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.
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.
Has our financial system's attention focused so much on cyberthreats that it's forgotten to lock down controls to prevent low-tech schemes? In a nutshell, yes.
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.
The Department of Veterans Affairs is seeking advice from cloud computing vendors on the feasibility of using commercial software-as-a-service collaborative tools that eventually could meet the needs of all of its 134,000 medical personnel.
Regulation and legislation are working in banking institutions' favor, helping them enhance fraud prevention and detection investments for debit and online banking.
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.
"Veterans should have consistent and convenient access to reliable VA information real time using social media, whether on a smartphone or a computer," Secretary of Veterans Affairs Eric Shinseki says.
Healthcare organizations entering cloud computing contracts should carefully consider whether they need additional liability insurance coverage to address the risks involved, says IT consultant Gerard Nussbaum.
Eduardo Perez says, simply, the "time was right" for Visa's introduction of chip-based payments incentives for U.S. merchants. Visa's new mobile-to-EMV program offers PCI-audit-compliance waivers to qualified merchants who implement dual-interface contact and contactless acceptance.
A hospital CIO calls for studies of how best to match patients to their records, citing the issue as critical to the success of health information exchanges.
Oregon state agencies are coming together to develop a centralized plan, ending a previously siloed approach, to simplify compliance with Internal Revenue Service rules to safeguard taxpayer data, says state CISO Theresa Masse.
With the extension of ENISA's mandate into 2013 by the European Parliament & Council, the agency can continue to educate and collaborate with other nations on cybersecurity issues, an area of constant importance.
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