Milton Callan, a former VP at Lockheed Federal Credit Union, will never work at a federally-insured institution again after being convicted of embezzlement.
The Texas wildfires, which over the past seven days have consumed over 9,205 acres, are a wake-up call to financial institutions to review their business continuity and disaster recovery plans.
A new payment card breach, this time striking a company that supplies vending machines and games to entertainment venues, has reignited concerns about point-of-sale system security.
The inability of the Department of Homeland Security to implement appropriate IT and application controls has placed at risk the confidentiality, integrity and availability of DHS's financial and operational data, according to an audit conducted for the department's inspector general.
Payments are moving away from tangible currency to so-called new economies, where value relies more on reputation than currency. Venues such as Facebook facilitate e-commerce via new economies. But as with any change in the payments scheme, industry experts expect these new economies to be accompanied by new risks.
HHS Secretary Kathleen Sebelius has proposed new rules that would expand the rights of patients to access their health information through the use of health information technology.
Out with the old; in with the new. It's time for security-minded organizations to invest in the power and protection of the next generation firewall, says Matt Keil of Palo Alto Networks.
In an exclusive interview about the evolving firewall, Keil discusses:
Why current firewalls are failing us?
The key...
Nessa Feddis of the ABA says increased investments in technology at the bank and consumer levels have fueled confidence in online banking. "I think the reason you see an uptick in use here is because the channel is more secure."
Indiana University School of Medicine is reminding faculty, staff and residents about the importance of encryption and other information security steps after the theft of an unencrypted laptop.
The Reserve Bank of India's new information security guidelines are expansive, and as a result can actually help improve the overall maturity for Indian financial institutions, says Vishal Salvi of HDFC Bank.
File transfer protocol remains a practice within banking institutions of all sizes. But how can banking/security leaders ensure secure FTP that will protect and track critical data? These thought leaders offer strategies.
The nascent field of cyber intelligence addresses threats that originate anonymously within cyberspace with potentially enormous consequences: physical destruction and economic chaos.
The arrests of three Seattle-area men for their involvement in two separate ATM-skimming schemes highlight technological and social vulnerabilities that international fraudsters have learned to exploit with ease.
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