Obama signs federal credit cards security order
President Barack Obama has signed an executive order to increase security on federal credit cards, and has urged retailers and banks to do similar to combat identify fraud, reports Reuters.
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President Barack Obama has signed an executive order to increase security on federal credit cards, and has urged retailers and banks to do similar to combat identify fraud, reports Reuters.
Representative Mike Rogers, Chairman of the Permanent Select Committee on Intelligence, said that Congress needs to act quickly, in an interview with NBC this week. The websites of major U.S. banks have been offline for 249 hours in the past six weeks, due to a series of sustained cyber attacks by an unknown foreign group.
A survey of UK consumers, sponsored by telecoms supliers Avaya and Sabio had some worrying results for the financial sector.
A Barclays employee accessed her partner’s ex-wife’s bank statements when he was involved in a legal dispute over the terms of a divorce settlement.