The BlackBerry disruption strikes at a core IT security precept: availability. Yet, as cybersecurity and IT architecture practitioner Winn Schwartau points out, it also raises the less-often talked about proposition of accountability.
Global events, especially those involving the deaths of politically exposed individuals, have significant impacts on individual banking institutions and the global financial infrastructure.
What fraud and security issues does Paul Smocer, the new president of BITS, see as being top concerns in the coming year? Mobile payments, social media, and a strong need for institutions and organizations to comply with existing guidance top the list.
Mark Weatherford, who also served as Colorado's chief security officer, will start work in mid-November in the new post, which absorbs responsibilities previously performed by Phillip Reitinger, now Sony's CISO.
In the wake of Libyan ruler Moammar Gadhafi's death, U.S. banking institutions are on heightened alert for money-laundering and terrorist financing linked to Libya and other parts of Northern Africa.
Banking institutions have a role to play: They must provide more customer education about the lures fraudsters use to compromise bank accounts and, ultimately, identities.
"If the rate is not increased, it won't be good for the industry. It will put a damper on the spending for anti-fraud technologies," says Steve Kenneally of the American Bankers Association.
Instead of sabotage, as Stuxnet was used on Iranian nuclear centrifuges, Duqu is designed to gather intelligence that could help attackers mount a future digital assault on industrial control facilities.
Criminals manipulate an ATM so that the cash requested is blocked or trapped. Once the user gives up and leaves the ATM, the fraudsters come in and remove the cash. So, how can banks prevent this scam?
Mike Brown and Amry Junaideen see audits as great tools to promote heftier IT security budgets, substantiating where dollars should be spent to safeguard an organization's information systems and assets.
Facial recognition, arguably, is the technology that most threatens individual privacy online, and that's on the mind of Senate Commerce Committee Chairman Jay Rockefeller, who has asked the FTC to report on its growing use.
Investigators have linked a retail-credit scheme to a pair of fraudsters who are believed to have stolen $9 million from 8,000 victims. How could such a scheme go undetected for 15 years?
While the debate over privacy swirls, the actual voice of the consumer is rarely heard. Until now. And what the consumers have to say in new research about privacy notices and data usage may surprise you.
Nearly four years ago, Capital One Bank set out to integrate its fraud detection and anti-money laundering platforms. Today, the institution has some impressive results and savings to share.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing cuinfosecurity.com, you agree to our use of cookies.