Data and information management

The initiative would standardize and expand security, but marketing restrictions weigh against the business case for adoption.

Hackers, including the group behind the breach at Colonial Pipeline, have posted convincing evidence that they have broken into the servers of community banks in Florida and California and stolen customers' data.

The digital migration caused new risks, and new responsibilities for security professionals.

A proposal still in the early stages to have banks report on customers’ account activity to help the government nab tax evaders is being panned by the industry as overly burdensome and a privacy threat.

The most sophisticated cyberattacks can begin with something as simple as a text message.

It's the latest move in an industry shift toward more secure sharing of bank account data with fintechs and away from screen scraping.

The risk is growing that criminals or hostile nations could use quantum computing to hack into the ledger systems that control bitcoin and other digital currencies.

The social network and PayPal are both urging consumers to take steps to prevent transactions from displaying the user's physical address.

Migrating to the cloud exposes the pivotal role of identity in the smooth operation of applications, and how it creates unique challenges, says Strata Identity's Eric Olden.

The risk is growing that criminals or hostile nations could use quantum computing to hack into the ledger systems that control bitcoin and other digital currencies.

There is no doubt 2020 was a year of contactless transactions. But what implications do contactless payments present when it comes to security?

Bank of America is devoting more resources to fighting cyberattacks after seeing a jump in threats amid the pandemic.

Some say Equifax, Experian and TransUnion are too slow to investigate grievances, prompting more complaints to the Consumer Financial Protection Bureau. But the big three say other forces are at work.

Incumbents have access to tons of information on consumers, but developing the means to analyze and act on it requires a strategic change, says Icon Solutions' Simon Wilson.

The Tennessee company said an unauthorized party gained access to dozens of accounts and obtained less than $1 million from some of those accounts.

Long after the pandemic is finally behind us, the many security and financial benefits owners, management companies and fans alike receive from having the technology in place will remain too invaluable to ignore, says Corsight's Rob Watts.

The agency will hold an exercise this summer related to emerging fraud risks and one board member suggested Congress should once again consider allowing the NCUA to oversee third-party vendors — a measure that would cost the regulator roughly $2 million a year.

The card brand is expanding identity theft protection and using data analytics to reach beyond its current customer base.

The card brand is expanding identity theft protection and using data analytics to reach beyond its current customer base.