How will Diane Ness and BITS help banks reduce fraud? As the new head of fraud-reduction programs for the technology division of the Financial Services Roundtable, Ness says education and communication about emerging threats will be a priority.
Phishing - it's the classic scheme that never goes away. In fact, it evolves. Amy Blackshaw of RSA offers insights on how to respond to this and other trends identified in the 2012 Faces of Fraud survey.
"Regulation drives spending," says George Tubin of GT Advisors. "You're in a situation where the regulators are telling you, 'You have to do something; you have to make improvements.' Therefore, the bank has to spend some money on technology."
One problem tracking IT security employment is the dearth of information. Even the most trustworthy organization in collecting employment data, the Bureau of Labor Statistics, furnishes infosec data it cautions aren't reliable.
The cost of a data breach is down, say the latest Ponemon Institute study. But as the Global Payments breach shows, organizations still have many reasons to be concerned, says researcher Larry Ponemon.
Cloud services are being adopted increasingly by organizations. But with adoption comes increased concern, says Symantec's Francis deSouza. How can organizations deploy cloud security to protect their data?