The Paul Allen card breach reiterates a concern financial fraud experts have been screaming about for years: Socially-engineered schemes that compromise employees. So, what can institutions do about them?
EMV is coming to the U.S., and card brands are now leading the charge. The sooner card issuers, acquirers and merchants initiate EMV migrations, the better, says Stephanie Ericksen of Visa.
ATM skimming is a growing global problem, despite steps taken in Europe and other markets to curb attacks on credit and debit cards. Why are we seeing increased fraud losses in these markets?
The U.S. Treasury has officially launched new sanctions against organized crime. What role do banks and credit unions have to play in this fight? Fraud experts at Ernst & Young offer insights.
Integrating fraud-detection and AML systems not only has helped First Hawaiian Bank track fraud patterns. It also has helped the institution comply with new regulatory requirements. Here's how.
Which top three security worries should security leaders at banks and credit unions focus on? Joe Rogalski of First Niagara Bank says some old and new fraud schemes top the list.
Customer awareness is important, especially as a fraud detection/prevention tool. Read how one sharp-eyed UPS driver recently helped foil an ATM skimming scam at a bank in New York.
Earlier this month, I had the chance to attend RSA Conference 2012, which always reminds me how fluid our industry is, and how important it is to stay educated and abreast of change.
NIST's latest guidance adds controls that reflect the rapidly changing computing environment, but the fundamentals of implementing controls haven't changed, Senior Fellow Ross says in a video interview.
Organizations are urged to adopt six principles to avoid the perils of transferring IT decision making away from technology specialists to business unit leaders.
Increased use of mobile devices and social networking sites is feeding ID theft and fraud. What is the risky behavior that is to blame for the rise in ID fraud? A new study sheds light.
What skills are needed to be an effective fraud examiner? My short answer is that, as with any discipline, there are certain skills and areas of knowledge one needs to learn to be successful.
In the PATCO Construction fraud case, attorney David Navetta says the court failed to address two key concerns: reasonable security and good faith. What's next in PATCO's ongoing legal battle?
FBI Director Robert Mueller says the bureau will apply the methods it uses to combat terrorism along with old-fashioned gumshoe practices such as infiltration of criminal networks to battle cybercriminals.
White House Cybersecurity Coordinator Howard Schmidt, in an exclusive interview, expresses optimism that Congress could enact significant cybersecurity legislation this year even if President Obama doesn't get all that he wants in an IT security bill.
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