Financial firms required to detect red flags and prevent identity theft in client accounts
Larry Keating, president and CEO of No Panic Computing, talks about the rise of cybercrime in a world of connected devices. Keating outlines safe computing best practices that advisors need to know, from regulatory requirements to encryption of data. He spoke with Paula Virany, Investment Executive mulitmedia editor and video producer, at the IFB Fall Summit in Toronto.
Proposal would require firms to create programs to spot the signs of identity theft
Three new offences subject to five-year prison sentences
Proposed legislation would create three new offences targeting the early stages of identity-related crime
Online consumers in Canada, the UK, and the U.S. are the most frequent victims of identity theft, twice the rate of France, Germany and Spain, according to a new study released by online payment service PayPal. The research, conducted by Ipsos, examined online security fears and habits in the United States, Canada, France, Germany, Spain, […]
The UK’s Financial Services Authority is warning firms that they must do more to help prevent their customers falling victim to identity fraud and other types of financial crime.The warning follows an FSA review of systems and controls for data security at 39 firms including banks, building societies, insurance companies and financial advisers. The FSA […]
Action taken to combat "corporate hijackings"
Ontario becomes first Canadian jurisdiction with credit alert legislation
Up to $10,000 coverage for primary and secondary mortgage insurance borrowers