Occupational fraud is quite possibly the largest form of fraud, says John Warren of the ACFE. So how can organizations spot the potential fraudsters and prevent their crimes? Warren shares insights.
The FTC claims hackers targeted the Wyndham hotel chain's network and exported debit and credit data to a domain in Russia. What do the breaches mean for card issuers, and what action should they take?
For United Bank & Trust, cost, efficiency and customer adoption were big considerations when it came to FFIEC conformance. How did this $1 billion institution determine the best authentication option?
In separate court cases, ATM skimming fraudsters who defrauded hundreds of Chase Bank customers have pleaded guilty. Two of the defendants have been sentenced; three more await their fates.
Banks and credit unions are investing in enhanced fraud detection, but are they spending money on the right things? The new Faces of Fraud survey report shows too many are still confused by updated FFIEC demands.
Banks and credit unions say they are investing in enhanced fraud detection, monitoring systems and education. What other anti-fraud investments top their lists? See what our 2012 Faces of Fraud Survey revealed.
The out-of-court settlement reached in a dispute between Village View Escrow and Professional Business Bank shows it's getting more difficult for banks to avoid liability, experts say.
Online banking attacks are up, but financial losses linked to account takeovers are down. What does this shift say about the future of fighting ACH/wire fraud? The FS-ISAC's Bill Nelson weighs in.
A lingering legal dispute over a corporate account takeover incident at escrow company Village View has finally come to a close. Find out more about the details of the case and the settlement.
A woman who pleaded guilty to conspiracy to commit bank fraud for her role in an ATM skimming case that targeted more than 500 bank accounts has been sentenced. How much prison time did she receive?
Howard Schmidt takes exception with aspects of our blog that addresses his position in the White House hierarchy and relationship with agencies' chief information security officers. Here's his response.
A new survey from FS-ISAC and the ABA finds financial losses linked to ACH fraud are decreasing. What are banks doing differently, and what technology investments are reaping the most rewards?
The Global Payments data breach has expanded, and now may include the exposure of personal data linked to merchant applicants. But what does this latest news mean? Industry experts offer insights.
Global Payments Inc., the breached payments processor, now says the scope of its self-discovered data breach may be broader than initially reported and involve personal data collected from merchant customers.
Federal authorities have charged a Dutch hacker for the role he played in an elaborate scheme that targeted POS systems and networks to steal credit card details that were later sold on websites for fraudulent purposes.
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