"Banks and businesses have to realize: It's not a matter of 'if' when it comes to these attacks," says Barry Rich, CFO of Tennessee's CapitalMark Bank & Trust. "it's just a matter of when."
ACH/Wire fraud was the big story in 2010 and helped influence the updated FFIEC Authentication Guidance. So, have incidents of corporate account takeover decreased in 2011, or are we just hearing less about them?
In their efforts to enforce security layers and multifactor authentication, are banks and credit unions still missing a core problem - the real vulnerabilities fraudsters are banking on?
When Liberty Bank began reviewing online risks to conform with the FFIEC Authentication Guidance, layered security came up as a weak spot. So how did this community institution address its risks?
How prepared are most U.S. banks and credit unions are the first wave of exams since issuance of the FFIEC Authentication Guidance? Insights from industry experts might surprise you.
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?
These new sites now make Information Security Media Group the largest global network of information security-focused media sites, reaching the most diverse audience of decision-makers in each of ISMG's key markets.
As 2012 nears and federal regulators prepare to examine financial institutions for conformance with the FFIEC Authentication Guidance, just how prepared are banks and credit unions? The answer may surprise you.
Fraud threats have changed little in the past decade. But their global scale has, and James Ratley, president of the ACFE, details how fraud examiners must change their approach to fighting these crimes in 2012.
Revised guidance from the National Institute of Standards and Technology, SP 800-63-1, could help organizations protect themselves from a growing threat to their information assets: the insider.
Donna Flynn says Liberty Bank discovered three key gaps when it tackled FFIEC authentication guidance compliance. Two were easy to fill. The third required an out-of-the-box solution.
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?
From social media to mobile banking, emerging technology areas continue to concern financial institutions. Which security initiatives will BITS help institutions to focus on in 2012?
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