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Chargeback Relief: Does It Go Far Enough? Is It Fair to Issuing Banks?

Reacting to strong complaints from retailers, three major card brands have finally taken steps toward reducing the amount of counterfeit fraud chargebacks to U.S. merchants, which began as a result of the EMV fraud liability shift last October.

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Chargeback Relief: Does It Go Far Enough? Is It Fair to Issuing Banks?

Reacting to strong complaints from retailers, three major card brands have finally taken steps toward reducing the amount of counterfeit fraud...

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1 min read

Will Your Cyber Insurance Cover That?

What does your cyber insurance policy cover?

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2 min read

Is an Internal Penetration Test Now More Important Than an External Pen Test?

Ancient Akkerman fortress at Belgorod-Dnestrovsky, near Odessa, Ukraine The status quo for community financial institutions when it comes to...

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Getting Called Out on Cybersecurity

Seventy-seven percent of respondents to Bank Director’s 2016 Risk Practices Survey identified cybersecurity as their number one risk concern—and yet...

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1 min read

Why Credit Unions Should Start Selling Cyber Security

I believe that cybersecurity is an enabler. Without it, banks and credit unions could never offer the awesome products that are available to their...

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2 min read

Evolution in the Business Model Changes the Way Banks must Approach Cybercrime

Safety concept: computer keyboard with Opened Padlock icon and word Cyber Crime on enter button background, 3d render Financial Institutions need to...

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1 min read

Creating a Simple Threat Information Sharing Policy to Achieve Baseline Compliance

Several clients of mine have asked about adopting a threat information sharing policy to move towards baseline compliance in the FFIEC Cybersecurity...

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1 min read

Three Critical Challenges for Bank Audit Committees - #1: Cybersecurity

Because Cybersecurity is a business issue, not just an IT issue, the risk that it brings should be addressed by all areas of the financial...

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1 min read

Need Ideas for Incident Response Testing? Look no Further than the FDIC Cyber Challenges

Incident Response testing is critical. A lot of banks are doing it, but some still aren't. It is required to achieve Baseline maturity in the 2015...

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