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InternetNews June 28, 2010 |
White House Talks Up Online ID Plan New framework aims to better secure user identities to battle online fraud.  |
U.S. Banker May 2011 Rob Garver |
Another Stab at Federated Identity The administration is exploring an identity ecosystem that envisions universal Internet log-in credentials for consumers. Will the prospect of more secure e-commerce win banks over to the idea?  |
Bank Technology News August 2010 Michael Sisk |
Federated ID's Still in Search of an Identity In any federated system banks have some important decisions to make.  |
Bank Systems & Technology February 10, 2010 Penny Crosman |
ID Fraud Grew 12% in 2009, But Wells Fargo's Fraud Losses Are Down Javelin Research's latest fraud survey finds identity fraud continues to rise, but losses are down at some banks due to fraud detection technology improvements.  |
Bank Technology News July 2005 Glen Fest |
Profiling: The DNA Of Fraud Rings ID Analytics spent two years studying criminals who traffic in fake and stolen IDs for attempted financial services fraud. It discovered the ways how they succeed-and how they don't. It isn't pretty.  |
InternetNews January 10, 2011 David Needle |
Commerce Dept. Forms Office for Online ID The federal response to the security and privacy challenges stemming from a constellation of online identity issues will be housed in the Commerce Department, with a final administration report with recommendations due out in the coming months.  |
Bank Systems & Technology April 7, 2006 Peggy Bresnick Kendler |
Security Outlook A plethora of high-profile data breaches and concerns about identity theft have put the banking industry on high alert. To secure their information assets, banks must implement a cross-channel, multilayered approach that extends beyond technology.  |
Bank Technology News December 2003 John Adams |
By the Numbers Identity fraud should be a top-five business priority for line-of-business decision-makers at retail financial institutions. Growth rates are indeed troublesome.  |
Bank Systems & Technology April 13, 2010 Matt Gunn |
ID Theft, Card Fraud Top Consumer Concerns, Unisys Survey Finds Banks need to go beyond "traditional" fraud prevention efforts, report authors find.  |
InternetNews June 13, 2005 Clint Boulton |
Liberty Aims to Contain Identity Theft The Liberty Alliance Project is stepping up its assault on identity theft with the creation of a new group geared to stymie criminal activity on the Web.  |
Bank Technology News April 2006 Glen Fest |
Fraud Prevention: Engaging More Than The Enemy Banks could improve anti-fraud measures if they provided tools that draft customers into the battle. But it's not that simple for an industry still rife with soft spots.  |
Bank Systems & Technology May 8, 2007 Deena M. Amato-McCoy |
Fear Of Identity Theft Discourages Consumers From Banking Online Proactive security measures increase online banking confidence and use, study says.  |
Wall Street & Technology March 18, 2008 Cory Levine |
Identity Fraud on the Decline Despite the hype, identity fraud is on the decline, according to a new survey. But as fraudsters return to traditional channels, such as phone lines, to steal the trusting public's personal information, few financial institutions have implemented multifactor authentication for telephone banking.  |
BusinessWeek January 27, 2011 James Sterngold |
Say Goodbye to All Those Passwords The Commerce Dept. is backing a new security system for online identity checks that could be a boon for e-commerce.  |
Bank Technology News October 2005 Glen Fest |
Uncle Sam Comes Knocking The U.S. government's interest in having banks help it form networks of federated identity, thus allowing vetted, shared user-credentials between government and private industry, is obvious. The looming question: What's in it for banks?  |
Bank Systems & Technology August 30, 2004 Ivan Schneider |
Who Was That Masked Man? MSU professor talks about the problem of fighting ID theft and the Identity Theft Penalty Enhancement Act.  |
Wall Street & Technology November 21, 2006 Gregory Framke |
Ask The Experts: Customer Account Security Security risks are very real for financial institutions, whether they serve customers at a retail branch or over the Internet.  |
Information Today February 2009 Phillip Britt |
Identity Thieves Hit a New Low In today's world of instant information, thieves are quick to learn about new deaths and put identity theft plans in action. Consumers need to take the necessary steps to protect the identities of the recently deceased.  |
Bank Systems & Technology March 7, 2005 George Hulme |
May I See Some ID, Please? Identity theft continues to be consumers' top complaint, and ID theft-related complaints are on the rise. Bank-related identity theft comprised 18 percent of all ID theft complaints.  |
InternetNews July 21, 2004 Clint Boulton |
Securing Identity a Novell, Oracle Affair Vendors use the Burton Group Catalyst Conference as a platform to launch identity management plans.  |
Wall Street & Technology October 20, 2006 |
Mystery Shopping for Effective Fraud Prevention By comparing a combination of mystery-shopper tactics and Web site research against criteria in prevention, detection and resolution of identity fraud events, a research company ranked 24 financial institutions on how well they protected customers' identities.  |
Bank Technology News June 2006 |
If It's Loyalty You Seek, Forget Fees For Credit Monitoring At a time when customers are worried about becoming victims of ID theft, banks have a huge opportunity to cement relationships by offering free credit monitoring services to all customers.  |
Bank Technology News January 2003 Mark Bruno |
A New Breed Of Criminals Identity heists could drain $500 million this year. Staying ahead of the thieves may be the only way to curb the rise of identity thefts.  |
U.S. Banker March 2004 John Engen |
Identity Victims Get Badly Needed Help Bankers view the industry's first stab at forging a unified response to the problem as a strong signal-sender. "Customers can see that we're banding together to stop this, and we can send a message to criminals that we're not working in a siloed fashion," says Mary Blegen, head of US Bancorp's fraud liaison center.  |
Bank Systems & Technology December 14, 2005 Maria Bruno-Britz |
E-asy Does It The 2005/2006 Study of Consumer Payment Preferences reports that consumers choose electronic payments for the majority of their payments -- whether in stores, online or for bills.  |
U.S. Banker October 2007 Lee Conrad |
Privacy Push: Banks Chafe Against Move To Block Use of SS Numbers Two major federal efforts to curb the widespread use of Social Security numbers are putting banks-the largest private-sector users of those nine sensitive numbers-on defense.  |
Bank Systems & Technology March 7, 2005 Cynthia Ramsaran |
ID Theft Hits Paper Harder Despite growing fears of online fraud related to Web-based banking services, the increase in identity theft is hitting consumers closer to home than in cyberspace. Identity theft crimes are more often committed off-line rather than online.  |
Bank Technology News February 2007 Andrea Klein |
Losses Rise If Reputation is Compromised The banking industry has begun to recognize the true cost of a tarnished reputation. The next and more challenging step for many is mitigating reputational risk, especially as it relates to online security breaches.  |
Bank Technology News September 2005 |
Giving Enterprise Security a Bigger Spotlight Financial IT Security's mission is to provide insight, analysis and commentary about the security challenges before financial institutions - and the innovative technologies and services designed to thwart security breaches.  |
Bank Technology News October 2009 James Van Dyke |
Consumers Do Want to Be Partners in Security While many bankers and technology professionals profess a belief that individuals can't be motivated to protect themselves, new Javelin research shows that more than eight in 10 online bankers view security as a shared responsibility.  |
AskMen.com Michael Hirsch |
How To: Deal With Identity Theft You probably don't think about it, but transactions you take for granted every day put you at risk for identity theft.  |
InternetNews January 25, 2006 Roy Mark |
ID Theft Reports Down, Losses Up Internet-related identity theft and fraud complaints may be leveling off, but overall financial losses are growing from the security breaches, new data from the Federal Trade Commission reveals.  |
Bank Systems & Technology August 24, 2006 Nancy Feig |
Federal Agencies Propose 'Red Flags' for Identity Theft Prevention In response to growing concerns over identity theft, on July 18, several federal agencies proposed a rule that would require financial institutions and creditors to implement identity theft prevention programs.  |
Insurance & Technology September 14, 2004 Ivan Schneider |
Penalties Upped for ID Theft Identity theft penalty enhancement act makes ID crimes more costly.  |
The Motley Fool December 30, 2004 |
Types of Identity Theft Learn what to look out for, and protect yourself!  |
Bank Technology News August 2009 John Adams |
United Nations of Identity Management Since most of the consortiums formed to promote interoperability among proprietary online identity management schemes have had results that can best be described as ironic, the Kantara Initiative has its work cut out for it.  |
InternetNews June 20, 2005 Clint Boulton |
Single Sign-On, The Java Way Sun's latest ID management products are designed to allow rights provisioning for partner users.  |
Bank Technology News February 2005 Holly Sraeel |
Hot on the ID Theft Trail: Will the Real Jane Doe Stand Up? Welcome to the world of identity theft, where the snatch of an individual's social security number begins that unsuspecting individual's downward financial spiral.  |
InternetNews May 9, 2005 Clint Boulton |
Big Blue Dips Into Federated ID IBM helps ensure secure transactions with other companies. Tivoli Federated Identity Manager (FIM) allows users to set up accounts and sign on to use internal and external services across a company and its partner Web sites.  |
Bank Technology News December 2008 Holly Sraeel |
ID Fraud Resolution? Yes. But Banks Need To Prevent It. But a greater focus on prevention, detection and resolution of ID fraud over the past four years has translated into big advances for banks.  |
Bank Technology News March 1, 2008 Glen Fest |
Thwarted On-Line, Crime Looks to Past A new identity theft report survey finds a continuing overall decline in fraud numbers and victims, but unfortunately a rapidly rising number of "vishing" and other hands-on alternatives to catching consumers off guard.  |
U.S. Banker May 2004 |
Counterfeit Checks are The Forgotten Fraud With all the attention on ID theft, old-fashioned check fraud is getting easier than ever. It may actually account for the majority of cases categorized as identity-related crime.  |
New Architect December 2002 Bret A. Fausett |
Your Money or Your Life? With the advent of digital IDs, crooks will have a choice.  |
JavaWorld February 2002 Todd E. Sundsted |
With Liberty and single sign-on for all An archipelago of disconnected authentication systems fractures your online persona into dozens or even hundreds of fragmentary identities. The Liberty Alliance Project seeks to solve this identity crisis with a single sign-on solution that will federate these independent authentication systems. But, will the benefits outweigh the costs?  |
The Motley Fool November 21, 2006 Dan Caplinger |
Get the FACTs, Jack: Part 2 Here is how to fix mistakes or fraud on your credit report.  |
Bank Systems & Technology May 5, 2007 Maria Bruno-Britz |
Fraud Techniques Evolve in Parallel with Bank Products and Defenses As fraudsters' techniques evolve alongside the products and services offered by financial institutions, new steps must be introduced to stop them.  |
InternetNews March 8, 2007 Clint Boulton |
Bet You Don't Know Who I Really Am When it comes to the Internet, consumers' finances are cannon fodder for opportunistic thieves.  |
Bank Technology News February 2011 John Adams |
WikiLeaks Wakes Up Fraud Innovation There's good reason for the banking industry to be alarmed: Prevailing AML protections designed to flag suspicious transactions won't sniff out "WikiLeaks-style" actions, which skirt most tech guards through via hard-to-detect internal access.  |
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.  |
Bank Technology News April 2004 Michael Grebb |
Forgotten Fraud: Counterfeit Checks Banks lost $698 million from scams in 2001  |