Banks need to ensure they continuously monitor their cloud vendors, says Troy Wunderlich of Washington Trust, a community bank in Spokane, who outlines his institution's strategy for vendor management.
Starting with the Federal Financial Institutions Examination Council (FFIEC) requirements, this white paper describes how Tenable's unified security monitoring platform meets and exceeds these requirements, ensuring continuous compliance, lower total cost of ownership, tangible security risk reduction and the ability...
The Consumer Financial Protection Bureau is the newest member of the FFIEC. So what does this additional regulatory oversight mean for U.S. financial institutions and how they prepare for future exams?
So-called patent trolling is getting attention from banking leaders and the White House. As patent attorney James Denaro points out: "Essentially every single financial institution is at risk of being accused of infringement."
Illinois-based bank holding company QCR decided to make a shift in its online-banking platform strategy after a risk assessment revealed security enhancements and customer experience improvements were needed.
Which fraud trends need the most attention from U.S. banking institutions in 2013? Distributed-denial-of-service attacks and account takeover, says FS-ISAC's Bill Nelson, who offers fraud-fighting tips.
As online threats continue to escalate, organizations need to adopt best practices in online security that can also achieve user convenience and budget constraints.
Financial institutions face similar security challenges when delivering online and mobile banking services today:
How to maintain customers'...