The Latest News

  • Anonymous Attacks Citi

    DDoS Hit on Citi One of Many Aimed at Global Banking Websites Anonymous Attacks Citi

    Citigroup has confirmed its consumer banking sites were temporarily offline Friday because of what a bank spokesman referred to as temporary outages. Hackers with Anonymous have claimed to be behind the attacks. Read more...

  • Fighting Fraud: 5 Key Concerns

    New Risks Make Cross-Channel Fraud Prevention a Priority Fighting Fraud: 5 Key Concerns

    Alisdair Faulkner of ThreatMetrix says financial institutions and businesses should focus on five key security areas. What make up the top five, and where do banks need to make the greatest fraud-prevention investments? Read more...

  • New Guidance on Payments Processing

    FDIC Stresses Due Diligence, Transaction Monitoring New Guidance on Payments Processing

    The FDIC has issued revised guidance describing potential risks associated with relationships to third-party payment processors. What are regulators' new risk-management expectations of banks? Read more...

  • Mobile Banking: Guidance Coming?

    As Mobile Adoption Grows, So Could Regulatory Action Mobile Banking: Guidance Coming?

    Regulators have hinted at it, and industry experts say it's coming. U.S. banking institutions can expect to see new guidance for mobile banking. The open questions are: When, and in what form? Read more...

  • Symantec: Malware Pushed onto Androids

    Downloads Raise Concerns for Organizations that Adopt BYOD Symantec: Malware Pushed onto Androids

    IT security provider Symantec says it identified multiple publisher identifications on the Android Market that are being used to push out Android.Counterclank, which it characterizes as a bot-like threat that can receive commands to carry out certain actions, as well as steal information from the device. Read more...

  • Article

    Banking Malware Finds New Weakness

    Ice IX Steals Phone Numbers to Compromise Accounts By Tracy Kitten
    Banking Malware Finds New Weakness

    "The misfortune here for the banks is that they can have the best fraud-detection systems out there ... but it all breaks down when they call the 'hacker' to verify the transaction," says Gartner's Avivah Litan.

  • Article

    Risk Management Requires Innovation

    Part 2: Professionals Thinking Outside of the Box By Jeffrey Roman
    Risk Management Requires Innovation

    Risk-management professionals must think outside of the box in terms of innovation, research and development and partnerships.

  • Article

    Verisign Breached Several Times in 2010

    Company: Data Accessed, But Net Root Name Servers Unaffected By Eric Chabrow
    Verisign Breached Several Times in 2010

    Verisign, operator of two of the 13 root name servers that route traffic on the Internet, has revealed that outsiders attacked its computer network several times in 2010, but top management did not learn of the incidents until September 2011.

  • Blog

    Mobile Security: Act Now

    Including Mobile Banking in Risk Assessments By Tracy Kitten
    Mobile Security: Act Now

    Financial institutions need to address mobile banking security risks now, in a targeted way, rather than waiting for regulatory guidance.

  • Article

    Social Media: A Risky Reality

    Networking Behavior Increases Online Bank Account Risks By Tracy Kitten
    Social Media: A Risky Reality

    Consumer behavior is the biggest concern when it comes to online risks posed by social media. But Bill Wansley of Booz Allen Hamilton says financial institutions can manage those risks. What steps does he recommend?

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  • Legal Considerations About Cloud Computing

    Cloud computing is among the hottest topics in both the private and public sectors. Business and technology leaders are enamored with the notion of accessing virtualized resources via the Internet....

  • Fighting Fraud: Stop Social Engineers in Their Tracks

    Despite all the media hype about hackers and viruses, the greatest threats to an organization's information security are the employees of the company. They're the ones who too often, too willingly,...

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ARTICLE Finding Compliance in the Cloud

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ARTICLE Finding Compliance in the Cloud

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