What are the top trends shaping the rising tide of financial fraud in 2019, and what can security professionals expect in the months and years to come? Trace Fooshee of Aite Group discusses changes in the fraud landscape.
Organizations and their applications are under attack from automated bots and bad actors. And many of these attacks are undetectable by conventional security technologies. How can organizations detect and prevent this activity? Carl Gustas of Cequence Security shares insights.
Post-GDPR, the California Consumer Privacy Act was the first piece of US legislation to emerge - but it's hardly the last. Attorney Sadia Mirza of Troutman Sanders talks about the potential impact of CCPA and other pending privacy legislation.
The right authentication controls at the right time for the right transactions - the adaptive authentication message is taking off, says OneSpan's Tim Bedard. And here are some quick wins organizations might focus on when starting down the path.
For attackers, "credential stuffing" - using stolen usernames and passwords to log into any site for which a user reused their credentials - is the gift that keeps on giving, says security researcher Troy Hunt. Here's how organizations can mitigate the threat.
Driven by the EU's General Data Protection Regulation and other regulations, as well as the move to the cloud, more organizations are turning to data classification to help them silo and protect their most sensitive information, says Tony Pepper, CEO of Egress.
Never underestimate the human factor in attacks. Indeed, many of today's top attacks - from malware to phishing - require some level of interaction from victims. "They're targeting people - they're targeting the users within our businesses," says Proofpoint's Adenike Cosgrove.
When communications giant Publicis Groupe launched its GDPR compliance project, CISO Thom Langford says, "it was more a case of honing and polishing, rather than building from the ground up," thanks to its existing information security management system and complying with ISO 27001.
Financial services firms write off a certain level of online fraud as a cost of doing business, but these losses directly fund organized crime and help legitimize cybercrime as a career path, says Trusted Knight's Trevor Reschke, who stresses the sector must do more to combat fraud.
The latest challenge to face CISOs: Finding the best way to keep their organization secure while at the same time navigating political edicts that may lack any technical detail or present solid facts or alternatives to suspect technology, says Jaya Baloo, CISO of KPN Telecom.
Migrating from on-premises data security to the cloud and then embedding security in the application development process are common challenges for enterprises. Dan Fitzgerald, a CISO at the consultancy McKinsey & Co., shares insights on how to make these transitions.
When large-scale data breaches started to proliferate more than a decade ago, security leaders called for end-to-end data encryption. But that approach no longer suffices, says First Data's Tim Horton, who calls for a new multilayered defense.
It's been nearly seven years since HSBC was fined $1.9 billion by U.S. authorities for money laundering violations involving international drug cartels. But Everett Stern, the former employee who blew the whistle on the bank, continues to tell his story because he believes similar criminal activity is ongoing.