Page 6 - The Field Report

Fraud Management & Cybercrime

Podcasts: You Should Hear What You're Missing

Tom Field • October 29, 2009

One of the pleasures of my job is that I get to talk to a lot of people. Bankers, regulators, analysts, security professionals. I enjoy the privilege of speaking to a broad range of thought-leaders and tapping into their insights into the challenges and opportunities of the world today. And then, through the magic of...

Bank/Credit Union Failures - the Real Number

Tom Field • October 28, 2009

So, how many banking institutions have failed in 2009? If you pay attention to the popular news media, then your answer is 106. And you'd be partially right. That is the number of FDIC-insured banks to have failed this year - the most in any year since about two President Bushes ago.

Business Continuity Management / Disaster Recovery

Are We Taking H1N1 Seriously?

Tom Field • October 27, 2009

I rarely turn on TV news anymore (hey, I live in front of a computer screen!), but twice last week I found myself watching cable news shows, and here's what I saw:

Bank Failures: A Long, Quiet Weekend

Tom Field • October 14, 2009

Of all things I was prepared for over the Columbus Day weekend - baseball playoffs, kids' activities, fall foliage - I wasn't prepared for this: A week without bank failures.

Governance & Risk Management

What's Your Next Move? Take Our 2010 Career Trends Survey

Tom Field • October 1, 2009

Risk management. Audit & compliance. Fraud, investigations and forensics. What do these three topics have in common? They're the information security areas with the greatest potential for job growth, according to our new Information Security Today Career Trends Survey.

ACH Fraud

Catching up on the News: ACH and H1N1

Tom Field • September 23, 2009

Catching up a bit on the news, as shared with me by various banking friends.

Don't Let Regulatory Reform be Derailed by Improved Economy

Tom Field • September 21, 2009

Years ago, when I learned to drive and got my first cars, my approach to automobile maintenance was: If the "Check Engine" light came on, keep driving. Whatever the problem is, I'll drive out of it. I see a disturbingly similar pattern now in the banking industry.

The Big Stories to End '09 with a Bang

Tom Field • September 4, 2009

Sitting here on the cusp of the Labor Day weekend, and I'm thinking ahead to what I believe will be the big stories - of interest to us in banking/security, at least -- in the final quarter of 2009. Here, in no special order, are my top three...

Fraud Management & Cybercrime

Online Fraud: Who's Looking Out for Businesses?

Tom Field • August 27, 2009

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?

Governance & Risk Management

SafeCatch: a New Approach to Confronting Would-be Robbers

Tom Field • August 18, 2009

Now here's an idea I like for thwarting bank robberies!

Stupid Bank Robber Tricks

Tom Field • August 12, 2009

Robberies, ATM heists, insider thefts - there are so many risks to employees, customers, funds and electronic data, and they're only heightened by economic conditions. Desperate times, desperate people. This is why we focus on physical security this month - to underscore how critical it is to a banking...

Fraud Management & Cybercrime

PCI: The Big Unanswered Question

Tom Field • August 10, 2009

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?'

Business Continuity Management / Disaster Recovery

The Pandemic: What's it Really Mean?

Tom Field • August 4, 2009

I've had this conversation a lot lately. We'll be talking the news of the day, a colleague and me, and the topic of H1N1, or swine flu will arise.

Standards, Regulations & Compliance

The FTC and Red Flags: Another Extension - What Gives?

Tom Field • July 30, 2009

This one was almost predictable. We were just days away from Aug. 1, the date after which the Federal Trade Commission (FTC) would start enforcing compliance with the Identity Theft Red Flags Rule. Then came the announcement from the FTC that it's going to extend the deadline. Again.

It's 5 p.m. on a Friday. Do You Know How Many Banks Closed Today?

Tom Field • July 28, 2009

It's become a Friday night ritual over the past year or so. Wait til 5 p.m., and then watch the clock to see how many after-hours bank failure notices come through from the FDIC or OCC.