Quick heads-up to those of you who will be in the Boston area this week: The BAI Retail Delivery Conference & Expo starts Tuesday at the Boston Convention & Exhibition Center. I'll be in attendance on Weds and Thurs, and I'd welcome the opportunity to meet you.
One of the pleasures of my job is that I get to talk to a lot of people. Bankers, regulators, analysts, security professionals. I enjoy the privilege of speaking to a broad range of thought-leaders and tapping into their insights into the challenges and opportunities of the world today.
And then, through the magic of...
So, how many banking institutions have failed in 2009?
If you pay attention to the popular news media, then your answer is 106. And you'd be partially right. That is the number of FDIC-insured banks to have failed this year - the most in any year since about two President Bushes ago.
Risk management. Audit & compliance. Fraud, investigations and forensics.
What do these three topics have in common? They're the information security areas with the greatest potential for job growth, according to our new Information Security Today Career Trends Survey.
Years ago, when I learned to drive and got my first cars, my approach to automobile maintenance was: If the "Check Engine" light came on, keep driving. Whatever the problem is, I'll drive out of it.
I see a disturbingly similar pattern now in the banking industry.
Sitting here on the cusp of the Labor Day weekend, and I'm thinking ahead to what I believe will be the big stories - of interest to us in banking/security, at least -- in the final quarter of 2009. Here, in no special order, are my top three...
TJX. Hannaford. Heartland. Those are the names we all know, the famous fraud stories we all can recite by heart.
But who knows about Unique Industrial Product Co., a Sugar Land, Tex.-based company that lost $1.2 million to fraudsters this last April?
Robberies, ATM heists, insider thefts - there are so many risks to employees, customers, funds and electronic data, and they're only heightened by economic conditions. Desperate times, desperate people. This is why we focus on physical security this month - to underscore how critical it is to a banking...