"Eddie also will contribute to product strategy, marketing and technical evangelism for RSA," an RSA spokeswoman says. "This role will leverage Eddie's 20-plus years of security expertise."
Breaches will not slow anytime soon, and there's not much financial institutions and the payments chain can do to stop them. At this point, the best course of action for banks and retailers is to focus on damage control.
"I'd like to make sure our recommendations fit with what the FFIEC is recommending, to continue to help us mitigate risk," says Michael J. Wyffels, SVP and CTO of QCR Holdings Inc. "But the hackers seem to continue to find new ways to exploit vulnerabilities."
When a database breach occurs, consumer notification continues to be a public problem. And it's time for the federal government to step in, says Linda Foley, co-founder of the non-profit Identity Theft Resource Center.
Citigroup confirms that a breach of its online banking platform, Citi Account Online, may have exposed personally identifiable information about hundreds of thousands of Citi customers.
Victimized by a hack of its SecurID authentication token that resulted in the breaches of several customers' IT systems, security maker RSA is expected to announce its first chief security officer as early as Friday.
With so much critical information being exchanged today via e-mail, now is the time to deploy next-generation e-mail encryption solutions, says Bob Janacek, CTO and founder of DataMotion.
Art Coviello, RSA's executive chairman, confirms that information taken from RSA in March had been used as an element of an attempted broader attack discovered late last month on SecurID customer and defense contractor Lockheed Martin.
Despite improvement in organizations' abilities to plan for and predict disasters, they still lack an effective response. In fact, the biggest gap in business continuity today is understanding, says Lyndon Bird, director at the Business Continuity Institute.
The legislation sponsored by Senate Judiciary Chairman Patrick Leahy would nationalize data breach notification and stiffen penalties for those who fail to notify law enforcement and individuals of a data breach.
Our 2011 survey exposes barriers preventing government IT security practitioners from doing their jobs effectively, identifies services and technology they need to safeguard IT and determines the comfort level they have with cloud computing.
David Navetta, an attorney who specializes in IT security and privacy, says the magistrate's recommendation, if accepted by the judge, could set an interesting legal precedent about the security banks are expected to provide for commercial customers.
Authentication expert Steve Dispensa says banking institutions need to realign their authentication infrastructures to include a mix of in-band and out-of-band measures.
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