BITS is ramping up its work with federal regulators around pending legislation. What initiatives is the group spearheading, and how can banking institutions play an integral role in the process?
Information security isn't just the domain of those branded information security professionals but also requires the knowledge of nearly every other IT occupation as well as individuals in many non-technology jobs, too.
The UK Information Commissioner's Office has fined Welcome Financial Services Limited £150,000 over lost back-up tapes. The compromised information on the tapes includes names, addresses and telephone numbers.
Two servers that have protected hundreds of thousands of Internet users will be shuttered early next week, meaning that a number of people won't be able to access the Internet. But for most users, the event will go unnoticed. Here's why.
A U.S. appeals court reversed a lower court's ruling in the ACH/wire fraud dispute between PATCO Construction Inc. and the former Ocean Bank, now People's United. What is next in this high-profile case?
People receiving IT security graduate degrees are highly educated, but as the Center for Internet Security's William Pelgrin says, "We have a deficit of those individuals who can pick up the ball and run with it very quickly." He's doing something about that.
For United Bank & Trust, cost, efficiency and customer adoption were big considerations when it came to FFIEC conformance. How did this $1 billion institution determine the best authentication option?
Banks and credit unions are investing in enhanced fraud detection, but are they spending money on the right things? The new Faces of Fraud survey report shows too many are still confused by updated FFIEC demands.
The out-of-court settlement reached in a dispute between Village View Escrow and Professional Business Bank shows it's getting more difficult for banks to avoid liability, experts say.
A lingering legal dispute over a corporate account takeover incident at escrow company Village View has finally come to a close. Find out more about the details of the case and the settlement.
LinkedIn contends it had on staff world-class security experts when nearly 6.5 million members' hashed passwords were pilfered, although the social media company has neither a chief information officer nor chief information security officer.
Howard Schmidt takes exception with aspects of our blog that addresses his position in the White House hierarchy and relationship with agencies' chief information security officers. Here's his response.
A new survey from FS-ISAC and the ABA finds financial losses linked to ACH fraud are decreasing. What are banks doing differently, and what technology investments are reaping the most rewards?
Global Payments Inc., the breached payments processor, now says the scope of its self-discovered data breach may be broader than initially reported and involve personal data collected from merchant customers.
It's the everyday attacks, not the Flames, that are most likely to put an organization's IT infrastructure in jeopardy. Here is advice for how organizations can staff up and improve cybersecurity.
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