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.
Bank of America's Keith Gordon says securing the mobile channel is much like securing any other banking channel: Controlling risks requires layers of security and controls. But educating customers plays a key security function, too.
An estimated 650,000 customers have recently switched from big banks to community banks and credit unions. But are these smaller institutions prepared for the new demand for security and fraud prevention?
What fraud and security issues does Paul Smocer, the new president of BITS, see as being top concerns in the coming year? Mobile payments, social media, and a strong need for institutions and organizations to comply with existing guidance top the list.
When Mano Paul of (ISC)2 discusses today's top application security challenges, he draws an analogy with sharks. And what he views as the skills needed to tackle today's top threats might surprise you.
Software applications are the lifeblood of every organization, and today's #1 IT security threat is vulnerabilities in these applications. Complexity, interconnection and criticality of source code have resulted in a dangerous proliferation of vulnerabilities and risks.
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Ohio is relatively new to enterprise information security, and according to David Shaw, the state's chief information security officer, there is still much to do to ensure that all the agencies' critical infrastructure is protected.
Give a man a fish, you feed him for today, the proverb says. Teach a man to fish; and you feed him for a lifetime. That adage can be applied to information security, as well.
The Fed's ruling on interchange, mandated by the Durbin amendment, offers financial incentives for fraud-prevention investments and could fuel a U.S. move toward new card-payment technologies, like EMV.
People's view of cybersecurity will need to broaden over the next few years, says IT expert Robert Brammer. That's why a consortium has been established to conduct research on the security of computer systems, as well as other areas where computerization has excelled.
The Fed's ruling on interchange cuts mandated by the Durbin Amendment will aid fraud prevention and could accelerate a move to chip-based payments, says Randy Vanderhoof, director of the Smart Card Alliance.
The release of the list coincides with the issuance of the Common Weakness Scoring System that allows software makers to identify vulnerabilities in their programs and buyers to determine software they acquire is secure.
What's the top threat on the minds of global IT leaders? Employee-owned mobile devices - or BYOD (bring your own device), as the trend is known. The struggle: Do mobile device benefits outweigh the organizational risks?
A new (ISC)2 information security workforce survey projects the doubling of federal government IT security staffs from 27,000 employees today to more than 61,000 by 2015. What's behind this growth?
Four years ago, the Council of Registered Ethical Security Testers began as an organization to bring standardization to the penetration testing industry. Today, CREST's scope is expanding across industries and global regions, says president Ian Glover.
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