"We face a broad threat ... and each consumer has to understand that their part in protecting both their own finances and the financial infrastructure, together, is a very large part," says Ian Harper, Pentagon Federal Credit Union.
Small businesses have room to improve when it comes to fraud prevention. And according to a recent study commissioned by TD Bank, a lack of understanding and apathy are challenges that need to be overcome.
We're pleased that two members of Congress have asked the Government Accountability Office to study whether federal regulators are adequately addressing the security risks involved in using wireless medical devices.
Experts advise healthcare organizations that are considering using cloud computing to ask vendors tough questions about privacy and security and carefully consider whether they need additional liability insurance coverage to address the risks involved.
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.