Various committees in both houses claim jurisdiction over different aspects of IT security, and intra-house squabbling can cause a bill to get lost on its way to becoming law, says Purdue University's Eugene Spafford, who closely follows the progress of cybersecurity legislation.
The PCI Security Standards Council's new guidance for tokenization offers clarification and recommendations for merchants struggling to determine which tokenization solution is best, especially where compliance with the Payment Card Industry Data Security Standard is concerned.
As of Aug. 22, 306 major health information breaches affecting a total of almost 11.7 million individuals were included in the official federal tally. Fourteen incidents affecting a total of about 270,000 were added since July 22.
Simply put, former FDIC Chair William Isaac says the "U.S. economy is really struggling," and could be on the verge of a double-dip recession, if global political leadership does not initiate some significant changes - and fast.
The team at the European Network and Information Security Agency identified 50 security threats that exist within the new web standards and sent recommendations for how they should be addressed to W3C.
"The more that you could focus in on computer science topics, to understand programming, network-based technology and mobile-based technology, the better off you're going to be," says Rob Lee of SANS Institute.
The National Credit Union Administration shares some thoughts about emerging online security threats - threats it expects credit unions to address as they work to comply with the updated online authentication guidance issued by Federal Financial Institutions Examination Council.
A new twist in the ongoing online security battle between banks and their commercial customers was reported this week after a corporate account in Omaha, Neb., was hit with thousands in fraudulent ACH transactions.
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.