An inside breach at BofA that led to more than 300 compromised accounts signifies growing concerns about internal threats. But experts say organizations can implement strategies to detect - and in some cases even predict - internal fraud.
A silver lining is emerging behind the rash of breaches that occur all too regularly. The fact that these breaches make the public more aware of the vulnerabilities is encouraging in efforts to make the Internet safer for all.
The U.S. Supreme Court heard arguments Tuesday in a healthcare privacy case dealing with the power of states to bar data mining companies from selling information about doctors' prescription-writing habits to drug companies.
Key questions: What impact - if any - will the recent RSA and Epsilon data breaches have on the FFIEC's pending authentication update? And when will this long-awaited banking guidance finally be released?
For Will Pelgrin, the former New York State chief information security officer, mobile devices, insiders and old infrastructure represent the major challenges local and state governments face in in securing information technology.
In the wake of WikiLeaks revelations of critical data, Asian banking institutions now are paying even greater attention internally to issues of governance, risk and compliance, says K. Sugumaran of RSA.
Payment card fraud. ACH and wire transfers. ATM skimming. And especially insider crimes. These are among today's top information security threats to institutions, says banking regulator Gigi Hyland in an exclusive interview.
Three recent breach incidents, each involving the loss or theft of back-up drives, illustrate that some organizations are doing a better job than others in informing consumers about the steps they're taking to prevent more breaches.
Fraud, risk management emerging technologies -- these issues know no boundaries. That's why we're launching a series of new international BankInfoSecurity sites to draw proper attention to local issues that impact the global banking industry.