Don't be too quick to write off the PATCO court ruling as a victory for banking customers in the debate over ACH/wire fraud liability. The reversal could actually be a win for banks.
In a tribute, we remember Terrell Herzig, information security officer at UAB Health System, an innovator who was passionate about sharing best practices for protecting sensitive information.
The First Circuit Court of Appeals ruling offers a fascinating look at exactly which security controls Ocean Bank, now People's United Bank, did - and did not - offer to customers such as PATCO.
Information security isn't just the domain of those branded information security professionals but also requires the knowledge of nearly every other IT occupation as well as individuals in many non-technology jobs, too.
How are banks addressing mobile security risks? Bank of America's Keith Gordon says most are just beginning to forge ahead in the mobile space, and new security gaps are areas for which institutions have to prepare, proactively.
The CISO role is evolving. But for that role to be truly recognized throughout the organization, security professionals need to make some improvements. Read on to find out how to be an influential CISO.
The Zeus Trojan is frightening because of its agility, evolution and success at stealing banking credentials. How can institutions fight back? Malware expert Andreas Baumhof offers new ideas.
Two servers that have protected hundreds of thousands of Internet users will be shuttered early next week, meaning that a number of people won't be able to access the Internet. But for most users, the event will go unnoticed. Here's why.
A U.S. appeals court reversed a lower court's ruling in the ACH/wire fraud dispute between PATCO Construction Inc. and the former Ocean Bank, now People's United. What is next in this high-profile case?
Gary Foster, a former vice president in Citigroup's treasury finance department, has been sentenced to 97 months for a bank fraud scheme that spanned nearly eight years. Was the sentence tough enough?
Banking institutions are making significant anti-fraud investments as they work toward conformance with the FFIEC's updated Authentication Guidance. But are they investing in the right solutions?
People receiving IT security graduate degrees are highly educated, but as the Center for Internet Security's William Pelgrin says, "We have a deficit of those individuals who can pick up the ball and run with it very quickly." He's doing something about that.
Learning how alleged fraudsters hacked systems and traded in stolen credit- and debit-card numbers can help organizations take steps to protect their customers' and stakeholders' sensitive information.
In what is being called "the largest coordinated international law enforcement action in history directed at carding crimes," 24 suspects have been arrested in a fraud scheme likely involving more than 400,000 accounts.
The recent settlement between Village View Escrow and Professional Business Bank could set a new course for legal disputes involving account takeover, say the attorneys involved in the fraud case.
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