Similar Articles |
|
Bank Technology News August 2006 Glen Fest |
Multi-Factor Authentication: Two-Factor Timing Twists Up Bankers The FFIEC's guidelines for adopting multi-factor authentication includes a hard deadline with apparently soft parameters. But will haste end up producing waste? |
Bank Technology News January 2009 Rebecca Sausner |
Banks Beef Up The Locks Many U.S. banks are now taking another look at their online authentication technology, and increasingly adding layers that involve out-of-band techniques and stronger fraud-detection engines. |
Bank Systems & Technology February 22, 2007 Michael Singer |
To Keep Consumer Trust, Try Tokens and Smart Cards Banks and other financial institutions should adopt stronger authentication measures, such as security tokens and smart cards, if they want to increase customer satisfaction with Internet banking, according to a panel of industry analysts. |
Bank Technology News August 2006 Glen Fest |
Choosing Authentication Solutions: Vetting Vendors, Soothing Customers Banks face tough choices today in building anti-fraud resiliency, from selecting providers to meeting user preferences. Will they be happy with those choices tomorrow? |
Bank Technology News September 2006 |
Homeland Insecurity One of the toughest battles for bankers may be in combating online security breaches and sophisticated money laundering schemes. |
Wall Street & Technology March 21, 2006 Paul Allen |
Add Another Bolt to the Cyber Door Due to enhanced and evolving cyber-threats, financial institutions now must implement some form of multifactor authentication or layered security to protect sensitive customer data. |
Bank Systems & Technology May 26, 2010 Matt Gunn |
Fiserv, PhoneFactor Partner For Phone-Based Multi-Factor Authentication Authentication services provider PhoneFactor and Fiserv announced a partnership that makes phone-based multi-factor authentication available through Fiserv's Corillian Online banking solution. |
Bank Technology News June 2004 Karen Krebsbach |
Firms Flirt with Out-of-Band Authentication Banks weigh whether this cumbersome technology is worth the bother for consumers, particularly for on-line banking. |
InternetNews August 18, 2005 Tim Gray |
Consumers' Online Security Concerns Rising A new study suggests that authentication technologies may help regain online users' trust. |
InternetNews July 20, 2006 Clint Boulton |
Entrust Signs Off on 'Zero-Touch' Entrust agreed to buy security software specialist Business Signatures for $50 million in cash. |
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. |
Bank Systems & Technology August 2, 2005 Phil Britt |
Fighting the New Face of Fraud Technology plays a critical role in banking fraud, both in creating new opportunities for fraud and offering new methods to defend against it. Financial services institutions must take a holistic approach to combating fraud. |
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. |
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. |
Bank Technology News October 2007 Glen Fest |
Authentication: Can You Protect Me Now? Banks have critical decisions to make regarding mobile's unique vulnerabilities, and there's been little consensus on the right security play for multi-factor authentication. |
InternetNews May 26, 2005 Tim Gray |
BofA Steps up Authenticity Plan Bank of America moved quickly to restore its reputation this week, announcing a new online authentication service it says will help prevent online fraud and identity theft. |
Bank Technology News February 2007 Glen Fest |
Identity Fraud: ID Theft Victims, Losses Take Welcome Nosedive New account vulnerabilities are toughened, but 'vishing,' limited alerts practices, and consumers' misguided personal trust in acquaintances still leave the doors wide open. |
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. |
Bank Systems & Technology June 26, 2006 Deena M. Amato-McCoy |
Closing the Door on Criminals Banks need a consistent approach to fraud assessment and prevention, otherwise they will never truly get ahead of the problem. |
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 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. |
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 Systems & Technology October 30, 2007 Nancy Feig |
Banks Using Mobile Phone for Out-of-Band Authentication Amid increasing pressure to protect customers online, some of the largest global banks are turning to out-of-band authentication to fortify their Web banking services. |
InternetNews February 7, 2007 Clint Boulton |
RSA Grows Its Data Protection Mix RSA, EMC's security division, moved to expand its strategy for securing encryption endpoints in corporate networks by agreeing to purchase Valyd Software Private Ltd. for an undisclosed sum. |
Bank Systems & Technology December 21, 2009 Nathan Conz |
Fraud: Social Media Heightens New Threats As fraudsters increasingly seek to exploit weaknesses in consumers' defenses through social engineering schemes rather than hack vulnerabilities in banks' security systems, the need for enterprisewide solutions to detect fraud across channels is greater than ever. |
Bank Technology News November 2007 Glen Fest |
Online Authentication: Multifactor Race Nears Finish Line Nearly a year after half of all U.S. institutions missed the deadline to adopt stricter FFIEC guidelines for online authentication, analysts say that banks have finally, and almost universally, put their multifactor and other risk-mitigation layers in place. |
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. |
InternetNews February 16, 2007 Clint Boulton |
Jonathan Fisher, CEO, Bharosa Security vendor Bharosa looks to protect corporate data with multifactor authentication and fraud detection. |
Bank Technology News March 2004 Karen Krebsbach |
The Other Victims of ID Fraud Banks ID fraud is morphing into a throbbing migraine for financial services firms charged with twin challenges of increased responsibility to protect consumers and greater pressure to defend their own bottom line. |
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 Technology News April 2005 John Adams |
The Cost of Doing Business The debate over multi-factor authentication for electronic transactions is growing louder, and many say industry-wide use is virtually inevitable for banks. So why is almost nobody doing it? |
InternetNews June 29, 2006 Paul Shread |
EMC Acquires RSA EMC announced late Thursday that it will acquire RSA Security for about $2.1 billion. |
U.S. Banker December 2005 |
Authentication: FFIEC Commands Two-Factor ID by 2006 The Federal Financial Institutions Examination Council issued guidance requiring multi-factor authentication for on-line banking customers by the end of 2006. |
InternetNews December 5, 2005 Jim Wagner |
RSA Buys For The Bank, Restructures Identity and access management experts RSA Security got a little more secure with the $145 million purchase of anti-fraud and anti-phishing software vendor Cyota. |
Bank Systems & Technology July 22, 2008 Orla O'Sullivan |
RSA Offers New Security Tokens for Online Banking RSA says one U.S. bank and several abroad are testing the Bedford, Mass.-based vendor's first security token modeled on a credit card. |
Bank Systems & Technology February 29, 2008 Nancy Feig |
Internal Fraud Still a Danger as Banks Adjust Strategy Internal fraud occurs every day at banks across the world. New internal fraud-detection technologies allow banks to identify suspicious employee behavior. |
Bank Technology News June 2006 Rubina Johannes |
The Demographics Of ID Fraud Not every group is victimized, or protected, in the same way or at the same level. Javelin examines how incidents and precautions differ based on age, income and ethnicity. |
InternetNews September 22, 2006 Drew Robb |
EMC Secures Its Future EMC's acquisition of RSA is the latest move in its ambition to become a general IT vendor. |
InternetNews November 8, 2005 Clint Boulton |
Liberty Needs to Know Who You Are The Liberty Alliance Project creates a group to help companies bring authentication into their folds. |
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 Technology News December 2009 Rebecca Sausner |
Out-of-Band Authentication Gets Outfoxed Banks in the United Kingdom are battling fraudsters that have found a way to compromise out-of-band authentication-an approach supported by many fraud experts. |
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. |
Bank Technology News March 2007 Holly Sraeel |
Protecting Data Online Is a Top Priority for Consumers Today, consumers recognize that fraud is no laughing matter. According to a study, 41% of respondents would decrease their use of online banking or switch institutions in the wake of a data breach. |
U.S. Banker March 2008 Glen Fest |
ID Theft: Thwarted Online, Fraud Goes Low-Tech Again More criminal enterprises are shifting toward off-fashioned "vishing" methods and other inexpensive alternatives to catching unwitting consumers off guard. |
Bank Technology News December 2007 |
Scoring Banks' Compliance With FFIEC Guidelines Compliance with FFIEC guidelines brought out the worst in many bankers. So how did banks do in terms of compliance? |
Bank Systems & Technology February 18, 2009 Ashfield & Shroyer |
Security Management: An Ongoing Challenge for Banks Banks face a difficult challenge in the area of security management. |
Bank Technology News March 2011 Michael Sisk |
ID Theft Declined in 2010 ... or Did It? A Javelin Strategy & Research survey of consumers found that the number of identity fraud victims fell 28 percent last year. |
U.S. Banker April 2011 |
Noted & Noteworthy A recently released survey from electronic-payments firm ACI Worldwide found that nearly one-third of consumers say they were victims of credit or debit card fraud in 2010. |
InternetNews March 11, 2005 Jim Wagner |
New Service to Put ID Protection in Your Hands Amid a flurry of data theft issues, Intersections readies an in-depth service to police who's trying to use all your data. This can help you spot identity theft. |
Bank Technology News October 2009 Michael Sisk |
Wire Fraud's Growing Threat Just how big a problem wire fraud has become is a matter of some debate -- confusion fueled in part by banks' and businesses' reluctance to speak openly about it. |