About Paul Foote

Paul Sheldon Foote is a Professor of Accounting at California State University, Fullerton. His publications have included biometrics, Sarbanes-Oxley compliance, SAP ERP systems, auditing, accounting, and forecasting.

Biometric banking

This is a guest post by Paul Sheldon Foote, of the Department of Accounting at California State University, Fullerton. Many banks around the world, large and small, continue to experience major security failures. At this year’s Kaspersky Security Analyst Summit (April 2 – 6, 2017), Kaspersky Lab analysts explained their investigation of the takeover of a bank for several hours in Brazil by cybercriminals. The takeover of the bank started with a spear phishing attack. Next, the cybercriminals used a