Mike Mitchell, new chair of the Payment Card Industry Security Standards Council, says mobility is among his top priorities for action in 2012. How will emerging technologies influence the standard?
Anonymous and associated hacking groups have been attacking police departments and associations over the past week, disrupting access to official websites and leaking certain information.
In the wake of the latest high-profile hacktivist attacks against banking institutions, industry experts offer these tips to bolster online security, customer awareness and the corporate image.
Two of the American government's most IT-security sensitive organizations - the Army and National Security Agency - are looking for ways to employ smartphones to access selected IT systems.
Verisign Inc. may have followed the letter of the law when revealing a series of breaches in an SEC filing. But the company that assures the flow of a hefty portion of Internet traffic should have been more forthright to ease the minds of its various constituencies.
Alisdair Faulkner of ThreatMetrix says financial institutions and businesses should focus on five key security areas. What make up the top five, and where do banks need to make the greatest fraud-prevention investments?
Regulators have hinted at it, and industry experts say it's coming. U.S. banking institutions can expect to see new guidance for mobile banking. The open questions are: When, and in what form?
IT security provider Symantec says it identified multiple publisher identifications on the Android Market that are being used to push out Android.Counterclank, which it characterizes as a bot-like threat that can receive commands to carry out certain actions, as well as steal information from the device.
Risk assessments are over. Now it's time for institutions to prove they conform to the FFIEC's Authentication Guidance. Fraud expert George Tubin offers tips to prepare for the first regulatory exam.
Losses linked to debit fraud now exceed losses connected to check fraud, according to a new survey by the American Bankers Association. How are banks responding to the threat?
Bringing Your Own Device raises jitters among employers, who worry about exposing or losing sensitive data, and employees, who fret about their bosses spying on them. Despite these anxieties, the trend will continue because that's what people want.
The Europay, MasterCard, Visa standard, commonly used in most global markets, is coming to the U.S. The sooner issuers, acquirers and merchants initiate migrations, the better, says Stephanie Ericksen, head of authentication product integration at Visa.
U.S. banking institutions could learn a great deal about incident response from how one Singapore bank recently responded to a data breach with customer alerts, and even an apology from the CEO.
U.S. and European institutions can learn from DBS Bank's example. In response to a rash of fraudulent withdrawals that cost accountholders $1 million, the bank is launching a new SMS/text alert service for ATM transactions.
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