Consumer behavior is the biggest concern when it comes to online risks posed by social media. But Bill Wansley of Booz Allen Hamilton says financial institutions can manage those risks. What steps does he recommend?
Rep. Dan Lungren, the bill's chief sponsor, contends the regulatory approach taken by his bill would be less intrusive on the private sector than proposed Senate legislation and a plan by President Obama.
Organizations that have experienced a breach report that three lessons they learned were to limit the amount of personal information collected, limit sharing data with third parties and limit the amount of data stored, a new survey shows.
Regulators have hinted at it, and industry experts say it's coming. U.S. banking institutions can expect to see new guidance for mobile banking. The open questions are: When, and in what form?
Risk assessments are over. Now it's time for institutions to prove they conform to the FFIEC's Authentication Guidance. Fraud expert George Tubin offers tips to prepare for the first regulatory exam.
How can companies and IT security leaders keep a security breach from becoming a long-term problem and stop it from negatively affecting their customer base?
Spear phishing, or targeted phishing, schemes are the industry's most concerning trend, according to a new report from the APWG. So, what can we do to curb phishing attacks? Executives at BITS and FS-ISAC have a new idea.
People, as much as anything else, are a critical aspect of information risk management, and businesses and government agencies must monitor employees - and educate them, as well - to thwart a potential threat from within.
What steps can smaller organizations and their vendors take to ensure security and regulatory compliance? They must transcend what researcher Wendy Nather calls the 'Security Poverty Line.' See how.
"It's a crime like no other crime," says James Ratley, president of the ACFE, describing fraud. "There was not a gun involved, there was not a knife; there was in many cases a ballpoint pen or a computer."
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?
Recently discovered viruses, consisting of Trojans and other malware, at City College of San Francisco have stolen personal banking information and other data from perhaps tens of thousands of students, faculty and administrators, says John Rizzo, president of the board of trustees.
Zappos.com and its parent company Amazon.com face a class action lawsuit stemming from a recent data breach that affected more than 24 million customers.
Improved collaboration and communication between small businesses and financial institutions is the first step toward improving online security, says Mark Patterson, an ACH fraud victim. What else would help?
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