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.
In Texas, banking leaders and law enforcement agencies have joined forces to attack ACH and wire fraud. Learn about the anti-fraud recommendations they've developed.
The tale of a close call with a phishing attack illustrates why educating consumers and businesses about online security risks plays a critical role in the fight against fraud.
How will Diane Ness and BITS help banks reduce fraud? As the new head of fraud-reduction programs for the technology division of the Financial Services Roundtable, Ness says education and communication about emerging threats will be a priority.
With many questions surrounding the Global Payments breach left unanswered, how should card issuers respond to customers' concerns? ID theft expert Neal O'Farrell offers communications tips.
According to our new survey, more than half of banking institutions expect an increase in fraud-fighting resources this year. But how are they investing those resources? The answers may surprise you.
Global Payments' public response to the data breach that exposed card data on 1.5 million debit and credit accounts has, frankly, raised more questions than offered answers.
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?
Technology is only part of the solution. To truly combat phishing, banking institutions need to address a trickier part of the equation. They need to change human behavior. Here are experts' tips.
Payments processing firm Global Payments Inc. has confirmed its role in a data breach that could prove to be the largest such incident since the Heartland Payment Systems breach.
Customer awareness is important, especially as a fraud detection/prevention tool. Read how one sharp-eyed UPS driver recently helped foil an ATM skimming scam at a bank in New York.
Detectives have arrested seven suspects and seek 13 more in an ATM skimming investigation involving hundreds of credit and debit cards compromised in parts of Canada, the U.S., Australia and Indonesia.
Data breaches tied to credit and debit cards accounted for more than 25% of all breaches in 2011. What must banking institutions and merchants do to help reverse this trend?
Data breaches are under-reported, and breached organizations aren't giving consumers the information they need about these compromises, says Karen Barney of the Identity Theft Resource Center.
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