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.
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.
Federal CIO Steve VanRoekel says the freeze extension would "reinforce the importance of curtailing the proliferation of standalone .gov sites and infrastructure. Should agencies need to establish new web content during this timeframe, they should leverage existing .gov sites."
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.
A federal proposal to require healthcare organizations to provide patients with access reports listing everyone who has electronically viewed their information is impractical, says Dan Rode of the American Health Information Management Association.
Debit fraud and skimming are growing problems, and they're why California-based Fremont Bank is switching from mag-stripe to chip-based debit cards, says Chris Olson, the bank's chief operating and enterprise risk officer.
A months-long investigation led Australian investigators to more than 50 stolen POS terminals, dozens of card skimmers and more than 18,000 blank and counterfeit cards. So far, 25 people have been arrested and charged for their parts in the alleged scheme.
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.