Credit and debit cards are everywhere. I use mine daily, and I suspect many functioning adults in the U.S. and beyond do as well. For me, convenience is a major factor in their use - instead of carrying around wads of cash, I can carry a single piece of plastic and use it to accomplish the same goal -- buy things. ...
Years ago, when I learned to drive and got my first cars, my approach to automobile maintenance was: If the "Check Engine" light came on, keep driving. Whatever the problem is, I'll drive out of it.
I see a disturbingly similar pattern now in the banking industry.
Jobs in information security -- including architects, analysts and administrators with hot skills and competencies -- are among the IT opportunities offering the most employment security in the current economy.
This is the news from Foote Partners, LLC, a Florida-based research consultancy that focuses on IT...
The economy has been down, but job opportunities are up for information security professionals with the right skills.
This is the posture of David Foote, CEO and chief research officer of Foote Partners, an IT workforce research firm.
The news story going around about the couple that was granted permission to sue their bank because of lackluster security measures interests me in a few different ways.
There have been 356 data breaches so far in 2009, according to the Identity Theft Resource Center (ITRC). And 46 of those breaches have involved financial institutions - up from 34 at this same time last year.
In reviewing these 46 incidents (see interactive map w/details of each breach), one finds goods news and...
I got a call recently from a friend of mine (let's call her Sally) who is a fraud expert in the financial services industry. She had just heard from her bank, US Bank, asking if she'd been to Orlando recently. She responded no, she hadn't (It is never a good thing when your bank asks if you've been somewhere you...
Each time we see a major data breach related to payment card data, the breached entity says 'Gee, well we were told we were PCI compliant - how could this happen?'
If there's one thing I've learned about information security professionals, it's that they come in multiple flavors.
Yet, increasingly today, you want people who can run security like a business, feel comfortable in maintaining a seat at the table and are willing to work with changing governance
Advice for those banking institutions still weighing whether to get into the mobile game: Do it. Now.
There are new customers and deposits to gain via mobile, say industry observers. And an added bonus: Mobile customers can prove more profitable than traditional bank customers. These are just two of the trends...
Looking for summer reading?
Just finished a new book, "Late Edition," by one of my favorite writers, Bob Greene. This is a touching, often funny memoir of Greene's days as a newspaper rookie in Columbus, Ohio in the 1960s.
How strongly do consumers embrace electronic bill payments, and do they really want mobile banking as much as industry analysts say they do?
These were the questions on Dennis Simmons' mind when his trade organization, SWACHA, the electronics payments resource, launched a recent survey on consumer usage of...
The Heartland Payment Systems (HPY) data breach came as an unpleasant surprise to many financial institutions and their customers in early 2009. What are the threats we should eye as we look ahead to 2010?
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