So-called patent trolling is getting attention from banking leaders and the White House. As patent attorney James Denaro points out: "Essentially every single financial institution is at risk of being accused of infringement."
Advanced threats and mobile security were the buzzwords of the Gartner Security & Risk Management Summit. What new insights did thought-leaders share, and how can they reshape our security posture?
The OCC's DDoS risk warnings to community banks may indicate more regulatory scrutiny is on the way. Banks should prepare for more oversight of their cyber-attack reporting and threat mitigation practices.
How are banking institutions responding to today's fraud threats, and what strides have they made to mitigate their risks? The 2013 Faces of Fraud Survey aims to answer those questions and more.
Another organized cyber-attack and subsequent cash-out scheme illustrates increasing risks to the U.S. payments chain. One fraud expert says this trend "is of grave concern" for banking institutions and their accountholders.
Financial fraud expert Joe Rogalski explains why card issuers are ultimately responsible for losses linked to ATM cash-out schemes, like the $45 million worldwide cyberheist that made headlines last month.
Collecting massive amounts of data on individuals, whether in the government or private sector, has become the norm in our society. It's not quite Orwellian, but it's a situation we might have to learn to live with.
As they develop mitigation strategies, organizations must keep in mind that all cyber-attacks, ranging from DDoS to phishing, ultimately aim to compromise data - and they virtually all are advanced and persistent.
Collaboration among public and private entities is a tough sell in any marketplace. But in Asia, the challenges are unique. Here are examples of how Asian entities are fostering information sharing.
What can U.S. and European organizations learn from Asia-Pac about advanced mobile tech and increasing cyberthreats? That's a question I hope to answer while in Singapore for RSA Conference Asia Pacific 2013.
When President Obama comes face to face with China's President Xi Jinping, don't expect the American commander in chief to present an ultimatum over Chinese cybersecurity assaults on critical U.S. IT systems.
Authorities have shuttered a digital currency service allegedly used to launder funds stolen in a $45 million ATM cash-out scheme exposed earlier this month. Learn why experts say lax laws paved the way for the fraud.
The FDIC, in a notice to consumers, highlights questions that customers should be asking banks about DDoS attacks. But is the notice an indicator that more regulatory oversight is ahead?
One banking association is lobbying to have merchants held more accountable for attacks against their networks and systems that breach card data. But will their efforts convince Congress?
In this exclusive interview, Tim Horton of First Data explains how the nation's largest credit card processor is helping financial institutions and merchants mitigate risks posed by malware and DDoS attacks.
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