The most critical and often weakest link in ANY security program is the human element. This is true in data security, and as the events of Christmas day showed us, national security as well.
The $60 million settlement announced by Heartland Payment Systems and Visa on Friday didn't come without some provisions (translated: strings attached) for those institutions thinking about taking the settlement offer.
Heartland Payment Systems announced today that it will pay Visa-branded credit and debit card issuers up to $60 million to cover losses incurred from the Heartland data breach. It is the largest known settlement amount ever paid to Visa as a result of a breach, eclipsing the TJX settlement of $40.9 million in November...
With the global recession barely in the rearview mirror, you hear a lot of people saying one of two things: "I'm lucky to even have a job" or "This is a lousy time to be looking for work."
2010 is the Chinese year of the tiger - a fitting image for banking/security leaders that must be vigilant against the information security threats that challenge financial institutions and their customers.
To prepare for this New Year, we've prepared a Banking/Security Agenda that looks at fraud, regulatory...
Nearly one year after the announcement of the biggest known data breach ever reported, the international hacker behind the crime pled guilty and will be sentenced in March.
Now that the New Year is here and 2009 is behind us, here's a list of all the things that I think that infosec pros at financial institutions would like to receive in 2010
Earlier this week, I blogged on what have been the most popular interviews I've conducted in 2009 - and there have been a lot of them.
Today I'd like to talk about my favorite interviews of the year. And there have been a magnificent seven of those.
This is always a fun exercise.
I spent some time today looking back over all the articles we published (so far) in 2009.
And that number is 891, by the way - an average of just over 17 per week, or three-plus per weekday. But the number that concerned me most is 10 - what have been the top 10 most popular stories...
Heartland Payment Systems will pay $3.6 million to American Express to settle charges relating to Heartland's landmark data breach.
The payment, Heartland says in a press release announcing the settlement, resolves "all intrusion-related issues between the two parties" regarding the breach of an estimated 130...
When it comes to protecting their customers' identities, how do the major banking institutions rate?
Javelin Strategy & Research has just released a new Banking Identity Safety Scorecard that ranks the major institutions. In an exclusive interview about the report, James Van Dyke discusses:
How the scorecard was...
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