U.S. banks and their customers are doing a better job of protecting themselves against cyber attacks that result in thieves taking over commercial accounts, according to a survey released by the Financial Services-Information Sharing and ...
Tags: account takeovers, American Bankers Association, banks, cyber threats
For all the apocalyptic prognostications, 2012 turned out to be a relatively uneventful year from an information security standpoint. A cyber Pearl Harbor did not happen. Stuxnet and its kin did not take out any power grids or shut down ...
Tags: apocalyptic prognostications, 2012, information security, cyber
A federal judge has rejected BancorpSouth's plan to use contractual agreements with customers as a shield against liability claims stemming from an online heist of some $440,000 that was illegally wire-transferred from the account of one of ...
Tags: federal judge, BancorpSouth, online heist