Police and the U.S. Secret Service are now investigating a series of fraud incidents involving Chicago-area customers of the Michaels craft store chain, which appears to be another victim of POS device tampering.
Domain name systems are among the least known - but most important - security vulnerabilities for organizations in all sectors. But government agencies in particular need to be concerned about DNS security to protect their e-government initiatives.
A silver lining is emerging behind the rash of breaches that occur all too regularly. The fact that these breaches make the public more aware of the vulnerabilities is encouraging in efforts to make the Internet safer for all.
Personalized medicine research, which relies on genetic information paired with electronic health records, could pave the way for many treatment breakthroughs. But because of the sensitive nature of the information involved, pioneers in this field must take extra privacy and security precautions.
Bankers aren't waiting for the FFIEC to act on the release of its updated online authentication. Instead, they've already begun to comply with the major points recommended in the draft. And the death of Osama bin Laden has heightened concerns terrorists' efforts to launder money through legitimate banking channels.
An incident recently added to the official federal list of major health information breaches offers a reminder that dental practices, as well as medical practices, must adequately protect patient records.
Wire fraud incidents from China prove current security measures, including multifactor authentication, are too easy to bypass. And security pundits say it all points back to why the financial industry needs more guidance about adequate online security.
ID fraud prevention requires partnership, and according to Javelin, the future of fraud-detection should be built around integrating a bank's back-end solutions with the fraud-prevention and detection solutions in which consumers are already investing.
Big brother isn't the relation the government sees itself portraying in developing the National Strategy for Trusted Identities in Cyberspace. Uncle Sam has a more avuncular role in mind, giving advice and serving as a role model.
Kevin Sullivan spent months at Ground Zero after the 9/11 attacks on the World Trade Center. Now, post-Bin Laden, Sullivan says the 9/11 experience changed him both personally and professionally, and impacted how banking institutions view money laundering and BSA violations.