The PATCO Construction Inc. case, recently reversed by a U.S. appeals court, is seen as a win for fraud victims. But what are the takeaways for banking institutions? Attorney Joe Burton offers insight.
The so-called High Roller cyberattack uses automation to drain high-value bank accounts. What can institutions do to protect customers? Chris Silveira of Guardian Analytics offers advice.
The recent settlement announced by Village View Escrow and Professional Business Bank offers key insights into how incidents of fraud resulting from account takeover might be handled in the future.
A Mississippi bank is taking legal action against a former commercial customer, claiming the customer is liable for losses and damages linked to a suit over ACH/wire fraud.
Don't be too quick to write off the PATCO court ruling as a victory for banking customers in the debate over ACH/wire fraud liability. The reversal could actually be a win for banks.
The First Circuit Court of Appeals ruling offers a fascinating look at exactly which security controls Ocean Bank, now People's United Bank, did - and did not - offer to customers such as PATCO.
A U.S. appeals court reversed a lower court's ruling in the ACH/wire fraud dispute between PATCO Construction Inc. and the former Ocean Bank, now People's United. What is next in this high-profile case?
For United Bank & Trust, cost, efficiency and customer adoption were big considerations when it came to FFIEC conformance. How did this $1 billion institution determine the best authentication option?
Marcus Ranum isn't shy about saying online authentication methods are outdated and insecure. Passwords will get breached, but organizations can do more to protect their users and online databases.
A lingering legal dispute over a corporate account takeover incident at escrow company Village View has finally come to a close. Find out more about the details of the case and the settlement.
A new survey from FS-ISAC and the ABA finds financial losses linked to ACH fraud are decreasing. What are banks doing differently, and what technology investments are reaping the most rewards?
Consumers want more control when it comes to ensuring security during mobile banking. But most financial institutions have been reluctant to give end-users too much control. Why? Javelin's Jim Van Dyke offers some answers.
Mobile security threats can be managed through testing and strategic risk-mitigation strategies, says Keith Gordon, who oversees authentication and security strategies for Bank of America's consumer online and mobile banking units.
What are the top four malware-related issues that all organizations should focus on this year? Andreas Baumhof of ThreatMetrix shares insights based on five years of malware analysis.
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