The U.S. explosion in card skimming will be the ultimate catalyst for change from mag stripe to chip and PIN technology. "I do believe that shift has begun," says SVB's Pradeep Moudgal. "Everyone wants to be in a much more secure environment."
Pradeep Moudgal of California-based SVB says the bank's decision in June to migrate commercial credit cards over to EMV was easy. "The biggest advantage of the chip card, at the end of the day, is to reduce fraud," he says.
"Matching an implementation to the cloud definition can assist in evaluating the security properties of the cloud," says computer scientist Peter Mell, author of The NIST Definition of Cloud Computing.
The total number of Americans affected by major health information breaches since the HIPAA breach notification rule took effect could grow by more than 50 percent once two major recent incidents are added to the official federal tally.
A new federal rule setting the final guidelines for Accountable Care Organizations under federal healthcare reform gives patients the opportunity to veto the sharing of their Medicare claims data with ACOs.
What fraud and security issues does Paul Smocer, the new president of BITS, see as being top concerns in the coming year? Mobile payments, social media, and a strong need for institutions and organizations to comply with existing guidance top the list.
Criminals manipulate an ATM so that the cash requested is blocked or trapped. Once the user gives up and leaves the ATM, the fraudsters come in and remove the cash. So, how can banks prevent this scam?
Facial recognition, arguably, is the technology that most threatens individual privacy online, and that's on the mind of Senate Commerce Committee Chairman Jay Rockefeller, who has asked the FTC to report on its growing use.