The financial system is in better shape than what it was in 2008 and 2009. But market volatility and regulatory reform could change everything, says former FDIC head William Isaac.
"Once you identify that person based on the unique characteristics of their face, you could then match it with other databases," privacy advocate Beth Givens says, referring to privacy gaps created by facial recognition technology.
"You can't have someone arrested for violating your policies," says former Bear Stearns CISO Jennifer Bayuk. "The question is: What did he do, and was there a policy that would have prevented the activity?"
A new payment card breach, this time striking a company that supplies vending machines and games to entertainment venues, has reignited concerns about point-of-sale system security.
Payments are moving away from tangible currency to so-called new economies, where value relies more on reputation than currency. Venues such as Facebook facilitate e-commerce via new economies. But as with any change in the payments scheme, industry experts expect these new economies to be accompanied by new risks.
Most consumers understand the need for security on laptops and PCs. On mobile devices, the thinking is not the same. "Their behavior is much riskier," says Markus Jakobsson, online security expert.
"You need to understand how you are currently using social media in your organization, and how you intend to use it, before you can define policies around social media," says Erika Del Giudice of Crowe Horwath.
Out with the old; in with the new. It's time for security-minded organizations to invest in the power and protection of the next generation firewall, says Matt Keil of Palo Alto Networks.
In an exclusive interview about the evolving firewall, Keil discusses:
Why current firewalls are failing us?
The key...
The Federal Financial Institutions Examination Council (FFIEC) recently released a supplement to the "Authentication in an Internet Banking Environment" guidance, originally published in 2005. Within this update are "Specific Supervisory Expectations" related to an overall "General Supervisory Expectation" that...
Nessa Feddis of the ABA says increased investments in technology at the bank and consumer levels have fueled confidence in online banking. "I think the reason you see an uptick in use here is because the channel is more secure."
Indiana University School of Medicine is reminding faculty, staff and residents about the importance of encryption and other information security steps after the theft of an unencrypted laptop.
File transfer protocol remains a practice within banking institutions of all sizes. But how can banking/security leaders ensure secure FTP that will protect and track critical data? These thought leaders offer strategies.
"Let's face it: Banking relies on a trust relationship," says Matt Speare of M&T Bank. "Any...
File transfer protocol remains a practice within banking institutions of all sizes. But how can banking/security leaders ensure secure FTP that will protect and track critical data? These thought leaders offer strategies.
The nascent field of cyber intelligence addresses threats that originate anonymously within cyberspace with potentially enormous consequences: physical destruction and economic chaos.
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