A second California state agency has launched an investigation into insurer Health Net's recent information breach incident that may have affected 1.9 million individuals nationwide.
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.
Australia's government agencies can learn a lot from the nation's banks, when it comes to risk management and protecting privacy, says Graham Ingram, General Manager of the Australian Computer Emergency Response Team. "There are too many people in government organisations who are in denial [of risks]," he says.
Insurer Health Net is notifying 1.9 million individuals that their healthcare and personal information may have been breached as a result of nine server drives missing from a California data center managed by IBM.
Roundup of news and insights from the National HIPAA Summit, including the announcement that state attorneys general soon will receive training on how to file federal civil lawsuits for HIPAA violations.
Banking/security leaders aren't crazy about banking regulators telling them they could have done a better job detecting ACH fraud, and they're eager for more specific guidance on what to do going forward.
The average cost of a data breach increased 5 percent in 2010 to $214 per compromised record, according to the sixth annual "U.S. Cost of a Data Breach" study by the Ponemon Institute.
Recent incidents of corporate account takeover have pushed regulators, associations and practitioners to call for greater awareness and more collaboration between commercial customers and banks. But is there an ROI to enhanced awareness?
A recent healthcare information breach incident involving Blue Cross and Blue Shield of Florida offers a reminder that even routine tasks, like addressing mail, can trigger a security incident.
Some 300,000 clients of the Cord Blood Registry, a stem cell bank, have been notified of a personal information breach involving stolen unencrypted backup tapes.
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