The Democratic Party platform on cybersecurity suggests that President Obama will take unilateral action to safeguard the nation's critical IT infrastructure because of Congress' inability to enact comprehensive cybersecurity legislation.
Cyber is part of our everyday lives. Still, in many cases, a natural - or perhaps an unnatural - divide exists between the virtual and physical worlds. This is especially true in the way we deal with crime.
The only way to put a dent in financial fraud and cybercrime is through aggressive prosecution and tough sentences for the guilty. That's why a sentencing last week in the RBS WorldPay case is disappointing.
Anti-money-laundering experts say Standard Chartered Bank's settlement with a regulator is a wake-up call for banks. Could more state regulators impose penalties for records tied to foreign transactions?
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?