SWIFT's Gottfried Leibbrandt says conflicting regulatory mandates could further fragment the international payments market, if banks and governments don't align their strategies. Communication among governments, regulators and global financial institutions is critical.
With the recent release of the new online authentication guidance, the Federal Financial Institutions Examination Council (FFIEC) directs banking institutions to provide a more air-tight defense against risks to their networks and customers.
The barrage of recent high-profile data breaches confirms what experts...
When it comes to hot topics, they don't get hotter than authentication, cloud computing and IT governance - all of which I've discussed at length in recent interviews with industry thought-leaders. Let's review some highlights from these conversations.
The Unisys Security Index shows growing public anxiety about Internet security. Unisys CISO Patricia Titus wonders how restless the public would be if the poll was conducted after revelations of breaches at RSA, Epsilon and Sony.
Bankers aren't waiting for the FFIEC to act on the release of its updated online authentication. Instead, they've already begun to comply with the major points recommended in the draft. And the death of Osama bin Laden has heightened concerns terrorists' efforts to launder money through legitimate banking channels.
Tips for Preventing Fraud and Complying With FFIEC Guidance
The onslaught of ACH/wire fraud incidents confirms what the researchers have long said: We're in a new wave of malicious code. This new wave is run by organized crime, and it's focused on one objective: Stealing personally identifiable information and...
The non-standardized collection device is responsible for 13 percent of the biometric records maintained by DOD, representing some 630,000 DoD records that cannot be searched automatically against FBI's database of about 94 million records.
A review of the month's top stories by Managing Editor Tracy Kitten: A well-crafted e-mail tricked an RSA employee into opening a phishy e-mail that launched a sophisticated attack on the company's information systems, and the list of big-name corporations and brands affected by the Epsilon e-mail breach tops 100.
A review of the month's top stories by Managing Editor Tracy Kitten: A well-crafted e-mail tricked an RSA employee into opening a phishy e-mail that launched a sophisticated attack on the company's information systems, and the list of big-name corporations and brands affected by the Epsilon e-mail breach tops 100.
"If you want to defend your computer completely, you better not connect it to the Internet, not use it, not even power it on. So we got to get to a different place." DHS Deputy Undersecretary Philip Reitinger says.
North American Clearinghouse Association, not the government, led the effort to move Food Stamps to e-payments. That's what the government wants to do with the National Strategy for Trusted Identities in Cyberspace initiative, the fed's NSTIC point man says.
The latest Verizon Data Breach Investigations Report is out, and the good news is: The number of compromised records is down. The troubling news is: The number of breaches is up. Bryan Sartin, one of the report authors, explains why.
Participants in a new pilot project claim they've demonstrated that using interoperable digital identities, digital signatures and cloud computing has the potential to accelerate the initiation of clinical trials of new drugs and treatments while lowering costs.
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