On Capitol Hill, expert witnesses testify about the need to beef up graduate-level education, not only to train needed cybersecurity professionals, but prepare the PhDs and others needed to educate IT security specialists. But just outside the Beltway that encircles Washington, community colleges - hoping to tap...
Three banks in Georgia, North Carolina and Kansas were closed by banking regulators on Friday, June 19, bringing to 40 the total number of failed banks so far in 2009. Five credit unions have either been closed or placed into conservatorship this year.
NOTE: Five additional banks were closed on Friday, June 26,...
Audit and enterprise risk - they're inextricably linked. As cyber threats grow - from the inside and out - require organizations and their regulators to pay closer attention to technology and information security.
What are some of the key audit and risk trends to track? David Melnick of Deloitte answers that...
The Heartland Payment Systems (HPY) data breach came as an unpleasant surprise to many financial institutions and their customers in early 2009. What are the threats we should eye as we look ahead to 2010?
In an exclusive interview, Bryan Sartin of Verizon Business, discusses the company's exhaustive research of...
The Obama financial regulatory reform plan includes a new watchdog agency to protect consumers from deceptive or dangerous mortgages, credit cards, and other risky financial products. It can't come at a better time.
Identity and Access Management (IAM) - it's a challenge for banking institutions of all sizes. And with institutions continually merging, acquiring and establishing new partnerships, the IAM challenge is only growing.
Bank of America was one of the first institutions to move toward mobile banking in a big way. Two years into the initiative, Doug Brown, SVPO of Mobile Product Development, discusses:
Mobile trends at BoA;
Security hurdles the institution has faced;
Advice for other institutions now getting into mobile banking.
In the face of fraud, enterprise authentication is the key to helping to prevent information security breaches. But how do you deploy solutions that are at once versatile, compliant and cost-effective?
Steve Neville, Director of Identity Products and Solutions at Entrust, discusses:
The top enterprise...
The Frequently Asked Questions on the ID Theft Red Flags released last week have great value and reveal common challenges faced by banking institutions, say federal regulators who helped put together the FAQs.
Representatives from each agency met to whittle down the list of questions that began coming in to...
President Barack Obama on Wednesday outlined his historic proposal for changing how the U.S. financial services industry is regulated.
Heralding Obama's announcement, the Treasury department released a comprehensive white paper, "Financial Regulatory Reform: A New Foundation", that now is being presented to...
President Obama on Wednesday spelled out the details of his long-awaited plan for financial services regulatory reform. In an exclusive interview, Christie Sciacca, formerly with the Federal Deposit Insurance Corporation, currently a director with LECG in Washington, D.C., discusses:
The biggest news from Obama's...
From the president on down, the nation has a renewed focus on cybersecurity.
Nadia Short of General Dynamics, a major government/defense contractor, discusses:
The types of cybersecurity positions GD is filling;
Requirements for qualified personnel;v
Potential career paths in cybersecurity.