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InternetNews July 25, 2005 Roy Mark |
CardSystems May Close Doors The credit card processor that exposed approximately 40 million records to possible identity theft is facing possible financial ruin, as both Visa and American Express canceled their business with CardSystems.  |
Bank Technology News July 2005 Glen Fest |
Data Losses: Cardsystems Takes A Bullet After Breach Visa and American Express bid adieu to the processor, unable to forgive the firm for the compromise of customer data and flouting association rules. Was that fair-and is anyone next in the firing line?  |
InternetNews June 22, 2005 Tim Gray |
Fronting a Fix on Data Breaches Everyone's pointing fingers and looking for answers as the investigation into a recent leak of credit card accounts at CardSystems Solutions unfolds.  |
InternetNews June 20, 2005 Clint Boulton |
MasterCard: 40M Credit Card Accounts Exposed Credit card companies said sensitive information, including names, banks and account numbers, for millions of accounts was exposed by Atlanta-based CardSystems Solutions.  |
Bank Technology News July 2004 Jeremy Quittner |
A Battle's Breaking Out Over Phishing Prevention As phishing and spoofing scams continue to rise on the Web, and identity theft becomes a primary concern for financial services institutions, some credit card issuers have begun experimenting with new card technology to combat the problem.  |
InternetNews September 22, 2005 Roy Mark |
Roberts Vote Could Stall Data Privacy Law Judiciary Committee may vote today on mandating national breach disclosure law.  |
CFO March 15, 2006 John Edwards |
Commanding Data Will a raft of federal, state, and local requirements ever lead to a single information-security standard? For corporate officers in charge of compliance, the prognosis is not good.  |
Searcher November 2005 Carol Ebbinghouse |
Another Phine Kettle of Phish: Identity Theft Prevention Ten things to do today to protect yourself against identity theft.  |
InternetNews March 11, 2005 Roy Mark |
Staggered Start For ChoicePoint Hearing Senate ID theft hearing postponed but Schumer and Corzine promise new privacy legislation.  |
BusinessWeek March 28, 2005 Dean Foust |
Keeping A Grip On Identity How to hold info brokers accountable for security without fouling up commerce.  |
PC World November 2005 Alan Stafford |
Privacy in Peril With identity thieves targeting big consumer databases, your data isn't just up for sale -- it could be up for grabs.  |
The Motley Fool January 10, 2006 Dayana Yochim |
It's Hunting Season for Identity Thieves A recent security breach at a major tax preparation provider was a welcome surprise for alert fraudsters and a reminder to consumers that your secrets are safe from no one -- particularly this time of year.  |
InternetNews May 11, 2005 Roy Mark |
Senate Debating Data Privacy Changes Senate Commerce Committee opens series of hearing on data broker practices.  |
InternetNews July 10, 2007 Roy Mark |
Many Breaches, Few ID Thefts Data breaches are frequent, but evidence of actual identity theft resulting from the breaches is limited, according to a new report by the General Accountability Office.  |
U.S. Banker September 2007 John Bingham |
Data Breaches' Sophistication Prompt 'Digital Dozen' Standards Taking measures to prevent and deter data breaches is the best approach to avoiding the high cost of fraud. Collaborations among Visa, MasterCard, American Express, Discover Card and JCB created a common industry security requirement known as the Payment Card Industry Data Security Standard.  |
Wall Street & Technology June 29, 2005 Paul Allen |
Is It Safe? Given the virtual nature of much of our modern world, in which financial transactions are predominantly about electronic flows of data rather than hard cash, information has become a key source of risk. As a result, the new security focus is on information management.  |
InternetNews February 18, 2005 Tim Gray |
Data Theft Fallout Spreads to 145,000 Data aggregation firm ChoicePoint responds to pressure to let more people know if identity thieves have their data, which may include credit reports, addresses, and social security numbers.  |
Bank Technology News January 2006 Glen Fest |
Data Breach Notification: States Differ On When To Sound The Alarm Legislative action on how and when banks should sound the alarm when there's been a data breach has lagged on the federal level, leading to a broad mix of state measures.  |
The Motley Fool June 29, 2005 Rich Smith |
What Would Spitzer Do? If Congress doesn't move fast on identity theft, the nation's attorneys general just might. Investors must now beware a flurry of lawsuits being filed.  |
Bank Systems & Technology December 1, 2005 Eileen Colkin Cuneo |
Dealing With Data Theft After the Fact When a security breech occurs, a company handling it right can flip the negative into a positive and earn customers' respect and appreciation. If they handle it wrong, and the business will fight the stigma of being an untrustworthy organization indefinitely.  |
BusinessWeek July 3, 2006 Dean Foust |
ID Theft: More Hype Than Harm Law enforcement officials say the criminals tend not to follow through after stealing personal data.  |
InternetNews February 9, 2007 Roy Mark |
When Is a Breach a Breach? If you think there's hope for a national data breach notification law, consider this: Congress can't decide what a breach is. Really.  |
InternetNews May 5, 2005 Roy Mark |
How Broad a Data Breach Disclosure Law? ChoicePoint and Bank of America throw support behind national disclosure law as Congress mulls the details.  |
InternetNews May 23, 2006 Roy Mark |
VA Data Breach Stirs Washington In the second-largest data breach on record -- and the biggest Social Security numbers breach ever - the Department of Veterans Affairs disclosed Monday approximately 26.5 million veterans are at risk of identity theft.  |
InternetNews May 12, 2006 Roy Mark |
Data Breach Bills Crowding Congress Seeking to make it a crime to conceal data breaches involving personal information, the U.S. House Judiciary Committee Thursday jumped into the data breach debate playing out on Capitol Hill.  |
InternetNews February 6, 2007 Roy Mark |
Concealment a Crime in Latest Data Breach Bill Additional legislation calls for criminal penalties for concealing breaches and consumer notification of 'significant' breaches.  |
The Motley Fool June 7, 2005 Rich Smith |
Oops, They Did It Again Citigroup misplaces millions of customers' account data.  |
InternetNews May 6, 2005 Tim Gray |
How Much is Too Much Data Loss? Congress returned this week to a burgeoning issue likely to concern the financial health of millions of Americans: What can be done about skyrocketing incidents of identity theft and data loss?  |
InternetNews January 12, 2007 Roy Mark |
Data Breach Law Back in Senate Businesses and government agencies would have to notify consumers under certain circumstances of data breaches under legislation introduced by U.S. Sen. Dianne Feinstein.  |
InternetNews June 30, 2005 Roy Mark |
Bill Targets Trafficking in Social Security Numbers Legislation requires companies to alert customers if their credit card information has been breached. The bill also prohibits requiring individuals to use Social Security numbers as their account numbers.  |
Wall Street & Technology October 23, 2007 Melanie Rodier |
How Are U.S. Businesses and Lawmakers Responding to Data Breaches? Nearly 77 million individuals have been affected by data breaches so far this year. But even after suffering a data breach, many businesses failed to implement encryption solutions or seek legal counsel.  |
Bank Technology News July 2005 |
Securing Customer Data Gets Tougher Each Day When bankers refer to fraud publicly, it often comes off as if the theft does not involve human beings. But behind the recent spate of data breaches are people-on both sides of the problem. Want to make a CEO wince? Talk about fraud in real terms.  |
CRM September 7, 2012 Dale Dabbs |
Protect Your Most Valuable Business Assets--Your Customers Optimal CRM incorporates data protection best practices to curtail identity theft.  |
InternetNews May 26, 2006 Clint Boulton |
Sacred Heart Data Hacked Sacred Heart University became the latest school to fall victim to a computer hack, which exposed the personal information of as many as 135,000 students and alumni.  |
InternetNews August 4, 2006 Roy Mark |
Data Breaches And Congress A roundup of where federal data breach security laws stand.  |
InternetNews December 14, 2006 Ed Sutherland |
Boeing Grappling With Data Theft Hundreds of thousands at Boeing get free credit checks after yet another laptop slipped away. Is it enough to prevent ID theft?  |
InternetNews March 2, 2005 Clint Boulton |
Bank Data Leak Jump-Starts Encryption Talk If Bank of America had encrypted the data on the backup tapes it's unlikely they would have had to announce the loss.  |
InternetNews April 14, 2005 Tim Gray |
HSBC Latest Data-Breach Victim British financial giant HSBC is notifying 180,000 people in the United States that their credit information may be vulnerable to thieves.  |
InternetNews April 21, 2005 Jim Wagner |
Ameritrade Client Info Lost in Transit A tape containing the personal information of up to 200,000 clients gets lost in the mail while Congress works on legislation to protect customers.  |
InternetNews May 17, 2010 |
Data Breach Tags N.M. Medicaid Patients Nearly 10,000 participants in New Mexico's Medicaid program had their personal information compromised after a car with a laptop in the trunk was stolen in Chicago.  |
InternetNews March 15, 2005 Roy Mark |
Data Brokers Back Federal Disclosure Law Lawmakers prod ChoicePoint, LexisNexis into supporting mandatory disclosure of security breaches.  |
InternetNews February 25, 2005 Roy Mark |
ChoicePoint ID Theft Stirs Up Congress When lawmakers return to work next week, private data protection legislation will be all the rage.  |
U.S. Banker July 2005 Holly Sraeel |
Want to Make a CEO Wince? Talk About Fraud. When bankers refer to fraud in public, it often comes off as if the theft does not involve a human being. Behind the financial losses and data breaches are people-on both sides of the problem.  |
Bank Systems & Technology August 27, 2009 Maria Bruno-Britz |
Evolving Fraud Schemes Keep Pressure on Evolving Payments Instruments While some of the latest schemes borrow from scams past, today's fraud schemes are as sophisticated as banks' most advanced payments systems. And stopping them is still a challenge.  |
InternetNews February 22, 2007 Roy Mark |
Retailers to Hold Data-Breach Bag? Proposed legislation in Massachusetts would make retailers financially responsible for breaches of their databases that lead to consumer identity theft.  |
CRM June 1, 2005 Marshall Lager |
Fear and Loathing in the Database A company's CRM system might make it vulnerable to hackers, but with risk comes opportunity.  |
Wall Street & Technology November 26, 2007 Melanie Rodier |
Data Security: An Increasingly Daunting Task With breaches on the rise, consumer confidence waining, more data privacy regulations in the pipeline and a focus on outsourcing, financial services institutions must ensure they are protecting customer data -- both internally and externally.  |
InternetNews May 17, 2005 Roy Mark |
Swindle: 'Somebody Has Got to Pay' The Federal Trade Commission says corporate boards haven't been paying enough attention to data protection.  |
The Motley Fool December 22, 2005 Rich Smith |
Three Cheers for ABN Lost client information leads to positive changes for the banking group. Other financial institute should be following suit. But will they?  |
CRM September 1, 2005 David Myron |
Online Banking: Consumer Trust Versus Loyalty Identity theft victims' assurance of security reflects comfort levels with online banking, and not their loyalty to a particular bank.  |