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Financial Services Information Security News

Week of 02 Nov 2009
    ACH fraud scams total $100 million, FBI says
Losses are mounting from surge in ACH fraud targeting small and midsize businesses, according to alert from FBI's Internet Crime Complaint Center
    FTC announces fourth Red Flags Rule extension
Members of Congress asked FTC to delay enforcement of identity-theft regulation for organizations the FTC governs
Week of 26 Oct 2009
    Bank computer technician indicted in identity theft scheme
New York technician stole the identities of more than 150 bank employees and victimized charities in a $1.1 million fraud scam
    FDIC warns of rise in "money mule" schemes
Criminals dupe people into receiving and transferring unauthorized EFTs from business bank accounts
    Judge rejects TD Ameritrade breach settlement
Company's proposed security measures after breach that exposed customers' personal data are insufficient, judge rules
    FDIC warns of bogus emails
Emails try to trick users by pretending to be notices from the FDIC about failed banks
Week of 19 Oct 2009
    ChoicePoint settles with FTC over second data security breach
Breach exposed the personal data of 13,740 people and violated a court order stemming from the massive 2005 ChoicePoint breach, Federal Trade Commission says
    Survey: Consumers don't trust banks to keep their data secure
Unisys survey shows lack of consumer confidence in financial institutions to protect sensitive data as well as increased willingness to use biometrics technology
Week of 12 Oct 2009
    Five mistakes banks make in pandemic planning
Experts cite five areas where financial institutions could improve their planning for a potential H1N1 outbreak
Week of 05 Oct 2009
    Data breach lawsuit puts spotlight on bank's security measures
Couple victimized by a data security breach alleges their bank's online security lagged industry standards.
    Don't forget the cleaning crew in your vendor management program
Banks often overlook non-IT vendors in their vendor management program, putting their organization and customers' data at risk, experts say
    Get ready for remote deposit capture risk management scrutiny
Industry experts expect federal banking examiners to pay more attention to how banks manage remote deposit capture risks
Financial Services Information Security News Archive


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Financial Security News Topics: Compliance, Management Strategy, Security Technology
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