I was in shock, I could not believe such a headline made front page news on Digg.com. I didn't think anyone would believe me; I had to take a screenshot! OK, OK, I may be exaggerating a bit - however I can say that as much as I visit Digg.com, rarely do I see something that has implications to banking and...
Some U.S. senators don't just want to make the news, they want to be front and center in the headlines. Charles Schumer, U.S. Senator from New York, is the latest headline maker.
Chuck Schumer's letters in late June to banking agencies inquiring about the stability and strength of IndyMac bank -- prior to the...
By now we've all heard the buzz term "Web 2.0" - but how many of you truly grasp what it means?
For some time, even those entrenched in Internet marketing and technologies struggled to define the term (brings to mind "GRC"), and nowadays it seems more appropriate to describe web 2.0 by giving examples of specific...
With all due respect to the pugilist fan base still out there, the FDIC used a classic left-right combo this past week aimed squarely at the jaw of the third-party service provider community.
First Sheila C. Bair, the Chairman of the FDIC, touched on emerging guidance regarding third-party service providers in
Information Security Media Group recently attended the Gartner IT Security Summit 2008 in Washington, D.C. where the theme of the conference was information security 5-10 years from now. We interviewed vendors on the floor of the expo hall and heard about solutions focusing on topics ranging from application security...
Interviews Shed Light on Topics of Unique Interest to Banking/Security Executives
The annual RSA Conference is a showplace for the who's who of security solutions vendors. The event showroom is lined with scores of the industry's leading vendors - no one individual could hope to see them all.
So, the Information...
Featuring Elan Winkler, Director of Messaging Product Marketing, Secure Computing
Listen to this interview for insights on how to create a "culture of compliance", building the right systems, processes and skills to solidify your regulatory compliance program today - and for the future.
Among the topics...
But More Work Necessary to Secure Customer Data, Confidence If the TJX data breach had not occurred, the increased push by retailers to comply with Payment Card Industry Data Security Standard (PCI-DSS) also may not have happened. This much-publicized incident seems to be the one that has most spurred merchants and...
Two members of the PCI Standards Council who are database security experts say the way to prevent a TJX-type breach from happening at your institution is simple -- be compliant with the Payment Card Industry Data Security Standard.
FinCEN and OCC Assess Civil Penalties Against Union Bank in Deferred Prosecution Agreement Union Bank of California, N.A., a wholly-owned subsidiary of UnionBanCal Corporation, based in San Francisco, earlier this month entered into a deferred prosecution agreement regarding charges of failing to maintain an effective...
CA Bill Would Make Bad Security Costly To Retailers Move over data breach notification laws: There’s a tough new bill in town, under which banks and credit unions could get money back from breached retailers that didn’t do right in protecting credit or debit card information. This new data breach...
Analysts at Gartner and IDC identify “super user†access as the root of three of the top eight common sources of compliance risks. But what can you do about it? Listen to this podcast addressing the following questions:What is the super user?What security risks do super user accounts create?What steps can...
Analysts at Gartner and IDC identify “super user†access as the root of three of the top eight common sources of compliance risks. But what can you do about it?
Listen to this podcast addressing the following questions:
What is the super user?
What security risks do super user accounts create?...
The recent revisions to the Bank Secrecy/Anti-Money Laundering Exam Manual are being seen as a move in the right direction by those close to the subject. According to Sepideh Behram, Senior Compliance Counsel at the American Bankers Association, the revisions made to the 2007 version reflect “certain points of...
The management of electronic data used to be a “nice thing to do.†Nowadays, the proper archiving, retention and monitoring, filtering and encryption of electronic data isn’t an option but imperative for financial institutions in order to meet compliance with regulations and federal law, including...
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