Bank of America, a pioneer in mobile banking, says mobile is hot, but it also opens financial institutions to unknown risks. What proactive steps should banks and credit unions take to ensure they're ready?
In addition to the negative publicity associated with being included on the federal tally of major health information breaches, some organizations are experiencing yet another impact of breaches: class action lawsuits.
Phishing schemes, like the one claiming to be from the Better Business Bureau, target consumers who have concerns about troubled accounts or account breaches. And social engineering is used more often to acquire financial and personal information.
Authorities in New York have indicted 28 suspects for their alleged connection to a skimming scheme that targeted AmEx cardholders. What did the take-down expose about growing innovations in insider fraud?
Ongoing HIPAA compliance training is key to breach prevention, says Terrell Herzig of UAB Medicine. Yet many healthcare organizations are lacking in their efforts, according to results from the Healthcare Information Security Today survey.
To win support for information security spending, IT security professionals need to refine how they make their case to senior executives, says Christopher Paidhrin, security compliance officer at PeaceHealth Southwest Medical Center. Here's how.
Most organizations remain uncomfortable in letting their employees use their own mobile devices to access their IT systems. Yet, in many instances, those charged with securing their enterprises' IT understand that it's just a matter of time before they must grant workers permission to employ those devices.
Two years after his business was a victim of ACH fraud, PATCO's Mark Patterson doubts whether most small business owners are yet aware of the risks they face. And he doesn't think the FFIEC guidance will help.
Too many of today's firewalls are out of date and opening organizations to unacceptable business risks, says Chris King of Palo Alto Networks.
So, how do we quickly get to the next-generation firewall - and what are the key qualities it will need to embrace?
In an interview about the future of firewalls, King...
Banks and credit unions are feverishly working to meet the FFIEC's authentication compliance deadline next year. But experts say institutions should be looking beyond the guidance, by making investments in cross-channel fraud detection.