The U.S. Treasury is asking banking institutions to play a more active role in the fight against organized crime. Fraud experts at Ernst & Young share what the Treasury's new demands mean for future investments banks have to make.
Incidents of card data exposure, such as Citibank's recent online breach, get regulators' attention. And sources say banking examiners are increasingly asking tougher questions about the protection of consumer data.
With the threat landscape significantly different since it issued its guidance four years ago, NIST sets out to revise Special Publication 800-61, Computer Security Incident Handling Guide, with help from industry, government agencies and academia.
Banking regulators have begun examining institutions for conformance to the FFIEC Authentication Guidance. What gaps have they found? Terry Austin of Guardian Analytics offers insight and security tips.
Challenged by sophisticated threats and the complexity and cost of security, global leaders wonder: "Is my organization going to be the next breach headline?" IBM's Latha Maripuri discusses global trends.
"People appreciate being contacted when particular transactions look risky," says Peter Tapling, President and CEO of Authentify. "Out-of-band authentication provides the opportunity to do that in real-time, at very low cost to the institutions."
The need for qualified security pros is growing - but so is the Scholarship for Service Program, which helps students train for roles in government. Victor Piotrowski of the National Science Foundation discusses the opportunities.