CUInfoSecurity.com Week in Review: Aug. 27, 2010

A review of this with week's top stories by managing editor Tracy Kitten: California Eyes Stronger Privacy Law; Mobile Banking: It's Not About ROI.California Eyes Stronger Privacy Law -- California residents could soon have increased consumer privacy protections, if Gov. Schwarzenegger signs Senate Bill 1166. The California legislature last week voted to pass the stronger data breach notification bill, which puts more muscle behind existing state privacy rules.

Mobile Banking: It's Not About ROI -- Mobile banking is gaining some traction, but still has a long way to go as far as mass adoption is concerned. For one Mississippi-based bank, the move to mobile was a well-planned, strategic decision -- one that the $4.6 billion dollar institution did not take lightly.

ACH Fraud: Action Plan in Oct. -- The Financial Services Information Sharing and Analysis Center has spearheaded an effort to develop a list of best practices for institutions that are faced with corporate account take-over incidents, which result from ACH and wire fraud against business accounts.

After listening to this overview, be sure to check out all of the week's news and views at CUInfoSecurity.com




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