Unencrypted backup computer files containing personal, health and financial information on about 800,000 people may have been lost by a company that a Massachusetts hospital hired to destroy the files.
Eighteen months ago, when the Heartland Payment Systems data breach first hit the news, Heartland CEO Bob Carr knew exactly where to turn - to Tylenol.
The California Department of Health Care Services has notified nearly 30,000 individuals of a breach stemming from the loss of a compact disk that may not have been encrypted.
Two recent healthcare information breaches illustrate that even routine business processes, like throwing away old filing cabinets or mailing letters, can be risky.
Insurer Health Net will pay $250,000 in damages and offer stronger consumer protections to settle a lawsuit filed by Connecticut Attorney General Richard Blumenthal over a breach in 2009.
If you're looking for a way to persuade your CEO and board of directors to provide increased funding for information security, show them the list of major breaches reported to federal regulators.
As TJX, Hannaford and Heartland have taught us, incident response isn't just about reacting to your own institution's security breaches - it's about what happens when your card processors, merchants and vendors are compromised.
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How to immediately respond to a payment...
It may be the biggest data breach we've ever seen - and an eerie harbinger of crimes to come. The Heartland Payment Systems (HPY) hack involves scores of financial institutions and tens of thousands of consumers who've had their accounts compromised by fraudsters. Crimes against processors are on the rise, and in this...
For financial institutions, data security is both an operational and regulatory imperative. A bank or financial services provider that fails to protect a customer's financial data faces the threat of losing customers, tarnishing their reputation and eventually losing competitive advantage.
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A Business Impact Analysis (BIA) is an integral part of developing a Business Continuity Plan for any type of disaster, and the Federal Financial Institutions Examination Council (FFIEC) has released recent guidance about enhancements to the BIA and testing discussions.
According to the latest update to the FFIEC's...
What happens if your institution suffers an ATM skimming attack and customer accounts have been compromised? Or if a payments processor is hacked and thousands of your credit/debit cardholders are potentially exposed to fraud?
These aren't hypothetical breaches; they've occurred. Repeatedly. And they prove that an...
Think the pandemic threat isn't real, or that you needn't prepare a thorough plan to account for it? Your organization's regulators disagree. Pandemic planning is a significant regulatory requirement for every financial institution and a key component in government agency requirements. Register for this webinar to...
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