Federal investigators announced five more arrests this week in connection with a $45 million ATM cash-out and prepaid card fraud scheme. Learn why experts expect these types of crimes to become even more common.
For risk managers, an often overlooked step for minimizing supply chain risks is to continually monitor outsourcers and other third parties to address critical security issues, says the Information Security Forum's Steve Durbin.
The breach of a card loyalty marketing company has reignited discussions about the roles banking institutions, regulators and others play when it comes to mitigating third-party risks. Where should the buck stop?
The Office of the Comptroller of the Currency is the first major U.S. banking regulator to issue updated guidance on third-party risks. What are the key tenets, and what should institutions expect next?
In the wake of an ongoing stream of merchant and payment processing breaches, the FDIC is reminding smaller banking institutions that they are ultimately responsible for ensuring the security of cardholder data.
Comptroller of the Currency Thomas Curry's comments in a Sept. 18 speech could be an early indication that regulators will put more pressure on banks and service providers to fill cybersecurity gaps, some observers say.
John Streufert, the DHS director overseeing the rollout of a federal continuous diagnostic initiative to mitigate IT systems vulnerabilities, expects that many state and local governments will participate in the program.
National Security Agency Director Keith Alexander declined to say that the agency would stop using contractors in top secret IT positions to prevent a leak such as the one that exposed NSA programs to collect metadata on American citizens.