'Hacker 1' and 'Hacker 2' from the Heartland Payment Systems breach indictment were named today among the five defendants in latest breach charges that resulted in 160 million stolen credit card numbers and hundreds of millions of dollars in losses
By Mark Herman, Booz Allen Hamilton | July 23, 2013
Data lakes -- massive repositories of information that consolidate structured, unstructured, batched and streaming data into a single table -- could enable integration of different banks' living wills, providing transparency that would help identify hidden risks in the financial system.
By Adrian Ungureanu and Tony Tummillo, Capco | July 02, 2013
In part two of our series on electronic signatures, we discuss the challenges in navigating the electronic signature vendor space and the intricacies that exist beyond the simple capture of an electronic signature.
Customers are willing to switch banks if offered assurances on the security of their accounts and data, but nearly a third of customers think their bank doesn’t have a process for dealing with fraud cases, a new Infosys study found.
By Avi Rembaum and Daniel Wiley, Check Point Software Technologies | June 25, 2013
To cope with an increased number of large distributed denial of service attacks, banks must not only have plans in place -- they should consider a broad set of defensive tools that combine on-premise technologies and cloud-based scrubbing services.
With more 7,000 distributed denial of service attacks daily, it’s only a matter of time before even smaller banks and credit unions are targeted. Here are more lessons smaller institutions learn from the big banks.