Four banking institutions - two banks and two credit unions - were closed by state and federal regulators late this past week.
These latest closings bring to 24 the total number of failed institutions so far in 2010.
When it comes to protecting your organization and your customers from a data breach, what is considered "reasonable security?"
This question is at the center of several ongoing lawsuits, and how the courts answer it may be one of the biggest stories of 2010.
Shedding light on this hot topic is David Navetta,...
The Federal Trade Commission announced on Monday that is has notified nearly 100 organizations that their peer-to-peer (P2P) file-sharing networks have been sharing information with the wrong people.
The Federal Financial Institutions Examination Council (FFIEC) has issued an updated mortgage fraud prevention guide to help examiners understand, identify and detect these schemes.
At first this court case was a curiosity: Experi-Metal Inc. (EMI), a Michigan-based metal supply company, sued Comerica Bank, claiming that the bank exposed its customers to phishing attacks.
But now this story shapes up as a significant test case for the banking industry, raising several key questions that must be...
Four banks were closed by state and federal regulators on Friday, Feb. 19. The largest of the failed institutions was La Jolla Bank, a Pasadena, CA.-based bank with $3.6 billion in assets.
There have now been 21 failed banks and credit unions so far in 2010.
What's one of the biggest threats to Florida banking institutions? Regulatory reform, according to Alex Sanchez, head of the Florida Bankers Association.
"We're easy targets," says Sanchez, who fears Main Street institutions will take it on the chin from legislators for economic mistakes made by Wall Street and...
ATM attacks are among the most prevalent forms of fraud striking banking institutions and their customers. And while institutions are ever more vigilant at defending against these increasingly sophisticated crimes, the best defense might still be the simplest: Customer education.
Here are six consumer tips to help...
The International Biometric Performance Conference entitled Performance, Evaluation and Specification of Biometric Technologies will bring together biometric users, technology providers, integrators and evaluators.
Financial institutions must address a growing number of regulations designed to ensure the security, integrity and confidentiality of customer and corporate data . Regulations are often mandatory and compliance must be verifiable. In many cases, organizations and their company officers found to be non-compliant may be...
Dena Haritos Tsamitis has an ambitious goal for the year: to improve cyber awareness among 10 million people globally.
The Director of Education, Training and Outreach at Carnegie Mellon University's CyLab, Dena discusses:
The cyber awareness challenge among people of all ages;
Effective techniques for...
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