Michaels, Save Mart and Subway. Each of these companies was victimized by point-of-sale fraud, and security experts say the fraudsters' patterns offer valuable security tips to merchants and financial institutions.
Value? It's coming in more shapes and forms than ever before, says Kosta Peric of SWIFT. So how can financial institutions embrace these new values and provide products and services that meet growing consumer demand?
2011 has offered quite a number of tough lessons for security professionals. Here at (ISC)2, where security education is our focus, the close of another year raises the old teacher's question: "What have we learned, class?"
Calif.-based grocer Save Mart confirms dozens of reports by employees and customers about account compromises linked to the merchant's recent breach. Are these incidents linked to a larger, organized crime ring?
Despite the FFIEC authentication guidance and the growth of online fraud, financial institutions still rely on outdated practices that expose customers to risk. How can institutions update their security measures?
A card compromise at a California-based grocery chain has raised questions about the efficacy of PCI-DSS. Experts say even if merchants are compliant, fraudsters can easily get around the security measures.
In their efforts to conform with the FFIEC authentication guidance, many financial institutions are caught off-guard by the overall cost of enhanced detection and authentication for online banking. Why?
Bank of America, a pioneer in mobile banking, says mobile is hot, but it also opens financial institutions to unknown risks. What proactive steps should banks and credit unions take to ensure they're ready?
ACH fraud victim Mark Patterson says small businesses like his welcome improved online security measures from banking institutions. But is the new FFIEC Authentication Guidance sufficient? Patterson says no.