Bank of America, a pioneer in mobile banking, says mobile is hot, but it also opens financial institutions to unknown risks. What proactive steps should banks and credit unions take to ensure they're ready?
In addition to the negative publicity associated with being included on the federal tally of major health information breaches, some organizations are experiencing yet another impact of breaches: class action lawsuits.
Ongoing HIPAA compliance training is key to breach prevention, says Terrell Herzig of UAB Medicine. Yet many healthcare organizations are lacking in their efforts, according to results from the Healthcare Information Security Today survey.
Virtual Radiologic Professionals, LLC notified individuals about a stolen laptop taken from an employee's car. By corporate policy, the laptop's hard drive was supposed to be encrypted, but something went wrong.
A wave of security breaches serves as a catalyst for all types of organizations to assess the need for cyber insurance. Here's the story of one institution that saw the threat and took out a $10 million policy.
ACH fraud victim Mark Patterson says small businesses like his welcome improved online security measures from banking institutions. But is the new FFIEC Authentication Guidance sufficient? Patterson says no.
Banks and credit unions are feverishly working to meet the FFIEC's authentication compliance deadline next year. But experts say institutions should be looking beyond the guidance, by making investments in cross-channel fraud detection.
Sutter Health, an integrated delivery system that was in the process of encrypting all its desktop computers, reports that a device that had not yet been encrypted was recently stolen, affecting more than 4.2 million patients.
Servers at Virginia Commonwealth University were recently hacked, potentially exposing Social Security numbers for more than 176,000 faculty, staff, students and affiliates at the university and the VCU Health System.