BITS, the technology policy division of The Financial Services Roundtable, has just named a new VP of cybersecurity and fraud prevention. What's John Carlson's mission, and what's it mean to banks?
Value? It's coming in more shapes and forms than ever before, says Kosta Peric of SWIFT. So how can financial institutions embrace these new values and provide products and services that meet growing consumer demand?
2011 has offered quite a number of tough lessons for security professionals. Here at (ISC)2, where security education is our focus, the close of another year raises the old teacher's question: "What have we learned, class?"
Vulnerabilities in applications developed for the Commonwealth of Pennsylvania contributed to a major security breach a few years back, one that state CISO Erik Avakian does not want repeated.
Customers want to be involved with their banking security, but few institutions allow them to play active roles in fraud prevention. What has to change?
What's really scary, beyond the obvious, is the risk this hidden software poses to organizations trying to protect the security of their data and the privacy of their employees.
A card compromise at a California-based grocery chain has raised questions about the efficacy of PCI-DSS. Experts say even if merchants are compliant, fraudsters can easily get around the security measures.
Bank of America, a pioneer in mobile banking, says mobile is hot, but it also opens financial institutions to unknown risks. What proactive steps should banks and credit unions take to ensure they're ready?
ACH fraud victim Mark Patterson says small businesses like his welcome improved online security measures from banking institutions. But is the new FFIEC Authentication Guidance sufficient? Patterson says no.
Banks and credit unions are feverishly working to meet the FFIEC's authentication compliance deadline next year. But experts say institutions should be looking beyond the guidance, by making investments in cross-channel fraud detection.
The arrest of six international suspects is being touted as one of the biggest Internet crime takedowns in history. But how much of a deterrent will Operation Ghost Click be for other cybercriminals?
The bust of six Estonians for one of the biggest online frauds ever is reminiscent of another type of organized crime: drugs. Despite the similarities, there's one big difference between drugs and online crimes.
Mobile banking is a 'must-have' today, but the foray into this new financial-services arena comes with risk. Consistent review and implementation of security layers and controls is the only strategic way to tackle emerging mobile offers.
Ramped up HIPAA enforcement is a big reason behind the No. 1 information security priority for the coming year: improving regulatory compliance, says attorney Adam Greene.
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