Preparing for an exam to assess FFIEC Authentication Guidance conformance can be daunting. But according to one bank's experience, it doesn't have to be. What words of advice does this institution share?
More malware attacks fueled by Citadel and Reveton are getting attention from federal authorities, which say banking institutions and consumers should be on high alert. What can institutions do to mitigate emerging malware risks?
The financial industry is pushing for .bank, one of many new top-level domains being pitched to ICANN. But how is this new domain-naming system expected to help banking institutions curb fraud?
Seven people have been accused by Michigan authorities of pulling off a unique account takeover scheme that targeted Bank of America and involved nearly $360,000 in fraudulent funds transfers.
Where are banks and credit unions making their biggest investments to fight fraud? See what banking executives and others have to say about emerging trends.
High Roller malware attacks are the latest potential threats that point toward the need for layered security controls. What advice do banking/security leaders offer for responding to these attacks?
Banking institutions are focusing on risk assessments. But what other steps are they taking to conform to the FFIEC Authentication Guidance? The ABA's Doug Johnson shares what he hears from banks.
A small point-of-sale attack in Kentucky points to a larger fraud trend impacting banks and customers. What are "micro attacks," and how can institutions help prevent and detect them?
Financial losses linked to ACH/wire fraud are down, but attacks are increasing. What contributes to that decline in losses, and where can banking institutions still improve their online fraud prevention?
The recent settlement announced by Village View Escrow and Professional Business Bank offers key insights into how incidents of fraud resulting from account takeover might be handled in the future.
The First Circuit Court of Appeals ruling offers a fascinating look at exactly which security controls Ocean Bank, now People's United Bank, did - and did not - offer to customers such as PATCO.
Organizations using semantics and big data tools are creating a new position called data scientist to help uncover fraud and identify undetected vulnerabilities. Here are profiles of three leaders who have embraced this role.
A U.S. appeals court reversed a lower court's ruling in the ACH/wire fraud dispute between PATCO Construction Inc. and the former Ocean Bank, now People's United. What is next in this high-profile case?
The FTC claims hackers targeted the Wyndham hotel chain's network and exported debit and credit data to a domain in Russia. What do the breaches mean for card issuers, and what action should they take?
Banks and credit unions are investing in enhanced fraud detection, but are they spending money on the right things? The new Faces of Fraud survey report shows too many are still confused by updated FFIEC demands.
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