Simply put, former FDIC Chair William Isaac says the "U.S. economy is really struggling," and could be on the verge of a double-dip recession, if global political leadership does not initiate some significant changes - and fast.
As of Aug. 22, 306 major health information breaches affecting a total of almost 11.7 million individuals were included in the official federal tally. Fourteen incidents affecting a total of about 270,000 were added since July 22.
The Electronic Healthcare Network Accreditation Commission, which already accredits health information exchanges, plans to also accredit certain technology vendors that serve HIEs.
The compliance deadlines are aggressive - but so are today's threats, says Vishal Salvi, CISO of HDFC Bank, discussing the challenges of meeting the Reserve Bank of India's new information security standards.
Give a man a fish, you feed him for today, the proverb says. Teach a man to fish; and you feed him for a lifetime. That adage can be applied to information security, as well.
Former FDIC head Bill Isaac says U.S. banks have strengthened their financial footing since the market collapse of 2008, but the U.S. economy remains on the verge of a "double-dip" recession. The reason: poorly planned regulatory reforms.
As the use of mobile banking grows, banks and credit unions also should take steps to educate their customers and members about safe e-banking practices.
When it comes to banning the use of social media in the workplace, Jenny Corotis Barnes, assistant general counsel at Ohio State University Medical Center, has a strong opinion: Forget about it.
When it comes to banning the use of social media in the workplace, Jenny Corotis Barnes, assistant general counsel at Ohio State University Medical Center, has a strong opinion: Forget about it.
Four banks were closed by state and federal banking regulators on Friday, Aug. 19. These latest failures bring the year's tally to 84 failed banks and credit unions so far in 2011.
As banks and credit unions assess online risk, in light of the updated guidance from the FFIEC, financial fraud analyst Tom Wills says they should consider mobile as a viable layer for out-of-band authentication.
We're pleased that two members of Congress have asked the Government Accountability Office to study whether federal regulators are adequately addressing the security risks involved in using wireless medical devices.
"The more that you could focus in on computer science topics, to understand programming, network-based technology and mobile-based technology, the better off you're going to be," says Rob Lee of SANS Institute.
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