIEC Authentication Guidance, many financial institutions will find that their current security practices do not stand up against the strengthened requirements. Arm yourself with the knowledge you need to begin shoring up your authentication controls before your next bank...
It's no longer just about mobile banking. Mobile technology today is deployed by leading-edge institutions for out-of-band user authentication, transaction verification and to help prevent fraud via real-time security alerts.
How can your institution crack down on fraud and maximize its mobile investment?
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As part of the updated FFIEC Authentication Guidance, U.S. banking regulators mandate that financial institutions conduct periodic risk assessments of their electronic banking services.
But in the face of evolving threats, a growing online customer base and emerging mobile technology, what is the most effective...
John Carlson sees the evolution of technology introducing new threats to financial institutions. So, how will BITS' new VP of cybersecurity and fraud prevention help banks mitigate those risks?
Financial institutions still have a long way to go to fight fraud and mitigate online banking vulnerabilities. But what exactly are the top vulnerabilities, and what can institutions do about them?
A new survey identifies the Top 10 Cybersecurity Trends for financial service organizations. Malware and mobility head the list of risks to watch. What are the other key concerns?
BITS, the technology policy division of The Financial Services Roundtable, has just named a new VP of cybersecurity and fraud prevention. What's John Carlson's mission, and what's it mean to banks?
Despite the FFIEC authentication guidance and the growth of online fraud, financial institutions still rely on outdated practices that expose customers to risk. How can institutions update their security measures?
Customers want to be involved with their banking security, but few institutions allow them to play active roles in fraud prevention. What has to change?
Bank of America, a pioneer in mobile banking, says mobile is hot, but it also opens financial institutions to unknown risks. What proactive steps should banks and credit unions take to ensure they're ready?
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