Heartland Payment Systems announced today that it will pay Visa-branded credit and debit card issuers up to $60 million to cover losses incurred from the Heartland data breach. It is the largest known settlement amount ever paid to Visa as a result of a breach, eclipsing the TJX settlement of $40.9 million in November...
What are the new year's top trends in banking, payments and security?
Javelin Strategy & Research has just released its Top 10 Trends report for 2010. James Van Dyke, president of Javelin, discusses:
Top headlines from the new report;
Biggest threats to banks, payments and security;
The "next big thing" in...
2010 is the Chinese year of the tiger - a fitting image for banking/security leaders that must be vigilant against the information security threats that challenge financial institutions and their customers.
To prepare for this New Year, we've prepared a Banking/Security Agenda that looks at fraud, regulatory...
Earlier this week, I blogged on what have been the most popular interviews I've conducted in 2009 - and there have been a lot of them.
Today I'd like to talk about my favorite interviews of the year. And there have been a magnificent seven of those.
Marcus Ranum has a unique take on the biggest information security threats to organizations and individuals.
A renowned expert in secure systems and design, Ranum, currently the CSO of Tenable Security, offers a new look at topics such as the risks of cloud computing and what he calls the myth of cyber warfare.
This is always a fun exercise.
I spent some time today looking back over all the articles we published (so far) in 2009.
And that number is 891, by the way - an average of just over 17 per week, or three-plus per weekday. But the number that concerned me most is 10 - what have been the top 10 most popular stories...
Interview with Jay Foley of the Identity Theft Resource Center
Financial scams and incidents of medical identity theft are on the rise - and they're among the main threats to business and consumers in 2010. This is the warning from Jay Foley, executive director of the Identity Theft Resource Center.
This is the last thing you'd want during the holiday season.
I lost my purse at a local movie theater recently, and within a couple hours realized my loss. Nervously, I rushed to the customer service department, all the while hoping to get my grey tote bag handed safely from underneath the counter.
If you thought 2009 was a tough year in terms of regulatory scrutiny, wait until 2010.
With regulatory reform and consumer protection high on the agenda, financial institutions should face new pressures on several fronts, say industry observers.
Here are the top regulatory issues for banking institutions to...
Malware is increasingly sophisticated, and social media are the common new venues for attacks.
These are the headlines from the latest Cisco Annual Security Report. Patrick Peterson, Cisco senior fellow, offers highlights of the report, discussing:
Top trends and threats;
The risks to specific vertical...