You know the tune: Cyber thieves pirated the town's banking credentials, arranged some bogus "payroll transactions" with the town's bank and then next thing you know ... money mules are transferring funds to the Ukraine.
You don't need to agree with assailants' motivation, most of us don't. But you must understand what's behind their action to help defend against their intrusions.
It's not enough for banking institutions to conform to the FFIEC Authentication Guidance update. They also must ensure that their key vendors meet the same standards, says Philip Alexander of Wells Fargo Bank.
A new consumer survey suggests healthcare organizations still have a long way to go in educating patients about the benefits of electronic health records and easing their concerns about security issues.
A new concept called Privacy by Redesign, by Dr. Ann Cavoukian, Privacy Commissioner of Ontario, Canada, looks to bring privacy into systems that are already developed.
The U.S. government wants to move many services online, but the inability to authenticate customers and develop Trusted Identities has kept agencies from making the transition. This is a problem that could soon be resolved, says Mike Ozburn, principal of Booz Allen Hamilton.
"These are projects that were already...
Former banking regulator William Henley has simple advice for banking institutions wondering how to comply with the new FFIEC authentication guidance update: "Start immediately, develop a plan, and document your progress."
With such high demand for security professionals, employers must be wary of the prospects they consider. People are known to inflate their resumes and claim knowledge they don't have.
Beth Israel Deaconess Medical Center in Boston is notifying more than 2,000 of its patients about an unusual potential health information breach incident involving a computer virus that transmitted data to an unknown location.
In a second legal action in the wake of a breach incident involving health insurer WellPoint Inc., a California court has announced preliminary approval of a class action settlement.
You know your organization's social media policy is a good one when it starts sounding less like a checklist and more like common sense, says Sherrie Madia, social media expert and author.
Social media, mobility and cloud computing are new areas of risk for organizations, and risk managers need to go back to the fundamentals of understanding the information they are protecting, says Robert Stroud, ISACA's international vice president.
Village View Escrow's suit against its former institution, Professional Business Bank, raises questions about "good faith," reasonable security and FFIEC authentication guidance compliance.
A Georgia hospital has informed 7,500 patients that they may have been affected by a breach incident involving the theft of personal information that could have been used to commit federal income tax fraud.
"If not properly implemented, telework may introduce new information security vulnerabilities into agency systems and networks," Office and Management and Budget Director Jacob Lew warns in a White House memo.
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