Links in “Cybersecurity/Data Breaches”

Survey finds point-to-point encryption and tokenization come out ahead of EMV chip technology when it comes to effectiveness at reducing card fraud. [10/1/14]

Credit union leagues from 5 states have banded together to demand merchant accountability for data breaches. "They should lose money. They lost their customer data," says Paul Gentile, president/CEO of the Massachusetts, New Hampshire, and Rhode Island Credit Union Leagues. [9/30/14]

Y2K, Conficker, Heartbleed, Shellshock—will the human population grow weary of the endless parade of computer bugs? Are we there already? [9/30/14]

The FDIC jumps into the fray to give its advice regarding the security vulnerability known as Shellshock. [9/30/14]

The FFIEC is urging financial institutions to protect themselves against the most recent threat, the Shellshock vulnerability. The FFIEC has provided references to help institutions learn what the Shellshock vulnerability is, how to assess risk and what mitigation strategies to put into place. [9/29/14]

Dan Berger, CEO and President of NAFCU, wrote a letter to the President Barack Obama attempting to persuade him to place the responsibility of retail data breaches on the heads of the retailers, not financial institutions. [9/29/14]

Passwords are proving ineffective at preventing data breaches. What's more, consumers are frustrated by the growing number of passwords they have to maintain. Here are some alternatives to the password game. [9/29/14]

Southern Chautauqua FCU in Lakewood, NY ($61 million in assets) and First Choice FCU in New Castle, PA ($39 million in assets) filed suit last week against Home Depot for damages they incurred as a result of the massive data breach. In the suit, the credit unions assert that Home Depot knew about the breach before they made the situation known to the public. [9/25/14]

If we've learned anything about cybersecurity over the past few years, it's that it can happen to anyone. Just ask Target and The Home Depot. But that doesn't mean we're hopeless. Here are five things that you can do toward dealing with those threats. [9/25/14]

Home Depot underestimated its IT risks. Former employees say that when they sought new software and training, they were turned down with the response: "We sell hammers." [9/23/14]