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Feds Prompted to Aid Private-Sector Cybersecurity
Sifting Through Guidance for America's Critical IT InfrastructureGiven the plethora of guidance available, individual operators of the nation's critical infrastructure may be challenged in identifying...
View ArticlePrivacy Laws: 'Find the Commonalities'
Global organizations easily can be confused by the myriad privacy laws in different regions of the world. But U.S. privacy attorney Miriam Wugmeister has advice to help navigate these tricky waters.
View ArticleFFIEC: FAQs on Interest Rate Risk Management
The Federal Financial Institutions Examination Council released answers to Frequently Asked Questions (FAQs) about the January 2010 advisory on Interest Rate Risk Management.
View ArticleInsiders: Security Risk No. 1
Banks Are Failing at Setting Internal Risk ControlsThe insider poses one of the greatest and most damaging security risks any organization faces. So why do so many businesses and institutions fail when...
View ArticleSecurity Shouldn't Be an Afterthought
Defining the Federal Mobile StrategySteven VanRoekel says the mobile revolution will fundamentally change the way the federal government serves the public and its employees. But in outlining the...
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Ensuring Online Banking Security
Phishing Attacks Target Chase and Barclays AccountsCyberhackers are increasing their efforts to target online credentials. And phishing attacks waged against accountholders at Chase in the U.S. and...
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ATM Fraud Prompts Text Alerts
Singapore Bank Launches Mobile Alerts After $1 Million in LossesU.S. and European institutions can learn from DBS Bank's example. In response to a rash of fraudulent withdrawals that cost...
View ArticleNo Gambling on Security
When your site processes more transactions annually than the London Stock Exchange, you'd better care deeply about breach prevention, says Ion Ionescu, Head of Threat Management at Betfair.
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Zappos Breach Affects 24 Million
Customers Urged to Reset Passwords, Monitor for PhishingOnline shoe and clothing retailer Zappos.com has issued an e-mail alert to more than 24 million customers regarding a newly-discovered data...
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Middle East Cyberwar Heats Up
Arab, Israeli Hackers Trade AttacksA group of Saudi Arabian hackers, identified as "Nightmare," conducted distributed denial-of-service attacks Jan. 16 against the Tel Aviv Stock Exchange and El Al,...
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Symantec: Breach Led to Source Code Leak
Hackers Back Off Threat to Reveal Code, for NowSymantec reportedly said a 2006 breach led to the theft of the source code to its flagship Norton security software, reversing its previous position that...
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Fraud: The Victim's Perspective
Banks Must Be Experts in Fraud PreventionImproved collaboration and communication between small businesses and financial institutions is the first step toward improving online security, says Mark...
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2012: Year of the Skimmer
Fraud Losses to Increase; Mag-Stripe Vulnerabilities to BlameSkimming is a global epidemic, experts say, and global fraud losses linked to skimming will grow in 2012. So how will retailers and...
View ArticleFDIC: Final Rule Requiring Resolution Plans for Insured Depository...
The FDIC approved a final rule requiring an insured depository institution with $50 billion or more in total assets to submit to the FDIC periodic contingency plans for resolution in the event of the...
View ArticleOCC: Acting Comptroller of the Currency Testimony on Volcker Rule
Acting Comptroller of the Currency John Walsh testified before a joint hearing of two House Financial Services subcommittees on Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection...
View ArticleFDIC: Notice of Proposed Rulemaking on Stress Testing Regulation for Large Banks
The FDIC approved a notice of proposed rulemaking that would require certain large insured depository institutions to conduct annual capital-adequacy stress tests.
View ArticleHow to Identify the Insider Threat
Security managers need the heads up from non-IT executives before they dismiss employees, some of whom might seek payback for their sacking by pilfering data or sabotaging systems, Carnegie Mellon...
View ArticleZappos Breach Notice: Lessons Learned
Zappos was quick to communicate after discovering a data breach impacting 24 million customers. But did the online retailer respond appropriately, or make some missteps in its haste to notify?...
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Zappos Sued Over Data Breach
Class-Action Suit Argues Data Not SafeguardedZappos.com and its parent company Amazon.com face a class action lawsuit stemming from a recent data breach that affected more than 24 million customers.
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Hackers Target DoJ, FBI Websites
Anonymous Angered over Arrests of Megaupload.com LeadersThe hacker group Anonymous claims it's responsible for denial of service attacks on U.S. Justice Department websites after federal authorities...
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