If 2007 is any indication, then 2008 is going to be a wild year for financial institutions facing a slew of risk management issues.
Hanging like the sword of Damocles above all is the subprime mortgage crisis, which sees institutions looking for ways to avoid foreclosures and challenges surrounding underwriting....
It was a banner year for information security incidents, which proved to be indiscriminate. No national boundary, employee group or trusted service provider is exempt. And no breach is worth its cost in damages, reparations and loss of reputation. From these incidents, we draw 10 lessons learned to guide financial...
FIELD: I wanted to talk to you from the consumer's perspective. What are you seeing as the biggest areas of concern right now regarding identity theft?
BRODER: Well, I think consumers are always concerned about their privacy and running the risk that someone else will get hold of their information and will...
Mari Frank was an Identity Theft victim before most people even knew what Identity Theft was.
Read her personal story to see how she discovered the crime against her, ways she fought back, advice for consumers, and how she's become a nationally-known leader in the battle against Identity Theft.
The TJX data breach. The Bank of India hack. The San Diego County wildfires. It's been a year full of memorable disasters - and some notable recoveries and regulations, too.
As we reflect on the biggest stories of 2007, it's clear that bad news was big. Some of our most popular stories were about Commerce Bank,...
Rebecca Herold, privacy expert
Many different types of privacy breaches continue to plague organizations and their third-party service providers. Hear Rebecca Herold discuss:
Data breach response plans â€“ where are the holes?
Notification plans (or lack thereof)
How to involve and ensure the security...
Betsy Broder, Assistant Director in the Federal Trade Commission's Division of Privacy and Identity Protection, discusses Identity Theft from a consumer's perspective, including:
The biggest areas of concern for consumers re: ID Theft
The state of consumer awareness
Fundamental best-practices to fight ID...
Matthew Speare, Senior Vice President of Information Technology, M & T Bank Corporation, discusses the practical application of computer forensics in banking institutions, including:
How forensics has made a difference at his institution
How to establish your own forensics program
Advice for banking executives...
What happens to the victims of identity theft?
What becomes of these people who turn to their financial institution â€“ who want only to talk to someone who understands what they are going through and can help them fix the problem?
Thatâ€™s where the Identity Theft Assistance Center steps in.
Philip Alexander, Information Security Officer at a Major US Financial Institution
Philip Alexander hasnâ€™t just studied data breach disclosure laws and their subtle differences state-by-state â€“ heâ€™s written the book on the topic (Data Breach Disclosure Laws â€“ a State by State...