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Financial Security News
Financial institutions should conduct social engineering exercises to test the security awareness of their employees, writes...
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Financial Security Tips
Web application security best practices are critical for every organization and particularly essential for financial-services firms. Financial-services websites are prime...
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Mar 1, 2010
The Copper River Group, a consulting firm headquartered in Fargo, N.D. that focuses on technology and payment systems research and consulting for community financial institutions. For nearly 30 years, Dan Fisher has worked in the financial industry using technology to improve the bottom line. He has served as a director of...
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Feb 22, 2010
Section 501(b) of the Gramm-Leach-Bliley Act (GLBA) established the policy that each financial institution has an affirmative and continuing obligation to respect the privacy of its customers and protect the security and confidentiality of... More... Feb 8, 2010
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Network Security Articles
Medical identity fraudsters target health care info, experts say
criminals know that medical records are a goldmine, and they are using the data to steal drugs or peek into others' medical history, health care security experts said.
"We are seeing fraudsters stealing identities, going to a pharmacy and stealing drugs," Simon Chan, senior IT security architect at pharmacy benefits management... More... Mar 4, 2010
Trustwave seeks SIEM technology upgrade with Intellitactics deal
DLP company Vericept Corp. Also, just last month, Trustwave added data encryption capabilities with its addition of BitArmor Inc. The acquired network security and data protection tools, as well as its other IPS, IDS and UTM features, are offered as both products and managed security services, which can then be used in compliance assessment...
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Mar 4, 2010
PCI tokenization push promising but premature, experts say
Systems Inc. has sold tokenization products since 2003. Payment processors are also heavily pushing tokenization. First Data Corp. and RSA, the security division of EMC Corp., have released an encryption and tokenization service that takes the card payment information, converts it into a token and then stores the sensitive data in a...
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Mar 4, 2010
Financial Security Podcasts
Fraud Prevention Information
Email authentication methods critical in fight against phishing
hellip;to protect all our customers, which is critical as the bad guys get more sophisticated," he said at the panel on securing email against phishing, spoofing and fraud.
Many users' systems are getting infected from phishing attacks, making "it critical to cut down on illegitimate email," said Paul Smocer, vice president of security at BITS, a division of the Financial Services Roundtable, a forum... More... Mar 3, 2010
RSA panel: No easy solution for Zeus Trojan, banking malware
fraud triggered by password-stealing malware.
"New malware takes their [bad guys'] level of agility up a notch," said Laura Mather, founder and CEO at Palo Alto, Calif.-based fraud prevention company Silver Tail Systems Inc. Man-in-the-browser functionality gives the malicious software the ability to lay dormant on a victim's computer and spring to life when the victim visits a banking site, she said. "Malware is the... More... Mar 3, 2010
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