Tag Archives: cybercrime

Top 5 Security Practices for Financial Institutions to Defeat Online Identity Attacks

February 10, 2014 by Mark Reeves     No Comments

The Bank of England (BoE) recently simulated a major cyber-attack against the British financial system that yielded some disturbing results: many of the UK’s largest financial institutions are unprepared for large-scale online identity-based attacks. More surprisingly, many of them are also uneducated on how to detect and report cyber security breaches. The Telegraph UK reported [Read More...]

FS-ISAC Helps Financial Services Fight Cybercrime

November 30, 2011 by Mike Byrnes     No Comments

FS-ISAC (Financial Services Information Sharing and Analysis Center) is a highly organized, well-managed, security-focused organization that fosters a growing community of financial institutions and security vendors to collaborate in fighting cybercrime. Entrust is proud to be an ongoing sponsor and the FS-ISAC Fall Summit in Washington D.C. is in full swing. I had the privilege [Read More...]

Filed Under: Fraud Tagged With: FS-ISAC

An appropriate fate — Ocean Bank fined $11 million for poor controls in latest fraud case

August 25, 2011 by Mike Byrnes     No Comments

As my grade 11 accounting teacher used to say, “It all comes out in the wash!” And he was right. Sooner or later, things have a way of “righting” themselves. When you’re in a tough situation and life doesn’t seem fair, this statement is not always easy to believe. But in my experience, somehow, in [Read More...]

Filed Under: Fraud Tagged With: bank fraud, cybercrime, FDIC

A Platform Approach to Authentication. . . ‘cause you just can’t keep changing things out!

June 7, 2011 by Scott Perry     No Comments

Last week I was pretty proud of myself when I came up with the term “Breach Speed” (See: “When things are moving just a little too quickly . . .  the whirlwind of data breaches” ); and I know my colleagues have had to live with me being a little more insufferable than usual , [Read More...]

Entrust President and CEO Bill Conner Weighs in on the National Strategy for Trusted Identities in Cyberspace

July 20, 2010 by Mark Joynes     No Comments

As part of President Obama’s Cyberspace Policy Review, a drafted strategy known as the National Strategy for Trusted Identities in Cyberspace (NSTIC) was released to the public for review and comment June 25 through July 19. Developed in collaboration with key government agencies, business leaders and privacy advocates, NSTIC acknowledges the nation’s need for a trusted [Read More...]