Small businesses have room to improve when it comes to fraud prevention. And according to a recent study commissioned by TD Bank, a lack of understanding and apathy are challenges that need to be overcome.
As the use of mobile banking grows, banks and credit unions also should take steps to educate their customers and members about safe e-banking practices.
We're pleased that two members of Congress have asked the Government Accountability Office to study whether federal regulators are adequately addressing the security risks involved in using wireless medical devices.
Experts advise healthcare organizations that are considering using cloud computing to ask vendors tough questions about privacy and security and carefully consider whether they need additional liability insurance coverage to address the risks involved.
Has our financial system's attention focused so much on cyberthreats that it's forgotten to lock down controls to prevent low-tech schemes? In a nutshell, yes.
In the age of high-profile attacks, such as a distributed denial-of-service attack against South Korean websites, organizations are shifting their focus in terms of cybersecurity, McAfee CTO/Public Sector Phyllis Schneck says.
Regulation and legislation are working in banking institutions' favor, helping them enhance fraud prevention and detection investments for debit and online banking.
Because social media pose significant risks to patient privacy, healthcare organizations need to develop detailed social media policies. But unfortunately, many organizations have yet to take that action.
"Organized crime sees that this is a good business to come in, exploit and take advantage of the loopholes," says L.T. Lafferty, criminal defense attorney and mortgage fraud expert, on the schemes that cost banks billions each year.
Rep. Mary Bono Mack, at left in photo, wants security provider McAfee to brief the House subcommittee she chairs on its report of cyberattacks waged against governments and global businesses for more than five years it labels Shady RAT.
Do patients really want to know the identity of every doctor, nurse, technician, intern, specialist, admin and consulting physician who ever viewed their records?
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