U.S. Attorney Steve Wiggington says identity theft, especially linked to card skimming, is still the No. 1 fraud threat facing financial services institutions as well as consumers. He stresses information sharing is critical for fighting fraud.
Shoring up mobile security gaps should be a top 2014 priority for financial institutions, says Gartner analyst Anton Chuvakin, who contends many other security issues, including managing cloud vendors and other third parties, aren't so urgent.
Every second, 80 "things" are being connected to the Internet, and ISACA's Rob Stroud says that requires information security professionals to identify and mitigate threats, protect individuals' privacy and manage access.
New requirements to mitigate payment card risks posed by third parties, such as cloud providers and payment processors, are a focal point of the PCI Security Standards Council's updated data security standard.
As Michigan deploys its Cyber Civilian Corps, the state will need to address some of the same challenges the federal government faces in sharing cyberthreat information between the government and the private sector, state CIO David Behen says.
Mobile security is no longer about managing devices, says Ian McWilton of Moka5. The real trick is to secure corporate assets through containerization solutions that reduce costs and improve user experience.
Banking executives were among the CEOs who met with President Obama at the White House to discuss cybersecurity strategies. Paul Smocer of BITS explains how this discussion may pay off for financial institutions.
Pennsylvania Chief Information Security Officer Erik Avakian explains how the commonwealth is using a $1.1 million federal grant to pilot a program to furnish single identities to residents who transact state business over the Internet.
For years, researchers have studied malicious insider threats. But how can organizations protect themselves from insiders who make a mistake or are taken advantage of in a way that puts the organization at risk?
Article 4A of the Uniform Commercial Code, which deals with reasonable security measures for banks, needs a major update, says attorney Dan Mitchell, who represented PATCO Construction in a high-profile account takeover dispute.
Using "synthetic identities" to commit fraud is becoming easier, but it's increasingly difficult for organizations to detect this type of deception, says Claudel Chery of the U.S. Postal Inspection Service.