Data breaches and prevention strategies
- March 18, 2011
Former computer programmer snatched code for the firm’s proprietary trading platform on last day of work.
- October 13, 2010
In the wake of the global economic crisis, many financial firms are struggling to meet tough regulations while defending against both accidental data leakage and a constant barrage of external attacks.
- September 30, 2010
Foreigners in the United States on student visas were lured into opening bank accounts to funnel stolen money overseas.
- August 06, 2010
Suspect allegedly part of hacking ring that masterminded sophisticated attack against payment processor.
- July 28, 2010
Suspect allegedly developed and sold the malware behind massive botnet that was used to steal bank account information.
- July 25, 2010
Insider fraud is a complex problem in the financial industry. Here's a look at some of the technology available to help banks thwart it.
- July 06, 2010
Prosecutors say ex-contractor stole data from 2,000 bank employees and siphoned $1.1 million from nonprofits.
- January 21, 2010
Proposed $60 million settlement for Visa card issuers offers little breach compensation and releases Heartland's acquiring banks from liability, attorneys argue
- January 15, 2010
Shared passwords and usernames used by two subsidiaries may have exposed sensitive data of 1.2 million customers
- January 13, 2010
Intruder accesses login credentials of 8,378 customers at Suffolk County National Bank
- January 11, 2010
Study of data security breaches reported last year shows rise in hacker attacks and insider theft over accidental data exposure
- January 08, 2010
Banks, card processors and others are invited to participate in three-day exercise to test their response processes to various cyber attacks
- January 08, 2010
Fund will pay up to $60 million to credit and debit card issuers for their losses from Heartland data security breach
- December 23, 2009
Payment processor will pay up to $2.4 million to affected cardholders in proposed settlement
- December 18, 2009
Processor said the settlement resolves "issues between the two parties" as a result of its massive data security breach.