Three years after the Heartland Payment Systems breach, Heartland and the PCI Security Standards Council are taking commendable steps to improve payments security at the merchant level.
Banks and the U.S. payments infrastructure are prime targets for international cyberattacks. And it's not just money hackers are after, says Bill Wansley of Booz Allen Hamilton. What else is at risk?
In the wake of recent merchant breaches, a new PCI training program aims to enhance point-of-sale security. Which payment card risks does this program address? PCI Council chair Bob Russo explains.
COBIT 5 for Information Security comes at a time when the IT threat landscape is changing drastically. ISACA's Robert Stroud explains how organizations can use the framework to mitigate the risks.
U.S. banks are well-aware of the fraud vulnerabilities magnetic-stripe cards pose, yet few have made moves toward chip technology. The time for stalling is over.
The great thing about fraud examination is that you can really play to your own strengths when choosing a career. The following six job roles are just a few of the career paths a fraud examiner might take.
Heartland Payment Systems, which suffered a massive breach in 2009, is working to enhance POS security at the merchant level. What steps is this processor taking, and what role would it like to see card-issuing banks play?
The message from N.Y. officials who say Standard Chartered Bank handled more than $250 billion in illegal transactions: Banking institutions better double-check their anti-money-laundering controls.
The United States - and other advanced societies - shouldn't let the reliability of their electric grids lull them into being unprepared for possible massive power outages caused by cyberattacks, cybersecurity expert Harry Raduege says.
Now that Congress has failed to enact significant cybersecurity legislation, President Obama needs to find new ways to secure key government and business IT systems, says Melissa Hathaway, a former top White House cybersecurity adviser.
Associated Bank, which has more than 250 locations in three states, is addressing BSA compliance and money-laundering detection at the enterprise level. How could that approach also help the bank improve fraud detection?
Senate supporters of the Cybersecurity Act of 2012 failed to gain the 60 votes necessary to bring the measure up for a vote, a significant setback for those seeking enactment of a comprehensive cybersecurity law this year. The vote was 52 to 46.
"We find it hard to believe that there are any reasons or basis to oppose this legislation," presidential counterterrorism adviser John Brennan says of the Cybersecurity Act of 2012. "I'm just very puzzled as to why individuals would oppose this."
The definition of reasonable security changes over time. And that's something the courts must consider when reviewing legal disputes over fraud liability.
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