Earlier this month, a criminal posed as Barclays Bank chairman Marcus Agius to get a Barclayscard from call center processing staff. Armed with the new card, he then walked into a London Barclays branch and withdrew 10,000 pounds. The criminal may have obtained personal details about the chairman online to get the...
Tucked away in the rolling hills just south of Lexington, KY is the farming community of Mt. Vernon, KY. Dennis Weiskircher, IT Manager and Security Officer at Citizens Bank www.citizensbankrb.comhere, has seen his share of Social Engineering scams.
"I find it surprising how many smaller banks are being targeted by...
If 2007 is any indication, then 2008 is going to be a wild year for financial institutions facing a slew of risk management issues.
Hanging like the sword of Damocles above all is the subprime mortgage crisis, which sees institutions looking for ways to avoid foreclosures and challenges surrounding underwriting....
What happens to the victims of identity theft?
What becomes of these people who turn to their financial institution â€“ who want only to talk to someone who understands what they are going through and can help them fix the problem?
Thatâ€™s where the Identity Theft Assistance Center steps in.
Last month, Atlanta's Bond Community Federal Credit Union, sent out an unusual email alert: If you're going to be globetrotting any time soon, call us.
Facing unprecedented numbers of international fraud and ID theft reports, Bond is one of a growing number of community banks and credit unions engaging their...
In the news on almost any given day you will find a story on a bank or credit union that has lost confidential data due to a security breach. Substantial coverage is also given to the latest laws and regulations that govern these financial institutions and protect them in taking measures to safeguard against data...
Listen to Tom Field, editorial director of BankInfoSecurity.com and CUINfoSecurity.com, discuss our first annual State of Banking Information Security Survey in the Financial Services Industry. The survey will focus on topics such as:
Information Security Priorities & Roles
Risk Assessment, Incident...
You already know that by this time next year, your financial institution will need to have a written identity theft prevention program. But have you considered that part of that program should include what your institution is doing to increase identity theft awareness among your customers?
Preliminary results of the nationwide pandemic exercise for the financial services industry were released recently, and show that while the industry itself is among the most prepared, there is still much work to be done for individual institutions to be fully prepared for a true pandemic disaster.
What Does Security Leadership Entail?
Information Security Media Group (ISMG) publishers of BankInfoSecurity.com and
CUInfosecurity.com, recently posed this and other questions to Debbie Wheeler, Chief
Information Security Officer for Fifth Third Bancorp. In her current role she is responsible
"I wonder what it would be like to go home at 5 PM today?" says Bruce Coffing, an information
security officer responsible for identity and access management at LaSalle Bank, a large
Midwestern bank ($113 billion in assets) serving individuals and businesses with over 400 branch
locations. He cannot recall the...
New ID Theft Scam Targets the Really Big Fish Phishers are now setting their hooks on high-income individuals, and the term that information security researchers are using is “Whaling” -- or spear-phishing that really big fish.