So, how many banking institutions have failed in 2009?
If you pay attention to the popular news media, then your answer is 106. And you'd be partially right. That is the number of FDIC-insured banks to have failed this year - the most in any year since about two President Bushes ago.
Malware, Consumer Technology, Social Networks Head the List of Vulnerabilities
Know what scares security expert John Pescatore the most? The image of a remote employee sitting at a home office or public setting, plugging into an unsecured network, accessing critical business data via a personal laptop or...
Increased demand during a severe pandemic could exceed the capacities of Internet providers' access networks for residential users and interfere with teleworkers in the securities market and other sectors, the Government Accountability Office says.
Interview with Pete Fahrenthold of Continental Airlines, RIMS
Enterprise Risk Management (ERM) is a topic of interest throughout an organization - and increasingly at the board of director level.
But how does a security leader engage the board on ERM - and keep it engaged?
Pete Fahrenthold of Continental...
Seven banks and one credit union failed on Friday, Oct. 23, raising to 124 the number of 2009's failed institutions.
So far this year, 106 banks and 18 credit unions have been closed, acquired or placed into conservatorship.
Here is a rundown of the latest failures:
The House Financial Services Committee voted on Thursday to back the creation of the Consumer Financial Protection Agency (CFPA). The vote was 39 to 20 in support of the proposed agency, which would be able to wield new rules on many financial products including subprime mortgages and payday loans.
We all can see the technological and market forces converging to necessitate and enable electronic healthcare records.
But how does this transition impact privacy and compliance within an organization? What are the ramifications for IT and security departments?
Kim Singletary, Solutions Marketing for McAfee,...
The fall flu season has begun in the U.S., and the news each day is filled with stories about H1N1 (swine flu) outbreaks at schools and businesses. But how bad is the outbreak? Is it on a par with a typical flu season? Far better or far worse?
To help separate fact from fiction, noted pandemic expert Regina Phelps...
In August, Deborah Matz succeeded Michael Fryzel as chair of the board of the National Credit Union Administration (NCUA), the independent federal agency that charters and supervises federal credit unions.
Now, in an exclusive interview with Information Security Media Group, Matz says candidly:
Think of how the banking landscape has changed over the past year. Starting in Sept. 2008, Lehman Brothers filed for bankruptcy, Washington Mutual failed, Merrill Lynch was acquired by Bank of America - seismic moves that signaled unprecedented change in the industry.
Just as the banking industry has changed, so...
Information assurance is a topic atop many agendas these days, starting with the president's own cybersecurity initiative. But what is the state of information assurance education?
Dr. Eugene Spafford of Purdue University is one of the icons of security education, and in this exclusive interview he...
Interview with Rep. Yvette Clarke, Chair, House Subcommittee on Emerging Threats, Cybersecurity and Science and Technology
To quell the rising tide of information breaches and to protect government and key civilian IT systems, the idea of regulating IT and data is gaining ground among those who shape federal law...
San Joaquin Bank of Bakersfield, California, was closed on Friday, Oct. 16, by the California Department of Financial Institutions.
This was the only bank failure of the week, and the 113th failed institution of 2009.