BankInfoSecurity.com Week In Review for Friday, Sept. 3, 2010

Week In Review: Church Latest Victim of ACH Fraud; Heartland, Discover Settle for $5 millionHere's what you'll find in our review of some of BankInfoSecurity.com's most compelling content of the past week:
  • The Catholic Diocese of Des Moines, Iowa, fell victim to a $600,000 ACH fraud theft and becomes another in the growing list of businesses and entities that have suffered huge losses as a result of these crimes;

  • This week saw the $5 million settlement between Heartland Payment Systems and Discover Financial Services for losses related to the payments processor's 2008 data breach hack, which led to the compromise of 130 million debit and credit cards; and

  • A Bank of America executive sits down with managing editor Tracy Kitten to share some insights about what the United States' mobile-banking pioneer is doing to enhance the user experience of the growing mobile-banking channel.

Please listen to this roundup, and check out all of the week's news and views on BankInfoSecurity.com.




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