The sad scenario plays out on the news on a regular basis these days. A homeowner facing foreclosure is barricaded inside their home as law enforcement comes to serve the papers. Shots ring out, and officers rush in to find the wounded homeowner.
What happened last Friday with Addie Polk of Akron, Ohio, a...
And so the hits just keep on coming.
Just when you think you've seen the biggest bank failure in modern times in IndyMac, WaMu comes along and tops them all.
Just when you think you've seen the blackest of Black Mondays in your lifetime, a darker day dawns, and the stock market reels from a record plunge of 777...
Maybe the Countrywide television ads that constantly run on cable news shows I watch on weekends will now tout, "Finance your mortgage with Countrywide, and have your identity stolen at the same time for mere pennies."
The recent arrest of a former Countrywide employee in the insider identity theft case, where an...
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...
My recent post on Business Continuity Planning and its role in supporting institutions affected by the recent Midwest flooding generated more than its fair share of dialogue with my peers.
So much of what's required by regulation often presents itself as a documentation exercise and rarely transcends the...
Financial institutions are increasingly better prepared for a pandemic disaster, but cyber security attacks are a growing concern.
This is the message from the current and past chairmen of the Financial Services Sector Coordinating Council for Critical Infrastructure Protection and Homeland Security (FSSCC).
George...
Mobile banking, Web 2.0, remote check capture - they're among the emerging technologies that appeal most to banking institutions. The key driver: the chance to offer more services to customers, and also cut costs through the further automation of banking transactions.
We recently spoke with leaders of the top...
When a Dallas, TX bank needed some help to stop unauthorized data, it pulled out the biggest guns it could locate to stop the data leaking out of its networks.
The choice was a natural progression of what the bank was already doing to stop data loss, according to Omni American Bank's Chief Information Officer Tony...
Credit and debit card fraud: It's the threat that keeps growing and evolving.
A year ago, many banks and credit unions were forced to cancel and reissue thousands of cards as a result of the TJX breach. More recently, banks located in Indiana saw accounts breached from ATM or debit card transactions. Indiana law...
The Federal Deposit Insurance Corporation (FDIC) has made progress with its internal security controls, but still needs to make significant improvements to its security management practices.
This is the key finding of a recent report issued by the Government Accountability Office (GAO) in an audit of the banking...
During March 2006, Mexican banking authorities established the use of a second factor authentication based on "dynamically generated information" -- in addition to username and password -- as a requirement for doing monetary operations through e-banking systems. This regulation allowed the use of one-time access code...
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...
Interview with Nalneesh Gaur, Chief Information Security Architect, Diamond Management & Technology Consultants
Mergers and acquisitions are a way of life for financial institutions, and so many pertinent business issues bubble up whenever an M&A is discussed.
But when does information security enter the...
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...
Archiving is the long-term storage of information in a repository, usually compressed to reduce storage space. Archiving information helps reduce data loss, as it ensures that everything will never get lost and can always be accessed. Top priorities all in this era of e-discovery and computer forensics.
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