The FFIEC's updated online authentication guidance urges banks and credit unions to do better jobs of authenticating and identifying devices, areas that aren't bolstering the kind of security they could, says security expert Ori Eisen.
In one of the largest health information breaches reported so far this year, Spartanburg Regional Healthcare System in South Carolina has notified 400,000 of an incident involving the theft of a desktop computer from an employee's car.
As a report of one of the worst digital assaults against the Pentagon surfaces, Deputy Secretary William Lynn III unveils a new Defense Department cyberspace strategy in which the Pentagon will more actively defend military and defense industry systems and networks.
Now that the FFIEC's updated online authentication guidance is out, banking institutions need to move forward in preparation for 2012 compliance, says Julie McNelley, banking fraud analyst for Aite Group.
The U.S. Department of Health and Human Services' Office for Civil Rights entered into a resolution agreement with the University of California at Los Angeles Health System to settle violations of the HIPAA Privacy and Security Rules.
The Fed's ruling on interchange cuts mandated by the Durbin Amendment will aid fraud prevention and could accelerate a move to chip-based payments, says Randy Vanderhoof, director of the Smart Card Alliance.