Everyone was watching the Olympics this past month and saw lots of records being broken. But there is one record no one want to be included in -- the record number of 449 data breaches that have happened (and been made public) and recorded by the Identity Theft Resource Center.
Unfortunately for some unlucky...
Interview with Matt Bishop, Professor of Computer Science, UC-Davis
Career opportunities abound for people interested in entering information security as an entry-level or mid-career position.
In this exclusive interview, Matt Bishop, Professor of Computer Science at UC-Davis, discusses:
His current...
GLBA who? Bank Secrecy what? Insider Threat?...is that something mob-related?
Your customers may not even know your institution is examined for security compliance by the banking regulatory agencies, and so most likely will have never even heard about the ID Theft Red Flags Rule and the impending November 1 ...
Interview With AML Expert Ross Delston
Anti-money laundering has been one of the dominant stories in financial services this year, and the trend isn't likely to abate anytime soon.
In this exclusive interview, attorney and AML expert Ross Delston discusses:
The latest AML trends, including Trade-Based...
Interview with Jennifer Bayuk, Former CISO at Bear Stearns & Co.
Governance is a term increasingly used in financial institutions, as banking/security leaders try to introduce new processes and disciplines to their organizations.
In this exclusive interview, Jennifer Bayuk, an information security specialist...
Brian Dean is Senior Vice President in the Privacy Department at Ohio-based Key Bank with assets under management of approximately $102 billion. A privacy professional for over eight years, Dean has long worked with Key management to begin the convergence journey. He refined this vision as an adjunct professor at a...
Information Security Media Group (ISMG), publisher of BankInfoSecurity.com and CUInfosecurity.com, recently posed a few questions to Debbie Wheeler, Chief Information Security Officer for Fifth Third Bancorp headquartered in Cincinnati, Ohio with approximately $111 billion in assets under management. In her current...
So, I'd started my weekly blog entry intending to discuss application security (I'm keenly interested in what the just-released BIS survey is going to reveal) when the following headline came across on my BIS RSS feed "Social Engineering Hits Brit Bank Head, Victim of Fraud."
You'll have to forgive me for being so...
With the Identity Theft Red Flags Rule compliance date creeping closer, we contacted several banking institutions from around the country for their insights on keeping an information security training program robust and interesting.
We all know that employee and customer awareness are a big part of Identity Theft Red Flags Rule compliance. But what exactly is missing from banking institutions' current awareness programs, which must meet the new standards by Nov. 1?
We recently caught up with representatives of banking regulatory agencies to...
To quote from his own biography, Eugene H. Spafford is one of the most senior and recognized leaders in the field of computing. He has an on-going record of accomplishment as a senior advisor and consultant on issues of security and intelligence, education, cybercrime and computing policy to a number of major...
Maybe the Countrywide television ads that constantly run on cable news shows I watch on weekends will now tout, "Finance your mortgage with Countrywide, and have your identity stolen at the same time for mere pennies."
The recent arrest of a former Countrywide employee in the insider identity theft case, where an...
The OTS released their examination procedures this past week for the looming ID Theft Red Flags requirements due to go into effect in 75 days (not that I'm counting). In discussing this both with members of our management team and fellow practitioners, I'm finding that there's a decided split as to what the impact is...
To me, it was a given.
In the wake of recent news of IndyMac and other bank failures, it seemed safe to say that U.S. banking institutions were dealing with a bit of a crisis of confidence. I mean, I didn't imagine that line of anxious customers outside IndyMac, did I?
But then I got a recent note from a...
As part of the Nov. 1 Identity Theft Red Flags Rule compliance deadline, financial institutions must step up efforts to train employees and customers alike to be more cognizant of Identity Theft and its symptoms.
The idea behind the education is simple: Increasing security awareness prevents the crime from happening....
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