A cyber security advisory issued last Friday from government and private security groups highlights the growing threat of fraudulent wire transfers from businesses and government entities to overseas hackers.
Interview with Terry Austin, CEO of Guardian Analytics
Recent ACH fraud schemes aren't just siphoning money from business banking accounts - they're eroding the trust relationship between small-to-midsize businesses and their banking institutions.
This is the main finding of the new 2010 Business Banking Trust...
When it comes to protecting your organization and your customers from a data breach, what is considered "reasonable security?"
This question is at the center of several ongoing lawsuits, and how the courts answer it may be one of the biggest stories of 2010.
Shedding light on this hot topic is David Navetta,...
At first this court case was a curiosity: Experi-Metal Inc. (EMI), a Michigan-based metal supply company, sued Comerica Bank, claiming that the bank exposed its customers to phishing attacks.
But now this story shapes up as a significant test case for the banking industry, raising several key questions that must be...
An Atlanta-based security research firm has discovered a new banking Trojan that can be added to the growing list of malware targeting ACH and wire payments.
The Counter Threat Unit at SecureWorks is calling this new malware "Bugat," and it is capable of capturing information entered in web forms, altering the...
What are the top fraud trends facing financial institutions in 2010?
Gartner's Avivah Litan shares her insights in an exclusive interview with Information Security Media Group's Linda McGlasson, discussing:
Increased number of attacks on strong authentication;
How to handle ACH fraud;
The biggest security...