"Where mobile payments are concerned, I don't want to say banks will be taken to the cleaners, but I think that's where their biggest threat is," says Avivah Litan of Gartner.
To help agencies secure their wireless networks and technologies, the Government Accountability Office came up with eight leading practices. For now, GAO says, wireless networks remain at an increased vulnerability to attack.
When Southwest Washington Medical Center in Vancouver, Wash., introduced free wireless Internet access for patients and guests, it used a "defense-in-depth" strategy to address security issues, says Christopher Paidhrin, IT security compliance officer.
Like other networking technologies, all WiMAX systems must address threats arising from denial of service attacks, eavesdropping, man-in-the-middle attacks, message modification and resource misappropriation.
As healthcare organizations make broader use of wireless networks and devices, they must develop an aggressive risk management plan to address security threats, says security expert Rebecca Herold.
Self-service, enhanced privacy, cloud-based services - these are among the trends that will shape banking over the next decade. What can banking institutions do now to prepare?
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