New guidelines for mobile security are likely on the way for U.S. financial institutions, banking leaders and mobile experts say. Learn the reasons behind their predictions.
Payment data and personal information are both attractive targets for criminals, says breach investigator Erin Nealy Cox of forensics firm Stroz Friedberg. Learn why she says card data isn't the only lucrative target.
More hackers are attacking payment processors and merchants with enhanced malware to compromise credit and debit card data. What steps can be taken to thwart the threat?
A breach of the S.C. tax system exposed more than 385,000 credit and debit card numbers. Now the state's Inspector General says lax security practices have put digital assets at risk.
Banking institutions are focusing on risk assessments. But what other steps are they taking to conform to the FFIEC Authentication Guidance? The ABA's Doug Johnson shares what he hears from banks.
How are banks addressing mobile security risks? Bank of America's Keith Gordon says most are just beginning to forge ahead in the mobile space, and new security gaps are areas for which institutions have to prepare, proactively.
Banking institutions are making significant anti-fraud investments as they work toward conformance with the FFIEC's updated Authentication Guidance. But are they investing in the right solutions?
Learning how alleged fraudsters hacked systems and traded in stolen credit- and debit-card numbers can help organizations take steps to protect their customers' and stakeholders' sensitive information.
How are banking institutions addressing mobile security risks and authentication challenges? Paul Smocer of BITS says some of the proactive steps banks are taking might surprise you.
Which security concerns should institutions be bracing for, as more consumers adopt mobile banking? BITS offers a collection of recommendations from some of the industry's top institutions.
BITS' new mobile research highlights six key areas of risk every banking institution must consider. Find out what security and fraud-mitigation strategies institutions should be implementing.
When it comes to curbing ACH fraud, banking regulators and law enforcement agencies have joined forces to keep institutions abreast of emerging best-practices. What are their top recommendations?
New advisories from Visa suggest that payments processor Global Payments Inc. may have been breached in June 2011 - nine months earlier than initially reported.
Payments processor First Data warns about an uptick in trolling - hackers sniffing networks for easy access to merchants' point-of-sale systems. What can banks do to help merchants prevent breaches?
Michael Benardo of the FDIC says banking institutions can expect more scrutiny about the due diligence they conduct on payments processors and merchants. What are the top risks institutions must address?
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