EastNets' Paul Buelens says fraud-fighting is an international concern, as old schemes abound and new threats emerge. Fraud risks are some of the most challenging banks have ever faced.
"More and more consumers are using PIN debit at the pumps, so this makes for a rich harvest for the criminals," says John Buzzard of FICO's Card Alert Service.
"Today's risk management professionals really need to take a strategic view of managing risk to be relevant in achieving the organization's expected outcome," says Philip Alexander of Wells Fargo Bank.
Speculation about the pending update to online authentication guidance has been circulating around water coolers for months now. "A [disclosure] like this could make it more challenging for the regulators," says attorney David Navetta.
2011 is the 20th anniversary of the RSA Conference, and the theme is "Giants Among Us," celebrating the luminaries who founded information security.
Here at ISMG, we've been around for about one-quarter of RSA's annual events, and we easily could declare 2011's theme as "Giant Challenges to Tackle." From the...
When a database breach occurs, consumer notification continues to be a public problem, and it's time for the federal government to step in, says Linda Foley, co-founder of the non-profit Identity Theft Resource Center.
"Many institutions only know about fraud when they get notified by the customer, and that is not indicative of an industry that is really trying to address the problem." George Tubin, TowerGroup
How should the United States respond as global competitors expand their influence over the Internet and build cyber capabilities? An analysis of the Internet in 2020 shows that the United States must develop a strategy that focuses on more than technology to retain its cyberpower status. Read this white paper and...
The Avalanche crime group, the world's most prolific phishing gang, has moved from using conventional phishing to solely propagating Zeus, the most famous and stealthy password-stealing malware, say security researchers in a new report.
Good start, but we've still got a long way to go. This statement sums up industry experts' reactions to the two cyber fraud advisories issued this week to help organizations prevent ACH fraud and other crimes.
Two weeks after authorities on two continents arrested cyber criminals linked to the Zeus malware, Microsoft has added the infamous Trojan's signature to one of its best removal tools in an effort to hunt down infected machines.
Anne Wallace, president of the Identity Theft Assistance Center, says financial institutions must implement best practices to protect their customers' identities.
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