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A new report shows improper coding practices for mobile applications could pose a huge security threat for sensitive personal information, including full names, passwords, financial transactions and health records. This data should be protected by back-end protocol that is not currently … Continue reading →
Nearly two-thirds (64%) of consumers said they would be unlikely to do business with a company that had experienced a breach where financial information was stolen, according to a global survey by Gemalto. 49% would no longer use a company … Continue reading →
On Tuesday, the House Financial Services Committee voted in favor of the Data Security Act of 2015 (HR 2205) by an overwhelming 46-9 vote. The Act is designed to heighten information security programs throughout the country and ensure transparent reporting … Continue reading →
The American Bankers Association recently disclosed details about a data breach that compromised roughly 6,400 usernames and passwords on the association's website. The group confirmed the computer systems were compromised last Thursday, but they do not believe that any financial … Continue reading →
Walmart Prepares to Offer Low-Cost Checking Accounts Here comes Wal-Bank. After years of thwarted efforts to break into banking, Walmart is making its biggest foray yet into everyday financial services. Walmart, the nation's largest retailer, is teaming up with Green … Continue reading →
The recently discovered eBay hack has the potential to be even larger than last year's Target breach. If the latest reports are true, the eBay breach may have compromised more than 100 million users' account passwords. eBay suspects the hackers … Continue reading →
Microchips in our Passports and Credit Cards: Are They Safe? U.S. passports have them. And these days, many more U.S. credit cards are starting to carry them, too. The tiny plastic chips embedded in passports and credit cards are primarily … Continue reading →
According to the Unisys Security Index Report, an increasing number of Americans are "very" concerned about the security of their financial information. Only 28% of Americans said they were "very" concerned in 2013, but 35% reported the same level of … Continue reading →
A new study by the AARP shows that a large majority of couples are honest about their financial information. Most do not have hidden bank accounts and secret purchases are rare. The most common financial secrets were about lending money to … Continue reading →