The Federal Financial Institutions Examination Council (FFIEC) has issued an updated mortgage fraud prevention guide to help examiners understand, identify and detect these schemes.
TJX. Hannaford. Heartland. Those are the names we all know, the famous fraud stories we all can recite by heart.
But who knows about Unique Industrial Product Co., a Sugar Land, Tex.-based company that lost $1.2 million to fraudsters this last April?
Each time we see a major data breach related to payment card data, the breached entity says 'Gee, well we were told we were PCI compliant - how could this happen?'
Driving to my office yesterday, I listened to the radio as an announcer read the news of an FBI sweep that saw politicians and religious leaders arrested. The first group I wasn't exactly surprised about, but religious leaders? Well, I was listening even more closely when the radio announcer then said there were four...
If there's one thing I've learned about information security professionals, it's that they come in multiple flavors.
Yet, increasingly today, you want people who can run security like a business, feel comfortable in maintaining a seat at the table and are willing to work with changing governance
Imagine the scene: You awaken to start your workday, boot up your PC, and suddenly two of your most mission-critical software applications are unavailable.
Looking for summer reading?
Just finished a new book, "Late Edition," by one of my favorite writers, Bob Greene. This is a touching, often funny memoir of Greene's days as a newspaper rookie in Columbus, Ohio in the 1960s.
The power of social networking web sites can be measured by just looking at the number of hits (or visits) to a person's web page on such well-known sites as MySpace or Facebook.
The negative side web users should consider before placing information on such social networking sites include the connection one...
I moved to Citicorp in the mid-90s, and from the beginning we recognized that in order to be successful, information security had to have the support and buy-in from business and executive management.
The first federal CTO thinks the new federal CTO also could serve as the federal cybersecurity czar.
Norm Lorentz served as the federal chief technology officer in 2002 and 2003, working within the White House Office of Management and Budget. In that job, Lorentz focused on developing the federal IT enterprise...
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?
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