Financial institutions are now at high risk of cyberattack, according to the Financial Services Information Sharing and Analysis Center. What can institutions do to protect themselves from new threats?
"The costly and heavy-handed regulatory approach by the current administration will increase the size and cost of the federal bureaucracy and harm innovation in cybersecurity," states the Republican Party platform.
After a breach, some organizations meet the minimum requirements for notification and then hope for the best. The Utah Department of Health is taking a very different approach that's worthy of imitation.
International law enforcement agencies last week touted the takedown of 36 websites that were used to sell stolen debit and credit data for more than 2.5 million accounts. But how much of an impact will the takedown ultimately have on card fraud?
U.S. and Estonian authorities have broken up one of the largest Internet crime schemes that allegedly netted $14 million in fraudulent advertising fees and infected 4 million computers in 100 countries.