OK, so today's the day.
After two months of anxious anticipation, today is May 19, the deadline Visa set for financial institutions to file fraud claims related to the Heartland Payment Systems (HPY) data breach.
So...now what?
OK, back home and back in the office fulltime after a couple of weeks on the road to California for the RSA Conference and a bit of R&R. Some observations as I clear my desk ...
I'd like to think we saved the best for last.
This past Friday, as the annual RSA Conference concluded, I presented the results of our annual Banking Information Security Today survey to a surprisingly packed house of banking/security leaders, regulators, consultants and vendors.
She did a Geithner.
In making her first public appearance since delivering her long-awaited cybersecurity review to President Obama last week, Melissa Hathaway took to the stage at the RSA Conference in San Francisco on Wednesday. And she did exactly what Treasury Secretary Timothy Geithner was criticized for when...
OK, so it's April 15, and everyone's mind turns to taxes and filing returns.
Me? I'm thinking of the pace of failed banking institutions we've seen so far this year - and wondering just how much we're taxing the FDIC's insurance fund.
OK, so here's a reaction I never expected.
We've talked a lot about the banking crisis over the past year - the differences between Wall Street and Main Street, and how all financial institutions are impacted in one way or another by fallout from the industry's "3 B's," Bailouts, Bernie and Bonuses.
Angry about the Heartland data breach?
Anxious because you have an upcoming regulatory exam?
Frustrated by the effects of the global recession, and wondering when the heck we're going to climb out of it?
Every day I'm driving to or from work -- or even on the weekends - it seems like I hear about some new urgent priority that I must be aware of, whether it be the flailing economy, President Obama's directives, data breaches, or any number of other news-worthy items. But I love the news - so I don't mind!
So, today's the day.
When Bernard Madoff appears in court this morning, presumably to plead guilty to at least a portion of the fraud he committed in his $50 billion Ponzi scheme, the world will be watching.
Spring time in Washington D.C. used to be marked by the pink and white splashes of color of the cherry trees that line the Potomac and the Tidal basin.
Now I suspect this spring (or possibly even sooner) we're going to see some color of a different kind in D.C. - the color red.
I read the news today, oh, boy.
About another credit card processor that supposedly has been breached, exposing consumers and cards to potential fraud.
This news comes almost a month exactly after Heartland Payment Systems (HPY) went public with news of its data breach sometime in 2008.
The number of financial institutions that stepped forward to say their customers' credit or debit cards were compromised because of the Heartland Payment Systems (HPY) data breach has now reached more than 500.
Little more than a month ago, on Jan. 20, Heartland, a Princeton, NJ-based payments processor, went...
The number of identity fraud victims has increased 22 percent in the U.S., costing 9.9 million victims a total of $48 billion in 2008.
This is the news from the fifth annual Identity Fraud Survey Report from Javelin Strategy & Research. In an exclusive interview, James Van Dyke, Javelin founder and President,...
Interview With Dick Langford, VP, BB&T
What happens after a major security breach such as the Heartland Payment Systems hack? How do banking institutions go about notifying their customers - whose responsibility is it?
At BB&T in Winston-Salem, NC, the role is filled by Dick Langford, Vice President and Manager,...
Times are tough, and we all continue to hear about the heightened risk of the insider threat. Granted, unauthorized insider access to data has always been a concern. But the concern is increased now because of the tremendous changes that we are seeing in the economy.
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