Banks and the U.S. payments infrastructure are prime targets for international cyberattacks. And it's not just money hackers are after, says Bill Wansley of Booz Allen Hamilton. What else is at risk?
In the wake of recent merchant breaches, a new PCI training program aims to enhance point-of-sale security. Which payment card risks does this program address? PCI Council chair Bob Russo explains.
COBIT 5 for Information Security comes at a time when the IT threat landscape is changing drastically. ISACA's Robert Stroud explains how organizations can use the framework to mitigate the risks.
U.S. banks are well-aware of the fraud vulnerabilities magnetic-stripe cards pose, yet few have made moves toward chip technology. The time for stalling is over.
Heartland Payment Systems, which suffered a massive breach in 2009, is working to enhance POS security at the merchant level. What steps is this processor taking, and what role would it like to see card-issuing banks play?
The message from N.Y. officials who say Standard Chartered Bank handled more than $250 billion in illegal transactions: Banking institutions better double-check their anti-money-laundering controls.
Now that Congress has failed to enact significant cybersecurity legislation, President Obama needs to find new ways to secure key government and business IT systems, says Melissa Hathaway, a former top White House cybersecurity adviser.
Associated Bank, which has more than 250 locations in three states, is addressing BSA compliance and money-laundering detection at the enterprise level. How could that approach also help the bank improve fraud detection?
"We find it hard to believe that there are any reasons or basis to oppose this legislation," presidential counterterrorism adviser John Brennan says of the Cybersecurity Act of 2012. "I'm just very puzzled as to why individuals would oppose this."
The Cybersecurity Act of 2012 is finally coming up for debate on the Senate floor, and a number of senators say they'll introduce amendments to tweak the bill to their liking.
Security personnel should be required to prove not only that they know how to do things right, but also that they know how to do the right thing. They must demonstrate commitment to ethical behavior.
In the latest update, much was left unsaid about the Global Payments data breach. And if I were a Global customer or card-issuing entity, I'd have some serious follow-up questions.
Global Payments this week plans to provide updates about the systems breach that it discovered in March. Learn about the details, including the potential financial impact, that the processor plans to share.
Debate surrounding the Cybersecurity Act has focused on whether the government should regulate privately owned, critical IT systems. But the bill also would make significant changes on how government governs IT security, co-sponsor Sen. Tom Carper says. See how.
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