Published By: Actimize
Published Date: Oct 10, 2007
According to the results of Actimize's 2007 Employee Fraud survey, which was managed by Infosurv, an independent research company, financial services institutions know that they have a significant and growing problem with employee fraud and are not fully prepared to handle the threat as attacks from organized crime, dissatisfied staff and financially distressed employees become more sophisticated.
Published By: Aladdin
Published Date: Aug 21, 2009
Identity theft is a major obstacle financial organizations must overcome to maximize the potential of online banking. USB strong authentication tokens with built-in smartcard technology combat identity theft and fraud, while helping banks meet regulatory compliance.
Man-in-the-Middle attacks can defeat most kinds of multi-factor authentication, including OTP tokens. Financial institutions, brokerages, and other likely targets of MITM attacks should consider the ability of their countermeasures to defeat MITM attacks, as these types of attacks will continue.
Published By: bitglass
Published Date: Aug 19, 2014
In this Gigaom Research Webinar, we will separate the real threats from the hype, identify the most common forms of security breaches, and discuss the tools and processes businesses can put in place to minimize exposure and damage.
With daily reports of network breaches on the way up, now is the time to double down on solid network protection. This whitepaper documents the evolution of data and identity theft and the strategic security approaches companies are taking to stay ahead of the curve.
Published By: CopiaTECH
Published Date: Mar 18, 2008
No longer worried about viruses, Trojan horses, worms, identity theft, and phishing scams? Do you feel as if you have gone the distance to protect your company and your network from impending doom? Sleep at night? Well, there is one tiny itty bitty little detail that can be a can of worms that makes a good old virus look quite friendly, the software license agreement.
Exposing data or suffering downtime not only creates risks to patient safety, supports identity theft and damages the hospital's reputation, but can also result in signi?cant HIPAA penalties. The costs include the time your staff spends responding to the attack and lost productivity when systems are unavailable or work needs to be redone. Investing in computer and network security is a smart ?nancial decision for hospitals.
Whether and organization or an individual, identity theft spells a long, expensive, and complex recovery process. However, online identity theft can be prevented with encryption software and advanced password protection.
The data security challenges for financial services providers—from the solo accounting professional to the midsize accounting firm to world’s largest corporation, from CPAs to CFPs to credit counselors—have never been as challenging as they are in today’s turbulent times. And although the large data breaches at the most recognizable companies receive the most publicity, small companies and solo offices can also be victims, according to the Better Business Bureau.
The data security challenges for financial enterprises have never been as challenging as they are in today's turbulent times. Not only must financial enterprises comply with regulations such as SOX, GBLA and PCI along with a multitude of state regulations concerning customer privacy and electronic data security, they must also guard against the staggering costs—both tangible and intangible—that a security breach can incur.
The data security challenges in the healthcare industry have never been as challenging as they are today. Not only must healthcare providers comply with HIPAA regulations concerning patient privacy and electronic data security, they must also guard against identity theft as well more complex scenarios of insurance data theft, medical identity theft and the adulteration of health records.
Fraud preventative solutions are designed to avert new accounts fraud before it occurs. The strategic advantage of fraud prevention therefore lies in the ability avoid losses to institutions and consumers.
Engagement with customers online has evolved from novelty to necessity, with an estimated $202 billion spent in 2011 and projected 10% growth to $327 billion in 2016, according to Forrester Research. Businesses are maneuvering to connect with the growing pool of online customers, but the move to eCommerce brings new security risks with the exchange of sensitive consumer information, including cardholder data and personally identifiable information that can enable identity theft. At stake is reputation of brand, ongoing access to merchant credit lines, and substantial penalties and remediation in the event of a breach.
This white paper elucidates the aspects of PCI DSS (Payment Card Industry Data Security Standards) compliance that must be considered when choosing a secure environment for servers involved in eCommerce. Whether deciding to outsource or keep data hosting in-house, any company collecting, storing or transmitting customer cardholder data needs to be compliant, and this document helps pinpoint the specific concerns and standards a company should be aware of when choosing how to keep their data secure. Understanding requirements and best practices for security policies and procedures, physical safeguards, and security technologies is essential to establishing cardholder data security and meeting QSA and SAQ audit requirements.
This white paper shows how integrated security suites can help organizations achieve high security and compliance with internal and external mandates, while also providing lower out-of-pocket costs, simplified management, and no compatibility issues.
With every new data breach revealed or costly identity-theft case reported, confidence in data security and the protection of private identity information transactions — and overall trust — erodes. This loss of confidence in online services and reputation can have a direct impact on trust from end-users, customers, employees, partners, vendors and more.
With significant advances in criminal threats — both in sophistication and sheer frequency — all enterprises are urged to bolster defenses, authenticate digital identities and safeguard sensitive information.
Entrust offers five specific best practices — with emphasis on strong authentication, identity assurance, mobile enablement and general layered security — that can help protect against targeted attacks now and over the long term.
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