A Minneapolis-based payroll processor informed 27,000 of its customers last week that their personal data may be at risk after a hacker attacked the company's payroll system last December.
A Texas man this week pled guilty to defrauding three Texas banks of more than one million dollars.
Jeff Woodard, 48, of Harlingen, Texas, pled guilty to one count of bank fraud, admitting he operated a check kiting scheme involving four bank accounts held in the names of several of his former businesses.
A former patient care assistant at a Houston hospital was sentenced to 60 months in prison on February 3 after pleading guilty to bank fraud and stealing the identities of patients.
Interview with James Van Dyke of Javelin Strategy & Research
Identity fraud crimes expanded at a 12% rate in 2009. What can we expect to see in 2010?
Javelin Strategy & Research is out with its latest Identity Fraud Study. For insight on the study results and what they mean to organizations across industry,...
Dena Haritos Tsamitis has an ambitious goal for the year: to improve cyber awareness among 10 million people globally.
The Director of Education, Training and Outreach at Carnegie Mellon University's CyLab, Dena discusses:
The cyber awareness challenge among people of all ages;
Effective techniques for...
What are the top fraud trends facing financial institutions in 2010?
Gartner's Avivah Litan shares her insights in an exclusive interview with Information Security Media Group's Linda McGlasson, discussing:
Increased number of attacks on strong authentication;
How to handle ACH fraud;
The biggest security...
I'm excited about today's launch of the 2010 Banking Information Security Today Survey, and you should be, too.
Think about it: Identity theft, fraud, regulatory compliance, vendor management, security awareness, risk management, privacy. These topics have no industry loyalty; they're common to all public and...
Passwords are the bane of my existence -- probably yours, too. In order to be a good, secure, computer and Internet user, ideally I should have a different password for every single application I use, website I register to, and place I visit on the Internet. I frequently have at least 10 to 15 different passwords and...
What's the cost of a data breach?
The Ponemon Institute is out with its 5th annual "Cost of a Data Breach" study, and in an exclusive interview Dr. Larry Ponemon discusses:
The current cost of a data breach - and how it's risen since 2009;
Data breach trends across industry;
What organizations should do to...
The U.S. Secret Service has broken up an alleged ring of ATM skimmers in Massachusetts, announcing the arrests of three suspects -- including one man who was in possession of nearly $100,000 when he was arrested.
Add four more states to the list of those whose banking customers are being struck by telephone-based phishing attacks.
Financial institutions in Michigan, Wisconsin, Minnesota and Mississippi report being hit by these "vishing" attacks in the past two weeks. Five different institutions -- three credit unions and...
The American Bankers Association is the latest group to be used by hackers to try and spread malware.
Other well-known names in the industry have been used as bait in phishing emails, including the FDIC, US Treasury, Internal Revenue Service and many financial institutions. The ABA issued an alert to its members.
A Texas bank is suing one of its commercial banking customers following an incident in which the customer lost $800,000 through fraudulent ACH transactions.
Blippy, a new social media data sharing site that is financial form of Twitter, has unleashed the unthinkable idea of publishing every single purchase for public consumption on the Internet.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.asia, you agree to our use of cookies.
