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Here is the latest information on IT security relating to the financial sector, including breaking news and timely feature articles and opinions contributed by industry leaders.

Latest Financial News

New security standards for mobile payments coming

Angela Moscaritolo June 18, 2009

A financial services technology group is developing standards for making secure mobile payment transactions.

FTC releases FAQs on Red Flags Rules

Angela Moscaritolo June 12, 2009

A new frequently-asked-questions document aims to clear up some of the confusion around the Red Flags Rules.

Identity theft ring busted in New York

Chuck Miller May 28, 2009

Using financial information purchased from crooked bank insiders, a ring of thieves stole millions of dollars.

U.S. missile defense information found in disk bought on eBay

Angela Moscaritolo May 07, 2009

A hard disk containing the launch procedures for a U.S. military missile defense system was recently purchased on eBay.

FTC extends Red Flags Rule enforcement three more months

Angela Moscaritolo May 01, 2009

The day before the Federal Trade Commission was to begin enforcing the Red Flags Rule, the agency announced the deadline for compliance will be extended for the second time, until Aug. 1.

Database encryption: Top tips for protecting your company's most sensitive data

Christian Kirsch, senior manager, international product marketing, THALES Information Systems Security March 23, 2009

Strong security is all about reducing the attack surface available to hackers and malicious users.

CASE STUDY: Stock Yards Bank & Trust

Greg Masters February 13, 2009

A biometric solution helps Stock Yards Bank & Trust manage passwords and aids in compliance efforts.

Was Scott McNealy right?

Luther Martin, chief security architect, Voltage Security February 05, 2009

Privacy may be an admirable goal, but it's not clear that people really want it.

Versatile authentication: The next logical step for the financial services sector

Philip Hoyer, technical architect, ActivIdentity EMEA December 04, 2008

Banks must encourage customers to use online facilities and to protect existing internet customers from fraud.

Economic crisis reveals regulatory opportunities

John H. Capobianco, president and CEO, Lumigent Technologies December 02, 2008

The Obama administration and 111th Congress will be looking for opportunities in regulatory reform, seeking to improve transparency and accountability.