Now the banking industry is fighting back with a series of public initiatives designed to raise awareness and share tips about how to detect and deter corporate account takeover.
The following recommendations were developed by the FS-ISAC and NACHA for business customers that want to protect their online banking credentials and strengthen ACH and wire security procedures.
Interview with Larry Marik, New Chair of the Nebraska Bankers Association
There is a sense that Congress soon will pass historic banking regulatory reforms - and soon after, community banking institutions will start to feel the impact.
"Community banks were not the problem, but community banks will be part of...
How vulnerable are organizations to cyber attack? It depends on your definition of "vulnerable," says Robert Richardson, Director of the Computer Security Institute (CSI). "There's vulnerable," he says, "and then there's likely to be attacked."
In an interview about current threats, Richardson...
Interview with Allan Bachman of the Association of Certified Fraud Examiners
The magnitude of fraud schemes has grown - the scale and the losses. But the basics of fraud investigation remain sound. And if there's one thing people should know up front, says Allan Bachman of the Association of Certified Fraud...
Security vendor Jim Woodhill took his Reg E reform crusade to Washington, D.C. this week, meeting with the American Bankers Association and other interested parties.
A review of the top news items you should be paying attention to this week, including:
$500 million money laundering bust;
Reg E reform discussed in D.C.;
Cyber crime threats.
Be sure to listen to this overview, and check out all of the week's news and views on BankInfoSecurity.com
To start this week, I want to take a look at some of the numbers that caught my eye.
Trojans, ATM fraudster plea and home foreclosure rates are some of the stories that should mean something to everyone.
Interview with Robert Richardson, Director of CSI
How vulnerable are organizations to cyber attack? It depends on your definition of "vulnerable," says Robert Richardson, Director of the Computer Security Institute (CSI). "There's vulnerable," he says, "and then there's likely to be attacked."
In an interview...
A review of the top news items you should be paying attention to this week, including:
P2P Payments: Banking's Future?
Fighting Fraud in the Re-Set Economy;
Does New Breach Law Have Teeth?
Be sure to listen to this overview, and check out all of the week's news and views on BankInfoSecurity.com
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