News & Commentary
Latest Content tagged with Security
Feds Investigating Breaches at JPMorgan, Other Banks
News  |  8/29/2014  | 
JPMorgan working with FBI, US Secret Service to determine scope of breach, but other newly reported intrusions at financial firms may not be related.
What Banks Need To Do After the JPMorgan Breach
News  |  8/28/2014  | 
If breaches are inevitable, banks need to know how to respond to them.
What Banks Can Learn From the Target Breach
News  |  8/28/2014  | 
Following the JPMorgan Chase hack, banks can look back to the Target attack to glean insights on minimizing such attacks.
Banking on Cyber Security Leadership
Commentary  |  8/28/2014  | 
How cyber security officers at financial institutions are confronting data protection concerns.
Data Ownership & Encryption in the Cloud
News  |  8/28/2014  | 
New advancements in encryption technology can help businesses keep their data secure and private even when it is stored with a cloud provider.
Russian Hack Attack on Banks: Is This the Big One?
Commentary  |  8/28/2014  | 
JPMorgan Chase and at least four other US banks have been hit by a series of coordinated attacks on account information. Was it inevitable?
The Role of Big Data in Monitoring Real-Time Payments Fraud
Commentary  |  8/26/2014  | 
Predictive and behavioral analytics hold the key to tracking fraud in a real-time payments environment.
How to Ace RDC Compliance Audits
News  |  8/25/2014  | 
With annual RDC audits weighing heavily on banks, we offer some tips to help compliance officers get through the auditing season.
Securing Networks in a BYOD-Enabled Environment
News  |  8/22/2014  | 
Bremer Bank turned to ForeScout CounterAct to achieve network security while providing ease of use for employees working on their mobile devices.
6 Reasons Secure Coding Can Still Lead to a Shipwreck
Commentary  |  8/20/2014  | 
Why application security means more than just ensuring that developers are writing secure code.
Liberty Reserve Deputy Pleads Guilty to Money Laundering
News  |  8/18/2014  | 
Regulators claim the virtual currency business acted as a bank for the global criminal underworld.
The True Cost of Data Breaches
Slideshows  |  8/8/2014  | 
The cost associated with data breaches extends far beyond just the information that was stolen.
Identity Management Will Get a Mobile Makeover by 2017, Part 2
Commentary  |  8/8/2014  | 
In the second part of this series, we look at how behavioral awareness and mobile imaging are changing authentication.
Increased Vigilance Needed to Reduce Counterfeit Risk
Commentary  |  8/8/2014  | 
With counterfeiting changing thanks to new digital technology, banks need to increase their detection capabilities.
5 Questions About Faster Payments in the US
Commentary  |  8/7/2014  | 
US banks can learn lessons on implementation and security from other faster payments initiatives around the world.
A Privacy Checklist for Collecting Customer Information
Commentary  |  8/7/2014  | 
Financial institutions collect tremendous amounts of customer information, some of it publicly available but much of it highly personal.
Are 10% of Mobile Depositors Fraudsters? No.
Commentary  |  8/5/2014  | 
Without context, numbers on mobile fraud can be misleading.
Network Security Concerns With BYOD
Commentary  |  8/4/2014  | 
How banks can mitigate the risk of a network breach as BYOD policies become commonplace.
Staying Prepared for Cyber Attacks
Commentary  |  8/1/2014  | 
FS-ISAC is running its fifth annual simulated cyber security exercise for financial institutions.
Is Wire Transfer Versioning Protecting Your Wires?
Commentary  |  7/30/2014  | 
Logging data for every change made to a wire transfer can enhance banks' ability to find fraudulent transactions.
Data Security: Consumers Trust Banks Over Retailers
Commentary  |  7/24/2014  | 
A new ACI and Aite Group survey found that the majority of consumers trust banks more than retailers to keep their data private and secure.
Real-Time Payments: Imagination Realized, Commerce Evolved
Commentary  |  7/21/2014  | 
Why the move to real-time payments may happen sooner than you think.
Top 3 Security Threats for Banks – And How to Address Them
Commentary  |  7/18/2014  | 
How can banks mitigate their biggest security risks in a rapidly changing fraud landscape?
Identity Management Will Get a Mobile Makeover by 2017
Commentary  |  7/16/2014  | 
In the first of a two-part series, we explore how mobile will change user authentication and risk management in financial services.
Where in the World Should Banks Store Their Data?
Commentary  |  7/15/2014  | 
Deciding where to house and how to move data involves understanding the relevant legal regimes and the application of risk analysis.
Are Mobile Payment Apps a Boon for Both Customers & Fraudsters?
Commentary  |  7/10/2014  | 
How fraudsters can take advantage of mobile transactions, and how banks can mitigate that risk.
5 Myths About Bank IT Security
Commentary  |  7/10/2014  | 
Banks have to change the way they think about security in the face of more varied and sophisticated threats. Here's five places to start.
Fraud Detection & the Customer Experience Continuum
Commentary  |  7/10/2014  | 
The key to fraud prevention lies not in the ability to detect, but in its ability to analyze.
Redefining the US Payment System
Commentary  |  7/9/2014  | 
How EMV, smartphones, and tokenization are changing the customer experience.
State Governments & the Future of Cyber Security Regulation
News  |  7/9/2014  | 
With Washington deadlocked by partisanship, it's falling to states to inspect banks' cyber security practices, and that could mean trouble for some small institutions.
Why Bankers Should Think Like Technologists
Commentary  |  7/8/2014  | 
Banking at its core is a business that manages and prices risk. But it's also increasingly a technology business, as new competitive and cyber security threats show.
Interpreting Cyber Risk Trends
Commentary  |  7/8/2014  | 
Verizon says 75% of financial sector breaches in the past decade involved web application attacks, DDoS, and card skimming.
Delaying EMV Migration Risks Significant Losses for U.S. Issuers
Commentary  |  1/24/2013  | 
U.S. card issuers who delay migration to EMV face a rapidly increasing risk of loss, largely due to the impact of fraud migrating from countries where EMV deployment is more advanced. U.S. issuers should begin to make preparations now.
'High Roller' Online Financial Fraud Ring Robs Big Money Bank Accounts
Commentary  |  6/29/2012  | 
Attackers do their dirty work from their own cloud-based server infrastructure rather than on the victim's PC in order to camouflage the crime.
Norkom Signs Financial Market Leaders in Britain, Korea.
News  |  3/12/2009  | 
Co-op CFS and Woori Bank use Norkom Technologies' software to tackle fraud, money laundering.
Santander Starts Global Student Card Roll-Out
News  |  3/4/2009  | 
A Spanish university is for new EMV chip-cards, for ID, access and payments.


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