Mar 04, 2014 -The U.S. offers $1 billion in subsidies to Ukraine and prepares sanctions against Russia; a majority of bank ATMs in the United States face major cyber risks as the Windows XP operating system loses tech support; and a GAO report says the government needs to move on plans to maintain separate but interoperable electronic health records systems.
Oct 07, 2013 -In a world where consumers regularly use mobile devices to make purchases and take advantage of online banking options, financial institutions are working harder than ever to verify cardholder identities and prevent fraudulent transactions, said Visa, Inc., Head of Risk and Authentication Products Mark Nelsen, speaking on a panel at the Visa Global Security Summit 2013 in Washington, D.C. last week.
Feb 28, 2012 -The FBI has seen an increase in insider trading cases and an increase in involvement of organized crime groups in healthcare fraud schemes, among other trends identified in the FBI’s state of financial crime report released on Monday.
Oct 15, 2009 -The Financial Crimes Enforcement Network (FinCEN) has released a report on how the largest U.S. depository institutions conduct their Bank Secrecy Act (BSA) and anti-money laundering (AML) programs.
Feb 04, 2009 -Harry Markopolos, an investment expert, repeatedly warned the Securities and Exchange Commission about concerns he had with Bernard Madoff's investments, but the SEC ignored the warnings for a decade, Markopolos told a congressional committee.