Financial institutions are now at high risk of cyberattack, according to the Financial Services Information Sharing and Analysis Center. What can institutions do to protect themselves from new threats?
In the past, just writing "privacy pro" on a business card could get you into the field. "That's not the case today," says the IAPP's Trevor Hughes, who details today's challenges for privacy professionals.
"With the increasing breadth and depth of cyberattacks ... risk assessments provide important information to guide and inform the selection of appropriate defensive measures so organizations can respond effectively," guidance coauthor Ron Ross says.
The administration is exploring issuing an executive order to direct federal agencies to secure the nation's critical infrastructure by working with the private sector to develop security standards, says John Brennan, assistant to the president for homeland security and counterterrorism.
The continuing loss of data to China suggests that the federal government should carefully assess the cybersecurity implications associated with the expansion of Chinese cloud and mobile providers in the U.S.
Developing secure mobile applications is just one part of the process in creating new programs. Communicating how applications are secured is crucial in building IT security awareness among stakeholders.