"The lack of individual accountability over user accounts provides ample opportunities to conceal malicious activity such as theft or misuse of veteran data," VA Assistant Inspector General Belinda Finn says.
Scott Laliberte, managing director of Protiviti, wrote the book on penetration testing, and he has strong feelings about what organizations are doing right and wrong when assessing their information security risks today.
Despite previously announced plans to appeal last month's ruling in the ACH fraud lawsuit filed by Experi-Metal Inc., Comerica Bank now says it has resolved to pay the $560,000 in damages and close the case.
DOD's ability to develop an overarching budget estimate for full-spectrum, cyberspace operations has been challenged by the absence of clear, agreed-upon departmentwide budget definitions, GAO auditors tell the House Armed Services Committee.
Corporate account takeover events are reigniting the debate between banks and their former commercial customers, about everything from fraud liability and the "good faith" standard to commercially reasonable security.
With the issuance of the final FFIEC Authentication Guidance, institutions need to start moving forward on conformance, and taking a risk-focused approach is the first step, says Matthew Speare, SVP of IT for M&T Bank Corp.
The fight against cyberattacks is a top priority for financial institutions, and industry insiders are optimistic about President Obama's plan to thwart cyberattacks that lead to corporate account takeover and other forms of fraud.
Oregon Chief Information Security Officer Theresa Masse finds herself at the center of a state initiative to simplify compliance by agencies with Internal Revenue Service rules to safeguard taxpayer data.
Two electronic health records pioneers that already have earned federal EHR incentive payments stress that a robust risk management program should be an essential component of any movement from paper to electronic records.
The Fed's ruling on interchange, mandated by the Durbin amendment, offers financial incentives for fraud-prevention investments and could fuel a U.S. move toward new card-payment technologies, like EMV.