Payments processing firm Global Payments Inc. has confirmed its role in a data breach that could prove to be the largest such incident since the Heartland Payment Systems breach.
The Paul Allen card breach reiterates a concern financial fraud experts have been screaming about for years: Socially-engineered schemes that compromise employees. So, what can institutions do about them?
Cloud computing continues to be a hot topic for organizations, says Entrust's David Rockvam. What issues should be top-of-mind when using the cloud, and how can organizations ensure security?
"Many financial institutions have watched for years as cybercrime has escalated, and now we are shutting it down," says Greg Garcia, describing Operation B71 and how it's helping combat ACH/wire and other forms of fraud.
Payment card fraud remains a top concern for banks and credit unions. And Randy Vanderhoof, executive director of the Smart Card Alliance, says mobility can help address fraud incidents and losses.
Microsoft Corp. says it led a team that has successfully disrupted command and control servers used to run some of the world's most damaging variations of botnets proliferating the Zeus malware.
The average per capita cost of a data breach has declined from $214 to $194, according to the new Cost of a Data Breach study. But there are still plenty of causes for concern, says Dr. Larry Ponemon.
As the use of mobile devices explodes and health information exchanges gear up, it's time to consider whether adequate privacy and security measures are in place.
A recent research paper that raised questions about the efficacy of RSA public-private key cryptography shouldn't alarm IT security practitioners, says Eugene Spafford of Purdue University. Here's why.
Jason Clark, CSO of Websense, has spent a significant amount of time meeting with over 400 CSOs. From his interactions, Clark offers his advice on how chief information security officers can be more effective.
Banking institutions have fought phishing and ACH fraud, but increasingly fraudsters are exploiting call centers. Where are the vulnerabilities and how can institutions fight back?
Cloud-computing service provider contracts, for most businesses and government customers, are take-it-or-leave it propositions, so organizations must approach a services agreement cautiously, IT security lawyer Françoise Gilbert says.
One important reason why encryption is not more broadly used in healthcare is that many organizations lack an updated risk assessment, says attorney Amy Leopard.
Customer awareness is important, especially as a fraud detection/prevention tool. Read how one sharp-eyed UPS driver recently helped foil an ATM skimming scam at a bank in New York.
Earlier this month, I had the chance to attend RSA Conference 2012, which always reminds me how fluid our industry is, and how important it is to stay educated and abreast of change.
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