It was the scandal that rocked the banking world. French Bank Societe Generale recently revealed details of a disaster created by a rogue insider who cost the institution $7.2 billion in fraudulent trades. It was the biggest such scandal in history.
We recently spoke with Linda Najim and Jason Gaswirth of Diamond...
The good news is: The financial services industry is "head and shoulders" above other industries when it comes to being prepared for a pandemic disaster.
The bad news is: There's still a ton of work to be done before banking institutions can say they're truly ready to face such a crisis.
Your complaint is an essential resource for local, state, and federal law enforcement officials. Law enforcers review consumer complaints to spot trends and build cases against hackers, identity thieves, and scam artists.
Here's how to file a complaint about various types of Internet-related problems.
Hackers and spammers may be using your computer right now. They invade secretly and hide software to get access to the information on your computer, including your email program. Once on your computer, they can spy on your Internet surfing, steal your personal information, and use your computer to send spam -...
Have you received email with a similar message? It's a scam called "phishing" - and it involves Internet fraudsters who send spam or pop-up messages to lure personal information (credit card numbers, bank account information, Social Security number, passwords, or other sensitive information) from unsuspecting victims.
It's important to protect your personal information, and to take certain steps quickly to minimize the potential damage from identity theft if your information is accidentally disclosed or deliberately stolen.
Access to information and entertainment, credit and financial services, products from every corner of the world - even to your work - is greater than earlier generations could ever have imagined.
The flip-side, however, is that the Internet - and the anonymity it affords - also can give online scammers, hackers, and...
Shopping online offers lots of benefits that you won't find shopping in a store or by mail. The Internet is always open - seven days a week, 24 hours a day - and bargains can be numerous online. With a click of a mouse, you can buy an airline ticket, book a hotel, send flowers to a friend, or purchase your favorite...
Pandemic preparation gets the lion's share of the headlines when it comes to Business Continuity/Disaster Recovery these days. And that's fine. The topic deserves the attention. Needs it.
But that's not to say that pandemic preparation is the only topic of BC/DR conversation.
Identity theft is a growing epidemic in the U.S. and worldwide. Chances are, if you haven't been directly impacted by it, you know someone that has.
In fact, identity theft led the Federal Trade Commission's (FTC) list of consumer fraud complaints for 2007 - and it's been at the top of the list for the past seven...
It's never easy arising from security or technology to become a business leader in a financial institution. In this exclusive interview, Paul Perini - who came to security from the business side - offers practical insight on:
The qualities an information security leader needs to possess in order to be a successful...
He was the world's first Chief Information Security Officer, and for over 25 years now he has been a true banking/security leader.
Stephen Katz, former CISO at Citigroup, now founder and President of Security Risk Solutions, an information security company providing consulting and advisory services, sat down with...
Shockwaves rumbled through the US banking industry this week with the release of a new report estimating the annual incidents of Identity Theft associated with the nation's top banks.
The study, published by the Center for Law and Technology at the University of California, Berkeley, draws from thousands of...
Governance. One simple word that on the surface seems easy to apply to a security program's role in a financial institution.
Yet, as I heard most recently in a discussion with Stephen Katz, dean of CISO's, "Governance is probably the most misused, overused word around."
Think about it: What does governance...
The insider threat is at the forefront of financial institution concerns these days, and a huge part of mitigating that threat is improving identity and access management. Listen to this interview to hear Subhash Tantry, CEO of Fox Technologies, on:
Five principles of an effective access control management...
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