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.
How will the Payment Card Industry Data Security Standard (PCI DSS) be amended, and when? These are the key questions in payments security, and Bob Russo, GM of the PCI Security Standards Council, is prepared to start answering them.
Financial institutions should take this week, National Consumer Protection Week, and make every day one to protect their customers from the scammers, phishers, hackers, and downright evil doers who reside in the underbelly of society.
Steve Elefant, CIO, Heartland Payment Systems
One theme repeated by every major Obama administration officials speaking RSA Conference 2010, the IT security conference held in early March in San Francisco, was the need for the government and business to work together to protect the nation's critical IT...
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...
What must financial institutions do to improve security education?
Identity theft expert Robert Siciliano shares his thoughts on the need to change the mindset of financial institutions when it comes to educating their customers about identity theft and security issues. Among the topics he discusses:
C. Warren Axelrod is a veteran banking/security executive and thought-leader, and in an exclusive interview at the RSA Conference 2010 he discusses top security trends and threats, including:
Axelrod is currently executive advisor for the Financial...