The soon-to-be-launched HIPAA compliance audit program likely will initially offer comprehensive assessments of compliance with the HIPAA privacy and security rules, rather than focusing on specific narrower issues, says Susan McAndrew of the HHS Office for Civil Rights.
Steven VanRoekel joined the Obama administration in 2009 as the managing director of the Federal Communications Commission and worked in various managerial and staff positions at Microsoft for 15 years.
Fears that the global economy is nearing yet another recession have led to nosedives for U.S. and European stocks. The Dow Jones Industrial Average fell nearly 513 points - the worst plunge the Dow has seen since Sept. 29, 2008.
The cyber threat landscape is more widespread than ever before, and cybersecurity professionals are needed in all sectors, from government to private industry, says Dickie George of the National Security Agency.
United Nations Federal Credit Union says member satisfaction and acceptance of the chip card have been contagious, since the bank launched the chip option last summer. The chip-card portfolio has proven to be the credit union's most successful.
Debit fraud in the U.S. continues to grow as transaction volume increases. As international markets move away from mag-stripe and toward chip & PIN technology, fraud experts say U.S. card issuers can expect to see fraud continue to escalate.
The FFIEC Authentication Guidance update is out, and third-party service providers need to begin reviewing their internal systems and communicating with their financial institution customers, says Wells Fargo Bank's Phil Alexander.
Banking institutions have a lot to do in order to prepare for the Jan. 2012 deadline to conform with the new FFIEC authentication guidance, and former banking regulator William Henley has one, simple piece of advice: start now.
A California judge handed down a 12-year prison sentence to a phisher who stole financial details from more than 38,000 online accountholders. Observers say the sentence signals a changing attitude about the severity of cybercrimes.