The Obama Administration's cybersecurity proposal for breach notification will require collaboration among differing financial-services providers, within and across borders, says Leigh Williams of BITS.
In one of the largest health information breaches reported so far this year, Spartanburg Regional Healthcare System in South Carolina has notified 400,000 of an incident involving the theft of a desktop computer from an employee's car.
Now that the FFIEC's updated online authentication guidance is out, banking institutions need to move forward in preparation for 2012 compliance, says Julie McNelley, banking fraud analyst for Aite Group.
Many implantable medical devices have wireless connections that enable physicians to monitor patients. But with that wireless connectivity comes the risk of a hacker attack with potentially life-threatening results.
We all know the cost of regulatory compliance - how expensive it can be to meet the standards of HIPAA, HITECH and other industry guidelines. But two organizations this week learned hard lessons about the cost of non-compliance.
Multifactor authentication and layered security are steps financial institutions should take to protect their customers. But certain strategies are more problematic than successful when it comes to preventing fraud.
A Twitter posting by Pacific Northwest National Laboratory, which conducts IT security research and development, says: "A sophisticated cyberattack has shut down Internet and e-mail at PNNL. Full access will be restored once we can repel further attacks."
RSA customers who feel victimized by last March's breach of the security vendor's computers have viable options that include continued use of the SecurID authentication tokens, those offered by competitors, or something entirely different: biometrics.