I was stunned and saddened to learn of the sudden death of David Taylor, one of the most prominent thought-leaders on the Payment Card System Data Security Standard (PCI).
"Give us your broke, your desperate, your unemployed." This is the tacit plea from fraudsters seeking to lure new "money mules" to enable their money-laundering schemes.
And the recruitment effort is working to the point that the Federal Deposit Insurance Corporation (FDIC) last week issued an alert to financial...
Chase Bank customers in the New York metro area have been receiving bogus text messages claiming to be from the bank, asking for account information. A local New York television station reported the phishing attack last week, claiming that "tens of millions of dollars" have already been stolen by fraudsters.
We all can see the technological and market forces converging to necessitate and enable electronic healthcare records.
But how does this transition impact privacy and compliance within an organization? What are the ramifications for IT and security departments?
Kim Singletary, Solutions Marketing for McAfee,...
Quick heads-up to those of you who will be in the Boston area this week: The BAI Retail Delivery Conference & Expo starts Tuesday at the Boston Convention & Exhibition Center. I'll be in attendance on Weds and Thurs, and I'd welcome the opportunity to meet you.
Nine banks owned by FBOP Corporation were closed by regulators on Friday, Oct. 30, and their assets all acquired by U.S. Bank, NA, of Minneapolis, Minnesota.
This mass closure raises to 134 - 115 banks and 19 credit unions - the number of failed institutions so far in 2009.
A computer technician has been indicted in New York Supreme Court, charged with stealing the identities of more than 150 Bank of New York Mellon employees and using them to steal more than $1.1 million from charities, non-profit groups and other entities.
Adeniyi Adeyemi, a 27-year-old man from Brooklyn, was...
Just how good are you at getting the word out on phishing attempts against your institution?
The FDIC's alert this week is a great example of what needs to be told to customers.
One of the pleasures of my job is that I get to talk to a lot of people. Bankers, regulators, analysts, security professionals. I enjoy the privilege of speaking to a broad range of thought-leaders and tapping into their insights into the challenges and opportunities of the world today.
And then, through the magic of...
The National Credit Union Administration (NCUA) board has voted to begin repaying through a special assessment the $310 million it borrowed from the Treasury department for corporate credit union stabilization.
DHS says the department is taking multiple paths to assure the protection of critical IT systems run by industry, such as those used by banks, energy companies and utilities.
So, how many banking institutions have failed in 2009?
If you pay attention to the popular news media, then your answer is 106. And you'd be partially right. That is the number of FDIC-insured banks to have failed this year - the most in any year since about two President Bushes ago.
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