Banking institutions are focusing on risk assessments. But what other steps are they taking to conform to the FFIEC Authentication Guidance? The ABA's Doug Johnson shares what he hears from banks.
How well do U.S. financial institutions conform to the FFIEC Authentication Guidance? One regulatory agency discusses the state of conformance and what its examiners have learned from institutions.
A Mississippi bank is taking legal action against a former commercial customer, claiming the customer is liable for losses and damages linked to a suit over ACH/wire fraud.
Don't be too quick to write off the PATCO court ruling as a victory for banking customers in the debate over ACH/wire fraud liability. The reversal could actually be a win for banks.
How are banks addressing mobile security risks? Bank of America's Keith Gordon says most are just beginning to forge ahead in the mobile space, and new security gaps are areas for which institutions have to prepare, proactively.
A U.S. appeals court reversed a lower court's ruling in the ACH/wire fraud dispute between PATCO Construction Inc. and the former Ocean Bank, now People's United. What is next in this high-profile case?
Banking institutions are making significant anti-fraud investments as they work toward conformance with the FFIEC's updated Authentication Guidance. But are they investing in the right solutions?
For United Bank & Trust, cost, efficiency and customer adoption were big considerations when it came to FFIEC conformance. How did this $1 billion institution determine the best authentication option?
Online banking attacks are up, but financial losses linked to account takeovers are down. What does this shift say about the future of fighting ACH/wire fraud? The FS-ISAC's Bill Nelson weighs in.
"This is about preparing the battlefield for another type of covert action," a former high-ranking U.S. intelligence official says. "Cyber collection against the Iranian program is way further down the road than this."
The out-of-court settlement reached in a dispute between Village View Escrow and Professional Business Bank shows it's getting more difficult for banks to avoid liability, experts say.
A lingering legal dispute over a corporate account takeover incident at escrow company Village View has finally come to a close. Find out more about the details of the case and the settlement.
A new survey from FS-ISAC and the ABA finds financial losses linked to ACH fraud are decreasing. What are banks doing differently, and what technology investments are reaping the most rewards?
LinkedIn contends it had on staff world-class security experts when nearly 6.5 million members' hashed passwords were pilfered, although the social media company has neither a chief information officer nor chief information security officer.
Brokers and insurers have upped their marketing efforts to get enterprises to purchase cyber insurance, even though policies could be risky for sellers and buyers. See 10 considerations you should mull before buying cyber insurance.
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