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Financial Privacy
      
Date Article Title Publication Author Synopsis
6/23/2009 U.S. May Drop Case Against UBS New York Times   The U.S. Justice Department might drop its case against Switzerland's largest bank.
6/16/2009 Obama wants new financial agency for consumers Associated Press Anne Flaherty and Jim Kuhnhenn A report on the Obama administration's proposed sweeping changes to financial services regulation. 
6/5/2009 State privacy law not hurting banks, feds say San Francisco Chronicle Bob Egelko In response to a U.S. Supreme court request, the Justice Department filed its opinion on California's financial privacy law; saying that the high court should not hear an American Bankers Association (ABA) request for appeal.
4/28/2009 Privacy notices work best in table form, says US Government research Out-Law News   Bank customers best understand privacy and information sharing policies when they are structured as a table rather than as solid text, a study for the US government has found.
4/24/2009 Device identification in online banking is privacy threat, expert says  CNET News Elinor Mills A widely used technology to authenticate users when they log in for online banking may help reduce fraud, but it does so at the expense of consumer privacy, a civil liberties attorney said.
4/15/2009 SEC Reopens Public Comment Period on Proposal for Model Privacy Form RTTNews   Consumers have tested a model privacy form developed to help them easily compare financial institutions' privacy policies.
4/15/2009 Debit card info top of hacker wish list iT News Brett Winterford A new report shows hackers are focusing more of their efforts on financial services companies, with debit card data becoming the main attraction.
4/2/2009 State Supreme Court upholds privacy of bank records The Star Ledger Mary Fuchs New Jersey's Supreme Court ruled on Wednesday that banks may not release a customer's account information without a court order.
4/2/2009 Leaders see end to banking secrecy Financial Times Alex Baker & Vanessa Houlder & Jamil Anderlini G20 leaders predicted an end to banking secrecy.
3/25/2009 Coalition Urges Obama to Defend California Financial Privacy Law California Progress Report Richard Holober A coalition of advocacy groups is urging the Obama administration to defend California's landmark financial privacy law.
7/23/2008 Most Bank Sites Are Insecure Information Week Thomas Claburn In a study of the Web sites of more than 200 financial institutions, University of Michigan researchers found that more than 75 percent are vulnerable to customer data compromises. 
6/3/2008 Q & A with IAPP Practical Privacy Series Speakers IAPP  Chris Wolf Financial services professionals are among those across myriad sectors working to come into compliance with measures aimed at preventing identity theft and strengthening data protection principles. 
6/3/2008 Q & A with IAPP Practical Privacy Series Speakers IAPP  Chris Wolf Financial services professionals are among those across myriad sectors working to come into compliance with measures aimed at preventing identity theft and strengthening data protection principles. 
5/15/2008 South Africa:  New Law Gives FSB Leeway on Privacy allAfrica.com Linda Ensor The South African Financial Services Board (FSB) may get new powers to disclose confidential information in the interest of better regulating financial services institutions. 
5/15/2008 South Africa:  New Law Gives FSB Leeway on Privacy allAfrica.com Linda Ensor The South African Financial Services Board (FSB) may get new powers to disclose confidential information in the interest of better regulating financial services institutions. 
4/28/2008 Phishing Season:  Fraudsters Step Up Attacks on Financial Institutions Bank Info Security Linda McGlasson A small scale phishing attack on a credit union in Arizona prompted employees into quick action to track down the fraudsters. The attack came to employees via text message, and the credit union was able to track down the company that owned the phone number and send a cease-and-desist letter, blocking all incoming calls from the number. 
4/28/2008 Phishing Season:  Fraudsters Step Up Attacks on Financial Institutions Bank Info Security Linda McGlasson A small scale phishing attack on a credit union in Arizona prompted employees into quick action to track down the fraudsters. The attack came to employees via text message, and the credit union was able to track down the company that owned the phone number and send a cease-and-desist letter, blocking all incoming calls from the number. 
3/27/2008 United States, IT & Telecoms, SEC Seeks to Better Protect Investors' Privacy With Proposed Amendments to Regulation S-P Mondaq Proskauer Rose LLP  The Securities and Exchange Commission (SEC) intends to better protect investors from privacy breaches by beefing up Regulation S-P rules. The proposed new guidelines call for data breach notifications requirements, broadening the safeguards rule, and will align SEC privacy guidelines more closely with those of other federal agencies.
3/27/2008 United States, IT & Telecoms, SEC Seeks to Better Protect Investors' Privacy With Proposed Amendments to Regulation S-P Mondaq Proskauer Rose LLP  The Securities and Exchange Commission (SEC) intends to better protect investors from privacy breaches by beefing up Regulation S-P rules. The proposed new guidelines call for data breach notifications requirements, broadening the safeguards rule, and will align SEC privacy guidelines more closely with those of other federal agencies.
3/14/2008 They Watched Spitzer and they watch you ABC News Scott Mayerowitz From a $30 dinner purchase to much larger sums, if tied to a bank, your every financial move is being monitored, says an ABC News report. Where your data ends up depends upon the nature of your transactions.
3/14/2008 They Watched Spitzer and they watch you ABC News Scott Mayerowitz From a $30 dinner purchase to much larger sums, if tied to a bank, your every financial move is being monitored, says an ABC News report. Where your data ends up depends upon the nature of your transactions.
2/22/2008 Opinion: Experian Disingenuous In Making LifeLock Claim American Chronicle Denise Richardson Writing for the American Chronicle, consumer credit expert and advocate Denise Richardson says that credit bureau Experian's claims that ID theft prevention firm LifeLock is making fraudulent claims in its marketing is a case of the pot calling the kettle black.
2/22/2008 Opinion: Experian Disingenuous In Making LifeLock Claim American Chronicle Denise Richardson Writing for the American Chronicle, consumer credit expert and advocate Denise Richardson says that credit bureau Experian's claims that ID theft prevention firm LifeLock is making fraudulent claims in its marketing is a case of the pot calling the kettle black.
2/21/2008 Liechtenstein Toughens Financial Privacy Rules International Herald Tribune Eric Pfanner The government of Liechtenstein is rewriting the rules governing its financial foundations, used as tax havens by many wealthy Europeans, to protect the identities of account holders. 
2/21/2008 Liechtenstein Toughens Financial Privacy Rules International Herald Tribune Eric Pfanner The government of Liechtenstein is rewriting the rules governing its financial foundations, used as tax havens by many wealthy Europeans, to protect the identities of account holders. 
2/8/2008 Insiders Are Biggest Threat To Data Security  CXO Today Tabrez Khan The dangers that insider data theft pose to data operations, especially those in banking, financial services and insurance industries, particularly when those industries engage third parties, such as contractors and off shore data processing firms.
2/8/2008 New PCI Rules On Horizon  Information Week George Hulme George Hulme warns Web merchants in his InformationWeek Security Weblog that they'd better get up to speed with the new Payment Card Industry Data Security Standards (PCI DSS) coming in June. 
2/8/2008 Insiders Are Biggest Threat To Data Security  CXO Today Tabrez Khan The dangers that insider data theft pose to data operations, especially those in banking, financial services and insurance industries, particularly when those industries engage third parties, such as contractors and off shore data processing firms.
2/8/2008 New PCI Rules On Horizon  Information Week George Hulme George Hulme warns Web merchants in his InformationWeek Security Weblog that they'd better get up to speed with the new Payment Card Industry Data Security Standards (PCI DSS) coming in June. 
1/31/2008 Georgia Considers $3 Credit Freeze Atlanta Journal Constitution Ben Smith By a 167-2 vote this week, the Georgia House overwhelmingly passed a bill that would help protect consumers from identity theft by offering them the ability to freeze credit for only $3. 
1/31/2008 Georgia Considers $3 Credit Freeze Atlanta Journal Constitution Ben Smith By a 167-2 vote this week, the Georgia House overwhelmingly passed a bill that would help protect consumers from identity theft by offering them the ability to freeze credit for only $3. 
1/2/2008 Mortgage Company Settles FTC Charges Related To Improper Document Disposal Originator Times   American United Mortgage Co. must pay a $50,000 civil penalty for violations of the Disposal Rule. The company also is required under a stipulated judgment and final order to comply with the Disposal, Safeguards and Privacy rules.
1/2/2008 Mortgage Company Settles FTC Charges Related To Improper Document Disposal Originator Times   American United Mortgage Co. must pay a $50,000 civil penalty for violations of the Disposal Rule. The company also is required under a stipulated judgment and final order to comply with the Disposal, Safeguards and Privacy rules.
12/17/2007 Consumer Advocates Say FTC Too Lenient With Credit Agencies USA Today Byron Acohido & Jon Swartz This article explores criticism from consumer advocates that the Federal Trade Commission (FTC) has failed to more stringently regulate the sale of credit data to lenders and consumers. 
12/17/2007 Consumer Advocates Say FTC Too Lenient With Credit Agencies USA Today Byron Acohido & Jon Swartz This article explores criticism from consumer advocates that the Federal Trade Commission (FTC) has failed to more stringently regulate the sale of credit data to lenders and consumers. 
12/11/2007 Financial sector gears for new laws Australian IT Karen Dearne The new Minister for Home Affairs, Bob Debus, has warned the financial sector not to drag its heels on tough new "know your customer" anti-money laundering rules which come into effect tomorrow.
12/11/2007 Financial sector gears for new laws Australian IT Karen Dearne The new Minister for Home Affairs, Bob Debus, has warned the financial sector not to drag its heels on tough new "know your customer" anti-money laundering rules which come into effect tomorrow.
12/10/2007 Expert: Banks Should Contribute Toward Anti-Phishing Efforts Computer World Randal Jackson Auckland Thom Hooker, Director of Operations at SMX, an anti-spam and anti-virus email service provider, is challenging banks in New Zealand to make a change to their Internet address protocols to help cut down on the number of spam emails disguised as communications from banks.
12/10/2007 Expert: Banks Should Contribute Toward Anti-Phishing Efforts Computer World Randal Jackson Auckland Thom Hooker, Director of Operations at SMX, an anti-spam and anti-virus email service provider, is challenging banks in New Zealand to make a change to their Internet address protocols to help cut down on the number of spam emails disguised as communications from banks.
12/6/2007 Opinion: Rules For All Seeking To Build, Audit Privacy Programs Computer World Jay Cline The benefits of the Generally Accepted Privacy Principles (GAPP), which some experts embrace as the best international framework for achieving compliance with increasingly complex global privacy regulations.
12/6/2007 Opinion: Rules For All Seeking To Build, Audit Privacy Programs ComputerWorld Jay Cline The benefits of the Generally Accepted Privacy Principles (GAPP), which some experts embrace as the best international framework for achieving compliance with increasingly complex global privacy regulations.
11/13/2007 Debit Card Signature Transactions Leave Banks Vulnerable  The Boston Globe Ross Kerber Mounting use of debit card signature transactions is leaving many financial institutions exposed to fraud, according to this article in the Boston Globe. 
11/13/2007 Debit Card Signature Transactions Leave Banks Vulnerable  The Boston Globe Ross Kerber Mounting use of debit card signature transactions is leaving many financial institutions exposed to fraud, according to this article in the Boston Globe. 
11/9/2007 Opinion: Biometric Signature Verification Systems Hold Promise As Anti-Fraud Solution Bank System & Technology Dr. Tatiana Vazioulina Dr. Tatiana Vazioulina of Parascript, which uses patented digital image analysis and pattern recognition technologies to glean relevant information from images, explores in this column the potential for signature verification "to alleviate security breaches and offer solutions to key challenges, such as financial theft and fraud." 
11/9/2007 Opinion: Biometric Signature Verification Systems Hold Promise As Anti-Fraud Solution Bank System & Technology Dr. Tatiana Vazioulina Dr. Tatiana Vazioulina of Parascript, which uses patented digital image analysis and pattern recognition technologies to glean relevant information from images, explores in this column the potential for signature verification "to alleviate security breaches and offer solutions to key challenges, such as financial theft and fraud." 
11/8/2007 VISA Continues Work On New Security Standard  Computer World Jaikumar Vijayan The Payment Card Industry (PCI) Security Standards Council, which manages the PCI data security requirements, is supporting Visa Inc.'s proposal for new best practices related to third-party application software for retailers.
11/8/2007 VISA Continues Work On New Security Standard  Computer World Jaikumar Vijayan The Payment Card Industry (PCI) Security Standards Council, which manages the PCI data security requirements, is supporting Visa Inc.'s proposal for new best practices related to third-party application software for retailers.
10/29/2007 FAQ: What Visa's payment application security mandates mean Computer World Jaikumar Vijayan Visa last week issued new mandates that require any company that accepts credit cards to ensure that all third-party payment applications used to store, process or transmit consumers' card data are in compliance with Visa's minimum security requirements. 
10/29/2007 Trademark Infringement Meets Consumer Privacy InternetNews.com Catherine Pickavet A trademark case between two financial firms has revealed that customers of one company were unwittingly emailing sensitive data, including Social Security numbers, to the wrong company with a similar name. 
10/29/2007 FAQ: What Visa's payment application security mandates mean Computer World Jaikumar Vijayan Visa last week issued new mandates that require any company that accepts credit cards to ensure that all third-party payment applications used to store, process or transmit consumers' card data are in compliance with Visa's minimum security requirements. 
10/29/2007 Trademark Infringement Meets Consumer Privacy InternetNews.com Catherine Pickavet A trademark case between two financial firms has revealed that customers of one company were unwittingly emailing sensitive data, including Social Security numbers, to the wrong company with a similar name. 
 
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