Larry Ponemon writes an opinion piece in ComputerWorld that asks the question about what exactly is the responsibility of financial institutions in dealing with a phishing attack?

Gary Fields of the Wall St. Journal this morning reports on the results of a recent first of a kind survey by the Secret Service exploring threats to financial institutions from insiders. The report, "Insider Threat Study: Illicit Cyber Activity in the Banking and Finance Sector" (PDF), was conducted with researchers at Carnegie Mellon University.   » Continue Reading

Experian has announced the acquisition of Americas Software Corporation, a developer and marketer of regulatory compliance software systems which provides anti-money laundering solutions for banks and other financial institutions worldwide.   » Continue Reading

eFunds has announced a new relationship with Paymentech to deliver its SCAN check authorization database to Paymentech's merchant customers.

Reuters reports on a Wall St. Journal story this morning about the growth plans of GE Consumer Finance for emerging European and Asian markets -- in a strategy similar to that of Citibank's.

Gartner has posted a briefing on potential vulnerabilities in the Secure Hash Algorithm (SHA-1) as discussed at the recent Crypto 2004 conference in Santa Barbara.