The NIST cybersecurity framework will help U.S. banking institutions assess their security strategies, but some institutions fear the framework could trigger unnecessary regulations, says Bill Stewart of Booz Allen Hamilton.
The theft of 2 million credentials reminds security professionals that their organizations are at risk because many employees use the same passwords and devices for personal and business purposes, data security lawyer Ronald Raether says.
You can be outraged that the NSA collects Internet communications records of U.S. citizens. But don't be surprised, says sociologist William Staples. This is just one example of our "culture of surveillance."
ATM skimming attacks, and subsequent fraud losses, are increasing, even in European markets where EMV chip cards are the standard. Learn why some experts predict a continued surge in skimming in the months to come.
In the wake of a surge of lawsuits, bipartisan Congressional support is building for a measure designed to help protect banking institutions from frivolous patent infringement claims, says NAFCU's Brad Thaler.
Federal investigators announced five more arrests this week in connection with a $45 million ATM cash-out and prepaid card fraud scheme. Learn why experts expect these types of crimes to become even more common.
Figuring out how Edward Snowden breached NSA computers is sort of like solving a puzzle. Take public information and match it with an understanding of how organizations get hacked, and the pieces seem to fall into place.
Attorneys discuss the significance of the 10-year prison sentence for hacker Jeremy Hammond, who pleaded guilty in connection with a 2011 breach of Stratfor, a global intelligence firm that provides services to the U.S. government.
U.S. Attorney Steve Wiggington says identity theft, especially linked to card skimming, is still the No. 1 fraud threat facing financial services institutions as well as consumers. He stresses information sharing is critical for fighting fraud.
The breach of a card loyalty marketing company has reignited discussions about the roles banking institutions, regulators and others play when it comes to mitigating third-party risks. Where should the buck stop?