In Georgia, a man has pleaded guilty for his role in a $1.3 million phishing scheme. How did Bank of America and Chase help law enforcement agencies crack this alleged international fraud ring?
The social network Myspace has settled with the Federal Trade Commission over misrepresenting its privacy policies by sharing personally identifiable information with advertisers without first getting permission from users.
Which security concerns should institutions be bracing for, as more consumers adopt mobile banking? BITS offers a collection of recommendations from some of the industry's top institutions.
Even with security information and event management systems, organizations labor to separate normal log data from actionable events, according to the latest Log and Event Management Survey from the SANS Institute.
Organizations often do not detect intrusions until after they've been compromised, says Rob Lee of SANS Institute. So how should they improve their incident-response posture? Lee offers three tips.
What steps can financial institutions take now to control and enhance the security of mobile banking? Brian Pearce and Amy Johnson of Wells Fargo share some of their bank's strategies.
Which Internet security threats pose the greatest risks to organizations in 2012 and beyond? Symantec has just released its Internet Security Threat Report, which reveals some surprising trends.
How can organizations ensure that their information security staff is mitigating the latest threats? And what truly defines an information security professional? Here are some of the key ingredients.
New advisories from Visa suggest that payments processor Global Payments Inc. may have been breached in June 2011 - nine months earlier than initially reported.
The latest spin on the insider threat: malicious outsiders taking advantage of inadvertent insiders, says Dawn Cappelli of Carnegie Mellon University. Learn how to detect and prevent these attacks.
Payments processor First Data warns about an uptick in trolling - hackers sniffing networks for easy access to merchants' point-of-sale systems. What can banks do to help merchants prevent breaches?
Symantec says Internet vulnerabilities are down, but don't get too comfortable. We can expect more attacks in 2012. Why are the same threats still posing so much concern?
If you handle critical data, you've got to be humble, advises Bob Carr, CEO of breached processor Heartland Payments System. "Anyone that thinks they're not going to be breached is being naïve."
When Joseph Bognanno of Wolters Kluwer Financial Services examines 2012's financial fraud trends, all he sees is more - more of everything, from schemes to new guidance. How can banks stay ahead?
A security firm has uncovered a wave of fraud striking corporate checking accounts in the U.S., U.K. and China. How are the criminals gaining access to supposedly secure banking credentials?
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