Two high-profile announcements of penalties for HIPAA privacy rule violations last week came as good news for those of us who've been waiting for enforcement efforts to ramp up.
Homeland Security's U.S. Citizenship and Immigration Services IT systems are vulnerable to insider threats, according to a report by the Insider Threat Center at CERT, part of the Software Engineering Institute at Carnegie Mellon University.
Physicians adopting electronic health records systems need to demonstrate to their patients that they're taking adequate steps to keep records secure because so many consumers are worried about health information privacy.
Once a CEO understands the value and risks catered through mobile functionality, it is easier to discuss mobile innovations, policy and how the company can then strike a balance to meet customer and employee requirements.
The survey of local, state and federal IT security practitioners also shows a lack of faith in secure cloud computing. Half see insider threats and poor practices as their agencies' greatest vulnerabilities.
Consumer fraud trends suggest banking institutions will lead the fight against ID fraud, and international regulators are taking closer looks cross-border payments and money laundering.
Consumer fraud trends suggest banking institutions will lead the fight against ID fraud, and international regulators are taking closer looks cross-border payments and money laundering.
"I'm not sure there is a way to protect a customer if their actions put their network at risk," says the president of a bank victimized by corporate account takeover.
Cyberthreats stem from the malware, but monetary losses stem from money mules. I've decided to coin a new term: eFraud. I cannot think of a better way to describe the wave of fraud incidents the financial industry is facing. It's electronic.
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