Servers at Virginia Commonwealth University were recently hacked, potentially exposing Social Security numbers for more than 176,000 faculty, staff, students and affiliates at the university and the VCU Health System.
A lack of ongoing HIPAA compliance training increases the risk of internal breaches, says Terrell Herzig, information security officer at UAB Medicine.
The arrest of six international suspects is being touted as one of the biggest Internet crime takedowns in history. But how much of a deterrent will Operation Ghost Click be for other cybercriminals?
The bust of six Estonians for one of the biggest online frauds ever is reminiscent of another type of organized crime: drugs. Despite the similarities, there's one big difference between drugs and online crimes.
ATM skimming is a huge fraud concern for banks and credit unions. But M&T Bank says it has developed an effective anti-skimming solution - and it wants to share this product with other institutions.
One reason why so many healthcare organizations are not well-prepared to counter security threats is that "key leadership has not bought into the whole process," says Bob Krenek of Experian® Data Breach Resolution.
Penetration tests that demonstrate how an unauthorized user could gain access to patient information can be effective in winning support for a bigger information security budget, says David Kennedy of Diebold, Incorporated.
When it comes to responding to today's high-profile information security incidents, technical abilities simply aren't enough, says Gavin Reid of Cisco's Computer Security Incident Response Team. Here are the five must-have skills for today's incident response professionals.
Police say financial specialist Librado Wright spent months siphoning more than $500,000 from Wachovia Bank's customer accounts. But when he attempted to withdraw the funds, the bank had a surprise for him.
Researchers at security vendor Symantec say they've been in contact with a 20-something Chinese man who may be behind a series of attacks against U.S. businesses with the aim to steal intellectual property.
ID theft expert Joanna Crane wonders whether banks, government agencies and healthcare providers do enough to assist consumers with ID theft recovery, saying consumer expectations are often loftier than what's being done to meet the demand.
Switzerland-based UBS says an internal assessment has identified two financial controls that were not effective and ultimately resulted in losses totaling $2 billion in unauthorized trades.
The only way to improve card security is for banks and merchants to align their strategies, says Gray Taylor of NACS. "This is something that hurts both of our industries. Fraud hurts us all."
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