Gigi Hyland, board member of the National Credit Union Administration, says the latest draft of authentication guidance is awaiting final signoff from just one member agency of the Federal Financial Institutions Examination Council.
Coreflood steals usernames, passwords and other private personal and financial information used for a variety of criminal purposes, including stealing funds from the compromised bank accounts.
At a time when there is heightened demand for cybersecurity professionals within the U.S. federal government, the value of IT security certifications ranks high as a criterion for hire.
A U.S. District Court in Texas granted motions made by acquiring banks Heartland Bank and KeyBank to dismiss civil actions brought against them for their involvement in the 2009 Heartland Payments Systems data breach.
This kind of problem happens to everybody, says Marcus Ranum, CSO of Tenable Network Security, in response to the widely publicized breach at RSA. And maybe hes right. Perhaps this kind of problem does happen to everyone. But should it?
RSA executives haven't been commenting publicly since the security solutions vendor revealed last week it had been victimized by a sophisticated cyberattack aimed at its SecurID two-factor authentication product. But weeks before the hack, I spoke with RSA Chief Technology Officer Bret Hartman about advanced...
Banking/security leaders aren't crazy about banking regulators telling them they could have done a better job detecting ACH fraud, and they're eager for more specific guidance on what to do going forward.
Recent incidents of corporate account takeover have pushed regulators, associations and practitioners to call for greater awareness and more collaboration between commercial customers and banks. But is there an ROI to enhanced awareness?
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