The UK has announced the first fine against a National Health Service unit for a breach in violation of the Data Protection Act. The Aneurin Bevan Health Board in Wales was fined Â£70,000 by the Information Commissioner's Office for sending sensitive patient information to the wrong person.
How will Diane Ness and BITS help banks reduce fraud? As the new head of fraud-reduction programs for the technology division of the Financial Services Roundtable, Ness says education and communication about emerging threats will be a priority.
To expose security flaws in Iran's banking system, one hacker took an extreme step: He stole details on 3 million debit accounts. One fraud expert warns that similar hacktivist attacks are likely worldwide.