Howard Schmidt takes exception with aspects of our blog that addresses his position in the White House hierarchy and relationship with agencies' chief information security officers. Here's his response.
A new survey from FS-ISAC and the ABA finds financial losses linked to ACH fraud are decreasing. What are banks doing differently, and what technology investments are reaping the most rewards?
Big data isn't about size, says Gartner's Neil MacDonald. It's much bigger: Big data is about volume, velocity, variety and complexity, and requires new approaches on how information is used to secure digital assets.
Restaurant chain Penn Station's transparent response to a card breach that hit 65 of its locations provides an example of the right way to handle post-breach communications.
Consumers want more control when it comes to ensuring security during mobile banking. But most financial institutions have been reluctant to give end-users too much control. Why? Javelin's Jim Van Dyke offers some answers.
Mobile security threats can be managed through testing and strategic risk-mitigation strategies, says Keith Gordon, who oversees authentication and security strategies for Bank of America's consumer online and mobile banking units.
Why did hackers target the federal Thrift Savings Plan? Details from the FBI and the TSP have been sketchy, and Sen. Susan Collins is demanding more information - including the reasons behind the delayed notification.
Many organizations aren't devoting enough resources to ensure that applications for mobile devices are secure, says security expert Jeff Williams. He offers five tips for adequately addressing mobile application security.
Israel is being blamed - or, perhaps, taking credit - for the creation of Flame, the sophisticated cyberspyware that has targeted organizations in the Middle East, especially its mortal enemy, the government of Iran.
The Obama Administration has unveiled a "digital government" strategy that requires federal agencies to launch new mobile applications. The strategy calls for standardized implementation of privacy controls.
How are banking institutions addressing mobile security risks and authentication challenges? Paul Smocer of BITS says some of the proactive steps banks are taking might surprise you.
From mobile and the cloud to DDoS attacks and risks surrounding big data, what should banks and credit unions do now to mitigate exposure? Gartner's Anton Chuvakin offers his top recommendations.
Global Payments has been less than forthcoming with information about its data breach. How could this lack of transparency hurt the processor, and what's the lesson for others?
Gartner's Avivah Litan says banking institutions are spending resources on risk assessments. But what steps will they take next to conform to the FFIEC Authentication Guidance? Litan shares insights.
Do banks and credit unions use all the data they collect? One credit reporting bureau says they could be doing more with their data to track and prevent fraud.
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