FICO's Mike Urban says more questions than answers surround the Durbin amendment's future impact on fraud prevention. But bankers and the Fed may get a two-year reprieve to evaluate the legislation, if a new bill now before the Senate passes.

Gigi Hyland of the NCUA says the latest draft of online authentication guidance is awaiting final signoff from just one FFIEC member agency. And Verizon's new data breach report finds that compromised records resulting from data breaches dropped dramatically in 2010, but the number of breaches continues to grow.

Gigi Hyland of the NCUA says the latest draft of online authentication guidance is awaiting final signoff from just one FFIEC member agency. And Verizon's new data breach report finds that compromised records resulting from data breaches dropped dramatically in 2010, but the number of breaches continues to grow.

From mobile devices to social media and cloud computing, IT governance is all about risk management. "You can't de-risk everything, but you can de-risk the majority of circumstances you will see in normal operations," says governance expert Robert Stroud.

The latest Verizon Data Breach Investigations Report is out, and the good news is: The number of compromised records is down. The troubling news is: The number of breaches is up. Bryan Sartin, one of the report authors, explains why.

The Heartland hacker says the U.S. government was aware of his illegal activities, and an ID security expert talks about phishing threats in the wake of the Epsilon breach.

The Heartland hacker says the U.S. government was aware of his illegal activities, and an ID security expert talks about phishing threats in the wake of the Epsilon breach.

Altra Federal Credit Union developed a calculated strategy before moving to the cloud -- advice all financial institutions should follow, says Brian Boettcher, VP of IT, who shares his lessons learned.

The bad news is that banks and businesses have not made great progress in the fight against account takeover fraud. The good news is: They have the strategies and tools to win this fight in 2011.

As Congress and the White House look for ways to cut the federal budget, one area that could prove dicey is IT security, contends Department of Homeland Security's Philip Reitinger.