Communicating with customers about the incident and warning them not to click links in phishing e-mails are all these impacted institutions and companies really can do, says Jeremiah Grossman, chief technology officer of WhiteHat Security.
Privacy Attorney Lisa Sotto says the Epsilon e-mail breach is a warning about the state of data security employed by some third-party service providers. Strong contracts related to security practices must be the norm, not the exception.
"It is the biggest breach we have ever seen; and to say no financial information has been stolen is, well, understating the massive breach and concern," says Neil Schwartzman, founder and chief security specialist at CASL Consulting.
Zeus, now in its eighth generation, is striking businesses and financial institutions throughout the world, and it's suspected to be the malware behind recent attacks on mobile devices.
To help fight fraud, computer scientists from the National Institute of Standards and Technology offer some insight on how to protect commercial and consumer computers from keylogger infection.
To educate consumers and businesses about offline attacks, the Anti Phishing Working Group has stepped in to help by creating a new consumer fax education initiative in conjunction with the IRS.
Ghosts of Crimes Past and Present Will Haunt the Future of Banking Institutions and Customers
"The more things change, the more things stay the same." This old saying holds true when it comes to the different types of fraud hitting financial institutions.
In 2009, institutions were hit from every angle with...
When it comes to protecting your organization and your customers from a data breach, what is considered "reasonable security?"
This question is at the center of several ongoing lawsuits, and how the courts answer it may be one of the biggest stories of 2010.
Shedding light on this hot topic is David Navetta,...
The recent news that Nexus One smartphone owners were unable to send or receive data is just a precursor to what security experts say is the next big threat to mobile phones and services - mobile malware.
According to Dr. Markus Jakobsson, a noted security expert in the field of phishing and crimeware, mobile...
Interview with James Van Dyke of Javelin Strategy & Research
Identity fraud crimes expanded at a 12% rate in 2009. What can we expect to see in 2010?
Javelin Strategy & Research is out with its latest Identity Fraud Study. For insight on the study results and what they mean to organizations across industry,...
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