Social networking isn't coming to banking; it's here. Your core processors have Facebook-ready applications to deploy, and you likely already are marketing your services via Twitter and LinkedIn, or will be soon. But take a step back: Are your employees adhering to your social networking policy? Do you even have a...
The Department of Justice and federal prosecutors on Monday indicted a Miami, FL man in connection with the biggest credit card data breach on record -- the theft of 130 million card numbers from Heartland Payment Systems, along with two other recent high-profile hacks, Hannaford Brothers and the 7-Eleven data...
Interview with Dr. David Dampier on Mississippi State's Unique Program
Mississippi State University's 'Wounded Warriors' program is all about providing digital forensics training for soldiers and sailors transitioning home from Iraq, Afghanistan and elsewhere in the world.
In an exclusive interview, Dr. David...
It is critical that organizations are proactive in their approach to mitigating insider threats.
Week-after-week there are disturbing, déjà vu-like stories of significant data breaches, arrests connected to insider attacks, or investigation reports emphasizing the necessity to control privileged accounts that...
What happens when a bank fails?
Here is an inside look at the Federal Deposit Insurance Corporation (FDIC) - the nation's largest bank regulatory agency - and how it mobilizes and takes action when a bank fails, such as Colonial Bank of Montgomery, Alabama, did this past weekend.
Already in 2009 we've seen more than double the number of bank and credit union failures than we saw in all of 2008. Where will it end? Which big institution is next to fail?
To gain insight on market trends, we interviewed Christine Barry of AITE Group LLC on:
Why Colonial Bank is likely to be the largest...
Opportunities - and Salaries - are up for the Right People with the Right Skills
The economy has been down, but job opportunities are up for information security professionals with the right skills.
This is the posture of David Foote, CEO and chief research officer of Foote Partners, an IT workforce research...
Colonial Bank, a $25 billion Alabama-based institution with nearly 350 branches in the south and west, was among five banks closed by regulators on Friday, Aug. 14. It also was the largest bank failure so far in 2009.
Also closed: Dwelling House Savings and Loan Association, Pittsburgh, Pennsylvania; Community Bank...
With the heightened focus on cybersecurity - and increased incidents of insider crimes - the digital forensics practice has also gained a higher profile in both the private and public sectors.
Keith Barger, a forensics veteran, currently serves as a director in KPMG's forensics practice in Houston, TX. In an...
ATM security keeps Terri Ipson up at night.
As the ATM protection "evangelist" at Diebold, the security solutions vendor, Ipson says she is constantly on the watch for the latest emerging threat that criminals are employing against ATMs globally.
Among the ways Diebold is looking to prevent criminals from...
A proposed cybersecurity mandate is being discussed by the senate that would affect thousands of information technology and security workers if implemented. The proposal basically requires that all government employees and contractors be certified and licensed if they provide cybersecurity services to an agency or for...
Colonial Bank, Montgomery, Alabama, was closed today by the Alabama State Banking Department, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Branch Banking and Trust (BB&T), Winston-Salem, North...
There are four "high risk" areas that aren't getting the attention they deserve as financial institutions work toward complying with the ID Theft Red Flags Rule, says a leading industry compliance expert.
The Heartland data breach and July's denial of service (DDoS) attacks against government agencies are among the biggest information security incidents of the year. And they've pushed incident response into the spotlight.
Peter Allor is on the Steering Committee of the Forum for Incident Response and Security Teams...
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