This $38 billion bank has invested a great deal of time and effort into its online security program, continuously conducting risk assessments and making strides to ensure commercial customers stay informed about evolving online-banking risks.
Australian authorities this week said two more arrests have been in connection with an international POS skimming scheme that targeted merchants in the United Kingdom, mainland Europe and North America. So far, 27 people have been charged.
The Department of Veterans Affairs is seeking advice from cloud computing vendors on the feasibility of using commercial software-as-a-service collaborative tools that eventually could meet the needs of all of its 134,000 medical personnel.
In the age of high-profile attacks, such as a distributed denial-of-service attack against South Korean websites, organizations are shifting their focus in terms of cybersecurity, McAfee CTO/Public Sector Phyllis Schneck says.
Because social media pose significant risks to patient privacy, healthcare organizations need to develop detailed social media policies. But unfortunately, many organizations have yet to take that action.
"Organized crime sees that this is a good business to come in, exploit and take advantage of the loopholes," says L.T. Lafferty, criminal defense attorney and mortgage fraud expert, on the schemes that cost banks billions each year.
"Veterans should have consistent and convenient access to reliable VA information real time using social media, whether on a smartphone or a computer," Secretary of Veterans Affairs Eric Shinseki says.
Federal CIO Steve VanRoekel says the freeze extension would "reinforce the importance of curtailing the proliferation of standalone .gov sites and infrastructure. Should agencies need to establish new web content during this timeframe, they should leverage existing .gov sites."
Healthcare organizations entering cloud computing contracts should carefully consider whether they need additional liability insurance coverage to address the risks involved, says IT consultant Gerard Nussbaum.