A new impersonation scheme is taking aim at business executives to perpetuate ACH and wire fraud, says Bank of the West's David Pollino, who explains steps institutions should take now to protect their customers.
The 9/11 Commission, in its 10th anniversary report, cautions Americans and the U.S. government to treat cyberthreats more seriously than they did terrorist threats in the days and weeks before Sept. 11, 2001.
New research shows consumers believe online purchases are more secure than those made at bricks-and-mortar retailers. Researcher Shirley Inscoe of Aite explains why misconceptions about card fraud should be worrisome to banks.
"United we stand; divided we fall." That's the message from Art Coviello to kick off the 2014 RSA Conference Asia Pacific & Japan in Singapore. What advice does the RSA chair offer to global security leaders?
A security expert and average consumers respond differently to the eBay breach. As most customers retain a high degree of faith in online merchant security, the expert believes eBay committed a serious sin in its lack of strong authentication.
The OCC says cyberthreats against the U.S. financial infrastructure are growing, and financial fraud should not necessarily be banking institutions' top concern. Learn more about the latest OCC report.
Could too much regulatory oversight hinder cyberthreat information sharing, rather than encourage it? That's an increasing concern for bankers, who argue regulators could bog down progress in cybersecurity.
Tim Pawlenty, CEO of the Financial Services Roundtable, says the only way to ensure adequate cyberthreat information sharing is through federal legislation that would furnish liability protection and other incentives.
Recognizing the security workforce shortage is one thing. Addressing it is quite another. What will it take to truly grow the workforce? Diana Burley of The George Washington University shares her vision.
Banking institutions must improve how they analyze cyber-threat intelligence. But without better tools, security leaders can't adequately anticipate new attacks, says Greg Garcia, the new executive director of the FSSCC.