Online and mobile banking are taking the world by storm - especially in the Asia-Pacific region. But many institutions are simply not prepared to manage security and privacy appropriately in these venues, says Gartner's Matthew Cheung.
Facebook's facial recognition feature clearly impacts the privacy profession and workplace by creating new challenges and raising significant concerns on the issue of trust.
Card-skimming trends continue to pose a threat to financial institutions and retail outlets, but there are steps organizations can take to fight back, says John Pearce, director of financial services for ADT Security Services.
Be vigilant about online security, DHS says, as part of its Stop, Think, Connect cybersecurity awareness campaign. Users' money and identity are at risk without proper safeguards.
Greg Rattray, VP of Security at BITS, says we can't necessarily stop the spread of dangerous malware like Zeus, but banking institutions can do a better job of mitigating the risk and damage that follow such an attack.
The California Supreme Court has ruled that a key provision of a tough state medical privacy law is not preempted by federal regulations. The evolving case, which eventually could wind up before the U.S. Supreme Court or grow into a class action case at the state level, is worth watching.
Not all shootings, fires and accidents are of equal import, regardless of the dramatic visuals they may produce. The same can be said about information security breaches.
"Simple passwords alone do not provide sufficient commercially reasonable security," says Jim Payne of fraud victim Choice Escrow. "Where is the principle of doing what is right and just?"
A plan to launch a national database of certain federal healthcare claims data has been revised and downsized to address some, but not all, of the concerns that privacy advocates voiced.
Starting July 1, the Department of Health and Human Services will use predictive modeling technology to help identify fraudulent Medicare claims before they're paid.
Six months after Michigan-based Experi-Metal Inc. sued Comerica Bank after a breach that resulted in $1.9 million in ACH and wire fraud, a U.S. District Court has favored the commercial customer.
A nurse who formerly worked at several Denver-area hospitals has been arrested on 90 felony charges of identity theft and theft of medical records, the Adams County District Attorney's office confirms.
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