Cyber is part of our everyday lives. Still, in many cases, a natural - or perhaps an unnatural - divide exists between the virtual and physical worlds. This is especially true in the way we deal with crime.
The only way to put a dent in financial fraud and cybercrime is through aggressive prosecution and tough sentences for the guilty. That's why a sentencing last week in the RBS WorldPay case is disappointing.
Anti-money-laundering experts say Standard Chartered Bank's settlement with a regulator is a wake-up call for banks. Could more state regulators impose penalties for records tied to foreign transactions?
Heartland Payment Systems, which suffered a massive breach in 2009, is working to enhance POS security at the merchant level. What steps is this processor taking, and what role would it like to see card-issuing banks play?
Associated Bank, which has more than 250 locations in three states, is addressing BSA compliance and money-laundering detection at the enterprise level. How could that approach also help the bank improve fraud detection?