For the 12th year in a row, identity theft complaints top the list of consumer complaints [PDF] received by the Federal Trade Commission. 15% of more than 1.8 million total complaints filed in 2011 involved identity theft.

Javelin Strategy & Research…

A “Logic Bomb” isn’t really logical, it’s a virus, designed to take down your corporate network and disable existing systems that may monitor data, protect it, back it up or access it. A logic bomb is designed to multiply like any virus and spread throughout a network multiplying its effects.

In a Wall Street Journal story an example provided, depicts an employee at Fannie Mae, knowing he is about…

Today’s banks aren’t your “Dads’” bank. Having been around for hundreds of years, banks are a significant part of our everyday lives. Traditionally, banks haven’t been known for their “thought leadership” in technology, but today’s banks have to be cutting edge to compete, and stay secure.

All the conveniences of digital banking have its set of risks which requires upgrades in card technologies and authentication. In response banks have provided numerous methods for protecting your…

Over the past 5 years a scam known as electronic funds transfers at the point of sale (EFTPOS ) skimming. People commonly swipe both credit and debit cards through the in-store machines to pay for goods and services and hackers have figured out how to skim customer cards.

BankInfoSecurity reports “The news is just one in a growing line of POS skimming fraud schemes. From the Michaels POS PIN pad swapping scam, which hit in May, to the Save Mart Supermarkets self-checkout breach…

Consumers tend to be oblivious to the various layers of security financial institutions utilize to protect their bank accounts. But having a better understanding of what occurs behind the scenes can help consumers adapt to influential new technologies.

The Federal Financial Institutions Examination Council responds to innovations and increases in cybercrime with updated security guidelines…