DBS Bank is launching a new SMS/text alert service for ATM transactions, following a rash of fraudulent withdrawals that cost accountholders $1 million.
U.S. and European institutions can learn from DBS Bank's example. In response to a rash of fraudulent withdrawals that cost accountholders $1 million, the bank is launching a new SMS/text alert service for ATM transactions.
A group of Saudi Arabian hackers, identified as "Nightmare," conducted distributed denial-of-service attacks Jan. 16 against the Tel Aviv Stock Exchange and El Al, Israel's national carrier.
Symantec reportedly said a 2006 breach led to the theft of the source code to its flagship Norton security software, reversing its previous position that it had not been hacked.
Online shoe and clothing retailer Zappos.com has issued an e-mail alert to more than 24 million customers regarding a newly-discovered data breach of an internal network.
Wikipedia.org founder Jimmy Wales pledges to shutter the online encyclopedia from midnight Tuesday to midnight Wednesday to protest anti-piracy legislation before Congress that he contends would threaten Internet freedom if enacted.
People with good analytical backgrounds that understand regulatory compliance are in demand. Their counterparts - defenders of IT systems - will always be in demand.
"We need the tens of thousands that can manage those defenders and then we need 100,000 that are out there learning the trade, that are passionate...
Cyberhackers are increasing their efforts to target online credentials. And phishing attacks waged against accountholders at Chase in the U.S. and Barclays in the U.K. have made it clear that banking accounts are the target.
Researchers say the Ramnit worm, which has defeated two-factor authentication measures used to protect bank online accounts, is now targeting the popular social media site Facebook.
Intel CISO Malcolm Harkins explains why Intel embraced the bring-your-own-device trend and made it part of a strong mobile technology policy that revolves around employee accountability.
A 17-year-old was slapped with a 60-day jail sentence after he was busted for skimming credit and debit details while working the drive-thru window at a McDonald's restaurant in Olympia, Wash.
What are consumers looking for when it comes to mobile banking and payments? Javelin's Mary Monahan says security and functionality rank high on the list of mobile demands.
Filling information security roles is one challenge. Growing them is quite another. So, how do today's global leaders help their staff evolve and acquire the skill sets most in-demand?
John Carlson sees the evolution of technology introducing new threats to financial institutions. So, how will BITS' new VP of cybersecurity and fraud prevention help banks mitigate those risks?
What can information security leaders do to minimize the risks involved in enabling staff members to use personally-owned tablets, smart phones and other mobile devices for business purposes?
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