Globally, countries and organizations now recognize the need for a unified approach for managing IT infrastructure services, says Marlin Pohlman of the Cloud Security Alliance. The trick is developing this new set of global standards.
"On a global basis, countries are recognizing that they need a uniform commercial code, if you will, for data - a unified approach for managing IT infrastructure services," says Marlin Pohlman of the Cloud Security Alliance.
A focus on cost and speed, not on data protection, creates a security hole, a survey of cloud computing service providers reveals. Nearly two-thirds of providers say they aren't confident cloud apps are sufficiently secured.
An outage of Amazon's cloud-based Web service on Thursday took down a number of websites. Most service was restored by the weekend. Among sites reportedly affected: Reddit, HootSuite and Foursquare.
Top executives seek the CISO's advice to help determine whether cloud computing benefits outweigh the risks. Here are the top five cloud security risks and concerns CISOs must discuss with their leaders.
Altra Federal Credit Union developed a calculated strategy before moving to the cloud -- advice all financial institutions should follow, says Brian Boettcher, VP of IT, who shares his lessons learned.
Topics to be addressed at the NIST cloud computing forum include the cloud's trustworthiness and standards. Google Chief Internet Evangelist Vint Cerf and NIST Director Patrick Gallagher also will speak.
Current solutions are good at authenticating users, but not the integrity of the transactions, says Rik Ferguson of Trend Micro. "We're not authenticating the right things."
When the business demands the latest tools and technologies, saying "no" is not a viable option. "Clearly, these are disruptive things, but they also are extremely valuable," says Simon Godfrey, Director, Security Solutions at CA Technologies UK.
"Multifactor authentication is perceived by many as being the panacea," says Rik Ferguson of Trend Micro. "[But] the real problem is: We're not authenticating the right things."
Securing data in the public cloud isn't much different from other types of IT security. "It's the same advice we give for almost any deployment of IT because it is still the right thing to do," NIST Senior Computer Scientist Tim Grance says.
A top concern for most financial institutions is how to add new members and strengthen current customer loyalty, especially when faced with competition from larger institutions and behemoths like Walmart. Read about how Altra Credit Union differentiated themselves with exceptional customer value, and increased their...
"Okay, we have bad guys that might be in the system, but at least we're watching them every minute and hopefully detecting them before they do anything too bad," RSA Chief Technology Officer Bret Hartman says.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.com, you agree to our use of cookies.
