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.
What are the top four malware-related issues that all organizations should focus on this year? Andreas Baumhof of ThreatMetrix shares insights based on five years of malware analysis.
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.
More banks are considering voice biometrics, though some still question if the tech is ready for prime time. What has sparked institutions' interest in this emerging authentication technology?
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?
Banking regulators and law enforcement are collaborating to reduce losses linked to account takeover fraud. They say employee training at the branch level is a critical piece in the fraud fight. Why?
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.
Application security is driving demand for highly skilled consultants. It's a challenging profession, and I've broken out five key skills that will distinguish you in the field.
In Georgia, a man has pleaded guilty for his role in a $1.3 million phishing scheme. How did Bank of America and Chase help law enforcement agencies crack this alleged international fraud ring?
Are institutions making the right investments in anti-fraud technologies? As they conform to the FFIEC's updated Authentication Guidance, many could miss the mark, warns Aite's Shirley Inscoe.
Which security concerns should institutions be bracing for, as more consumers adopt mobile banking? BITS offers a collection of recommendations from some of the industry's top institutions.
BITS' new mobile research highlights six key areas of risk every banking institution must consider. Find out what security and fraud-mitigation strategies institutions should be implementing.
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