Texas attorney Richard Coffman was the first to file a class action suit against Heartland Payment Systems (HPY) after its data breach was announced publicly this past January.
In an exclusive interview, Coffman discusses:
The status of legal actions against Heartland;
What's unique about the Heartland case;...
On Thursday, the World Health Organization declared the H1N1 virus to be the first global pandemic in over 40 years.
In an exclusive interview, pandemic expert Regina Phelps explains exactly what this means, discussing:
How organizations should respond to this announcement;
Lessons learned so far from the H1N1...
According to the 2009 Banking Information Security Today survey, banking institutions - despite the economy - are investing in new banking services, i.e. mobile banking and remote capture.
To gain further insight into spending trends, we spoke with Christine Barry, research director with Aite Group, on:
In the face of fraud, enterprise authentication is the key to helping to prevent information security breaches. But how do you deploy solutions that are at once versatile, compliant and cost-effective?
Steve Neville, Director of Identity Products and Solutions at Entrust, discusses:
The top enterprise...
Data and privacy protection - there's much that government, industry and consumers alike can do to improve information security. And the Federal Trade Commission (FTC) is at the heart of education and enforcement efforts.
In an exclusive interview, the FTC's Joel Winston discusses:
Top privacy risks facing...
So, did anyone read about the President's Cybersecurity Action Plan? I'm assuming you've read through all 10 points. You didn't stop to ponder after the first few did you? I mean, you didn't happen to stop after number 8? The one about the incident response plan?
The Comptroller of the Currency says that reverse mortgages pose significant compliance risks, and regulators should get proactive on this issue before real problems develop.
John Dugan warned bankers that reverse mortgages pose significant compliance risks and said regulators should get out in front of this issue...
A Congressional panel appointed to oversee the US bailout warns bank stress tests are not enough. The federal regulators' tests of 19 major banks to see if they could survive a further downturn in the economy may be too lenient and should be repeated, says the Congressional Oversight Panel for the government's $700...
A former bank teller in Massachusetts has been charged with fraud and aggravated identity theft in a $270,000 fraud scheme. The FBI investigation led to a 25-year-old who worked as a bank teller at a Bank of America branch in Peabody, MA.
The Heartland Payment Systems (HPY) data breach may be the fraud story of year (so far), but ATM and debit card thefts are growing steadily and frighteningly at financial institutions.
Here are the top ATM/debit card fraud trends
An Illinois bank, Bank of Lincolnwood, was the 37th bank to fail thus far in 2009 when it was closed last Friday by the Illinois Department of Financial and Professional Regulation, Division of Banking.
Steve Katz was the world's first CISO, and he has unique insight on the information security profession - how it's developed and where it's headed.
In an exclusive interview, Katz discusses:
How the information security role has evolved;
Which trends are changing the role;
The skillsets necessary for today's...
Hard times have taken a toll everywhere - even when it comes to internal audit practices at financial institutions.
Yet, in the wake of security breaches and questionable business practices at some financial institutions, federal regulators are cracking down on auditors. In an exclusive interview, Holly Kidder, a...
Doug Brown Discusses Mobile Strategy, New Products, Biometric Security
Bank of America was one of the first institutions to move toward mobile banking in a big way. Two years into the initiative, Doug Brown, SVPO of Mobile Product Development, discusses:
Mobile trends at BoA;
Security hurdles the institution...