The four federal banking agencies--the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of Thrift Supervision--today published an interagency advance notice of proposed rulemaking (ANPR) regarding potential...
New data shows that on average, businesses are spending an eye-popping amount of money every month in IT resources to fight the spyware plague.FaceTime Communications, an IT security provider, surveyed more than 1,000 IT managers and end users. The key finding: spyware and other unsanctioned downloads are...
NSIQ: First, what is Bluetooth?A: It’s a technology that lets devices communicate with each other sans cables or wires. More specifically, Bluetooth is a wireless standard, which means manufacturers of any device can ensure that their devices communicate with those from other companies. Q: Why is Bluetooth so...
Internet-related crime, fraud, and damage is going through the roof. Here we take a look at what Consumer Reports has named the four major online threats you need to defend against.VIRUSES AND WORMSOldies but goodies (baddies?), these have plagued computer users for nearly two decades. They typically infect computers...
WhartonWhen online auctioneer eBay announced its intentions last week to buy Internet communications services provider Skype in a potential $4.1 billion deal that will consolidate three of the biggest Internet brands -- eBay, PayPal and Skype -- under one roof and eliminate e-commerce "friction," the questions...
Omar HerreraIf we analyze the impact of certain types of security incidents (e.g. system intrusion, fraud, denial of service, leak of confidential information) on several types of industries, we will see that the impact will be higher on banks and financial institutions than any other organization.If you study the...
TO:  Chief Executive Officers and Chief Information Technology Officers of National Banks, Federal Branches, Service Providers, Department and Division Heads, and Examining PersonnelPURPOSEThis alert is intended to raise awareness of an increasingly common Internet fraud called “phishing†and...
Description: Final Rule  The OCC has issued a final rule governing national banks’ ability to conduct business using electronic technologies. The regulation was published in the Federal Register on May 17 and, except for one provision, is effective on June 17. The exception is a provision...
According to recent government estimates, some 10 million people a year are victims of identity theft. Some sources estimate that annual losses related to identity theft total as much as: $50 million for individuals and $48 billion for businessesWhile these figures represent an average loss of only about $500 per...
New Viruses Target IMA security firm reports that in July alone, the number of viruses threatening instant messaging systems rose nearly 25%. The acceleration of IM viruses, long predicted by security experts, has come to pass, according to Akonix Systems; new outbreaks with names such as Rants, Prex, and Kirvo are...
Ever inventive, cyber-criminals who specialize in phishing scams are finding new ways to hook you and your personal financial information.The days of amateurish phishing expeditions filled with typos are long gone. It’s our hope that by learning of the latest techniques, you can stay one jump ahead of this...
Many attacks in the past decade have focused on vulnerabilities at the network and operating systems level. Nowadays, hackers seem to be more closely focusing on application level attacks. There are several reasons for this.Too many network protocol suits are being used by organizationsOrganizations tend to use too...
 Internal attacks on computer systems are overtaking external attacks at the world’s largest financial institutions. That’s a key finding from the 2005 Global Security Survey conducted by Deloitte Touche Tohmatsu. In the annual survey, 35% respondents said that in the past 12 months,...
Most banks are surprisingly vulnerable to identity theft, according to a hired gun who makes his living by penetrating their security systems.With over 100 successful heists to his credit, Jim Stickley is one of the most successful bank robbers of all time. But he’s not after the cash. He’s after...
Access to Money Q. The local banks are not cashing my checks or letting me withdraw money from teller stations, what can I do? A. If you do not have an account relationship with the bank, it may be concerned about whether there are sufficient funds in your bank account. Ask the bank
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.eu, you agree to our use of cookies.