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Home » Topics » Sectors » Banking/Finance/Insurance

Banking/Finance/Insurance
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Compliance Executives Nervous as Regulatory Climate Shifts

DOJ and SEC statements driving CCO concerns over changes in compliance regulations and scrutiny
April 18, 2016

Eighty-one percent of compliance officers have increased apprehension when it comes to their personal liability in situations of corporate misconduct, according to a new survey released by lawfirm DLA Piper. This uneasy adjustment stems from shifts in tone from Washington, DC, including the appointment of Hui Chen as the Justice Department’s first compliance counsel, and the release of the Yates Memo outlining a plan to prosecute individual corporate employees and incentivize reforms, according to the 2016 Compliance Risk Report: CCOs Under Scrutiny. 


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ATM Compromises in US Jumped Six-Fold in 2015

April 8, 2016

The number of ATMs in the US compromised by criminals rose 546 percent in 2015 over 2014, according to analytic software firm FICO.


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Shoppers Blame Retailers for Security Breaches

March 28, 2016

When it comes to security breaches, consumers are clear about who they hold responsible.


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EMV Merchant Adoption Slower Than Expected

March 13, 2016

Only 37 percent of U.S. merchant locations are EMV-ready four months after the October 1st, 2015 liability shift.
 


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Report Says One Third of Global Firms Now Hit by Cybercrime

February 26, 2016

Economic crime is on the rise, with cybercrime affecting almost a third of global businesses, according to a survey by PwC.
 


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Heartland, Smart Card Alliance Collaborate to Improve Payments and Data Security

February 17, 2016

Heartland Payment Systems announced it has worked with the Smart Card Alliance to launch the National Center for Advanced Payments and Identity Security, a new training facility hosted by the Alliance.
 


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Microsoft Testing Underwater Data Centers

February 3, 2016

Microsoft is working to put data centers under water.
 


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Study Reveals Lack of Confidence in Mobile Payments

January 26, 2016

With acceptance of mobile and other new forms of payments expected to double in the next two years, a new global study shows a critical need for organizations to improve their payment data security practices.
 


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GEICO 1st Auto Insurer in NY to Offer Digital ID Cards

December 4, 2015

GEICO has become the first insurer in New York State to complete the certification process through the DMV to allow customers to begin using electronic ID cards on their smart phones and electronic devices.


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Survey Finds Biometrics More Secure than Usernames and Passwords

December 4, 2015

An independent survey of online shopping trends found that 90 percent of participants think that passwords provide little or no security, yet they are still the main way people access their accounts.


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