Tag: Online banking

Banks Are Up to the Challenge of Combating Fraud

Posted on 09 April 2013 by

When it comes to online banking fraud, the numbers tell the story: $21 billion: The amount stolen due to identify fraud. $3 billion: The amount stolen by cybercriminals from US banks, businesses and municipalities using financial malware. 39 percent: The amount of all computers infected with financial malware. 150 percent: The rate at which online […]

Enterprise Security

Linking up the debate

Posted on 21 December 2012 by

Following my recent post on just how free America is when it comes to enterprise security and the CIO responsibility I had an interesting exchange on LinkedIn with a peer, Anders Rundgren of PrimeKey Solutions, who evolved the discussion. I like to share these conversations on our blog as I advocate the education and analysis […]

Enterprise Security

What are you revealing online?

Posted on 27 December 2012 by

Social networks have led us to share more than perhaps others would care to know: your state of mind at that party last week; the apple pie you just baked; or the exciting fact that gray clouds are hovering overhead. But there are people out there who are very interested in seeing exactly what you […]

Enterprise Security

Patco ACH Fraud Case: Banks Need To Take Stronger Security…

Posted on 16 July 2012 by

What’s a “commercially reasonable” amount of security for a bank? We got one answer last week when a federal appeals court reversed a lower court’s ruling on the Automated Clearing House (ACH) fraud dispute between Patco Construction and Ocean Bank.  Patco sued Ocean Bank for having “commercially unreasonable” security in place after Patco lost more […]

Enterprise Security

Would NFC and mobile banking be better targeted at emerging…

Posted on 27 February 2013 by

Continuing our series of responding to mobile questions from influential bloggers, our latest question comes from our good friend, Jon Choo. Jon has more experience than most in the field of NFC payments, having recently taken part in Gemalto’s Contactless Challenge. For this, Jon (and his opposing number, Mobile Industry Review’s Ewan MacLeod) was tasked with carrying out a […]

Mobile