What fraud and security issues does Paul Smocer, the new president of BITS, see as being top concerns in the coming year? Mobile payments, social media, and a strong need for institutions and organizations to comply with existing guidance top the list.
No one is really sure when the FFIEC's new authentication guidance will be issued, but we do know banking institutions can't afford to wait. Hence, our new FFIEC Authentication Guidance Resource Center.
Privacy Attorney Lisa Sotto says the Epsilon e-mail breach is a warning about the state of data security employed by some third-party service providers. Strong contracts related to security practices must be the norm, not the exception.
Fraud attempts will escalate, not diminish, as new threats and channels blossom in 2011. Growth in mobile banking and the use of social networks are expected to pose new security challenges, experts say.
2010 is the Chinese year of the tiger - a fitting image for banking/security leaders that must be vigilant against the information security threats that challenge financial institutions and their customers.
To prepare for this New Year, we've prepared a Banking/Security Agenda that looks at fraud, regulatory...
The economy is down, phishing is up, and banking customers are increasingly targeted by multi-channel fraud schemes. Now, more than ever, customer awareness efforts are key for banking/security professionals.
Bank mergers and failures. Market fluctuations. Looming layoffs. The new administration and the changes it will bring to financial services regulation.
There is much in the news these days for financial institutions - and their customers - to consider. But at a time when consumer confidence in banking is at a...
Social engineering is the ultimate con - the bag of tricks employed by fraudsters who will lie, cheat and steal their way past your organization's security controls. Their goals: theft, fraud or espionage. Your best line of defense: Your people.
Fraud incidents are on the rise - especially in financial services and...