Preparing for an exam to assess FFIEC Authentication Guidance conformance can be daunting. But according to one bank's experience, it doesn't have to be. What words of advice does this institution share?
Targeted email attacks represent one of the most significant IT threats facing healthcare and financial services today from a data security perspective. Many of the large, widely publicized data breaches in recent years have started with a single, carefully crafted and personalized email that tricked the targeted...
A U.S. appeals court reversed a lower court's ruling in the ACH/wire fraud dispute between PATCO Construction Inc. and the former Ocean Bank, now People's United. What is next in this high-profile case?
"You need to educate people, and you need to have the right control procedures in place to ensure that people are aware of insider fraud," says Larry Ponemon, offering tips to reduce insider risks.
In an interview about the insider threat, Ponemon discusses:
Key findings from this new research;
What needs to be...
Too many banks and credit unions are being narrow-minded in their approaches to FFIEC Authentication Guidance conformance, by focusing on commercial accounts and neglecting retail accounts, one ACH fraud attorney says.