The FFIEC has warned banking institutions to take steps now to avoid security and operational risks associated with Microsoft's plans to discontinue support of Windows XP. Experts explain why replacing the operating system is critical.
Knowledge-based authentication is no longer reliable, says fraud expert Avivah Litan, an analyst at Gartner. She explains why so-called behavioral authentication is the only reliable way to verify users.
Randy Trzeciak and his CERT Insider Threat Center colleagues are working to broaden the definition of the insider threat to incorporate not just the risk to information and IT but to facilities and people, too.
The United States should be prepared for a dramatic increase in card-not-present fraud as cards using the EMV standard are widely deployed, says card fraud prevention expert Julie Conroy of Aite, who describes the reasons why.
Regulators need to do a better job of notifying banks promptly when they find severe security flaws at third parties, especially core banking processors. And community banks need to collaborate on assessments of third-party risks.
In the wake of an ongoing stream of merchant and payment processing breaches, the FDIC is reminding smaller banking institutions that they are ultimately responsible for ensuring the security of cardholder data.
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.
The State Department's top cyberdiplomat, Chris Painter, explains how the United States is helping other nations beef up their laws and policies to battle cybercrime and improve international collaboration on cyberthreats.