Dollars lost of fraud are one measure of an incident's impact. But the "soft" costs - loss of reputation and productivity - are the ones that most get the attention of Terry Austin of Guardian Analytics.
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.
What do the proposed Stage 2 rules for the HITECH Act electronic health record incentive program have to say about encryption and other security measures? Consumer advocate Deven McGraw provides an analysis.
Weeks, months or even years often go by before organizations discover they've been hacked, not learning of the attack until law-enforcement authorities inform them, says recently retired FBI Executive Assistant Director Shawn Henry.