The U.S. explosion in card skimming will be the ultimate catalyst for change from mag stripe to chip and PIN technology. "I do believe that shift has begun," says SVB's Pradeep Moudgal. "Everyone wants to be in a much more secure environment."
As it seeks information from vendors about implementing a more robust mobile device management system to ensure security, the Department of Veteran's Affairs has reported its first case of a stolen iPad.
Pradeep Moudgal of California-based SVB says the bank's decision in June to migrate commercial credit cards over to EMV was easy. "The biggest advantage of the chip card, at the end of the day, is to reduce fraud," he says.
"Matching an implementation to the cloud definition can assist in evaluating the security properties of the cloud," says computer scientist Peter Mell, author of The NIST Definition of Cloud Computing.
Roger Baker, CIO at the VA, says desktop computers will eventually phase out, as mobile devices become predominant channels for communication and work. That evolution has made plans for ongoing mobile security a priority for organizations that cross every business sector.
How much crossover should banking institutions rely upon as they evaluate authentication standards for retail vs. commercial accounts? Online security expert Christopher Beier offers insights.
The BlackBerry disruption strikes at a core IT security precept: availability. Yet, as cybersecurity and IT architecture practitioner Winn Schwartau points out, it also raises the less-often talked about proposition of accountability.
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.
Roger Baker, CIO at the Department of Veterans Affairs, outlines the department's mobile device security strategy, providing details on the rollout of iPhones and iPads.
By using federated digital credentials, the federal government has taken a significant step toward creating more efficiency to better serve the needs of the American people in the 21st century, Cybersecurity Coordinator Howard Schmidt says.
Criminals manipulate an ATM so that the cash requested is blocked or trapped. Once the user gives up and leaves the ATM, the fraudsters come in and remove the cash. So, how can banks prevent this scam?
Security company MXLabs says a phishing scam targeting customers at Netherlands-based SNS Bank fools users by convincing them to fill out attached Web forms.
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