When breaches result from retailers' lax security practices, merchants should be obligated to help banking institutions cover fraud losses and other post-breach expenses, says Viveca Ware of the Independent Community Bankers of America.
Covered entities and business associates will be under heightened data privacy and security scrutiny in 2014. But experts say there are several basic steps those organizations can take to ensure HIPAA compliance.
As the U.S. federal government tightens procedures to prevent Edward Snowden-type insider leaks, agency leaders are discovering that implementing well-thought-out plans isn't easy.
As Congressional leaders look for answers about why U.S. card security is failing, there hasn't been enough discussion surround why EMV can't easily fix our system. And the card brands have been conspicuously absent from the debate.
Days before the release of the Obama administration's cybersecurity framework, Senate Republicans issued a report detailing vulnerabilities in federal IT, suggesting the White House get its own house in order.
The latest data breach notification bill comes from the Senate Commerce Committee, whose chairman Jay Rockefeller says the recent string of retailer breaches means companies need to do a better job protecting their customers' information.
Several payment system experts testifying at a Senate hearing on Feb. 3 urged the adoption of chip card technology in the wake of breaches at Target Corp. and Neiman Marcus. But representatives of banking and retailing engaged in some finger-pointing.
The PCI Security Standards Council has no plans to modify its standards for payment card data security in response to high-profile payment card breaches at Target and Neiman Marcus, says Bob Russo, the council's general manager.
The virtual silence on cybersecurity in President Obama's State of the Union address shouldn't be construed as a lack of commitment by the administration on information security, a White House spokeswoman says.
Representatives of the American Bankers Association, the National Retail Federation and the PCI Security Standards Council are among those slated to testify at a Feb. 3 Senate hearing on safeguarding consumers' financial data.
The weekly DDoS attacks on U.S. banks taught us a few important lessons including expect the unexpected. Attacks are bigger and smarter than ever before. And while the daily deluge might be a thing of the past, the impact remains.
Join this panel of DDoS experts, including the VP from a major US financial...
In light of recent high-profile retail breaches, The Financial Services Roundtable is asking Congress to pass a national data breach notification law and expand oversight of the retail and telecommunications sectors.
A stolen unencrypted laptop recently led to one of the largest health data breaches ever reported in Canada, a nation that lacks federal notification guidelines. Find out how many individuals were affected.
With seemingly adversarial requirements for increased access and providing appropriate security, healthcare IT leaders are facing growing and emergent challenges. Providers, employees, visitors, patients - all want access to more and more information from any device of their choosing.
These market forces present...
A recent spike in major health data breaches added to the Department of Health and Human Service's "wall of shame" website brings the total tally to 804 incidents. What's behind the upswing?
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