Eighty-five percent of data breaches go undetected, but organizations have a new type of cop on the beat to ferret out these illicit activities - the data scientist, says Phil Neray, head of security intelligence strategy and marketing for Q1 Labs, an IBM company.
How will Diane Ness and BITS help banks reduce fraud? As the new head of fraud-reduction programs for the technology division of the Financial Services Roundtable, Ness says education and communication about emerging threats will be a priority.
To expose security flaws in Iran's banking system, one hacker took an extreme step: He stole details on 3 million debit accounts. One fraud expert warns that similar hacktivist attacks are likely worldwide.
What's the best strategy for communications after a data breach, like the one suffered by Global Payments Inc.? Bob Carr, CEO of Heartland Payment Systems, discusses what to say in the weeks following a breach.