A breach is a disaster, says business continuity specialist Ken Schroeder. So organizing an effective breach-response team does not require a reinvention of the wheel. What it does require is a holistic approach.
Wells Fargo & Co. may have committed an inadvertent data breach when it responded to subpoenas requesting financial information about some of its customers. What happened, and who is impacted?
As U.S. banking institutions work to conform with the FFIEC Authentication Guidance, are they now doing better jobs of detecting and preventing incidents of ACH and wire fraud?
Outrageous Facebook behavior by a contractor at a California hospital offers an eye-opening reminder about the need for a zero-tolerance policy when it comes to privacy violations.
As we close out one year and begin another, we look back at IT security lessons that emerged over the past 12 months. Here are five that should resonate in the coming year.
It's not a question of if employees will bring their own mobile devices to work and connect to your systems. It's a matter of when. But the benefits of BYOD outweigh the risks, says Malcolm Harkins, CISO of Intel.
Enforcement and class actions are what the year 2011 will be remembered for in privacy. So, how can pros prepare for the inevitability of a litigious and increased-enforcement environment?
BITS, the technology policy division of The Financial Services Roundtable, has just named a new VP of cybersecurity and fraud prevention. What's John Carlson's mission, and what's it mean to banks?
Value? It's coming in more shapes and forms than ever before, says Kosta Peric of SWIFT. So how can financial institutions embrace these new values and provide products and services that meet growing consumer demand?
The bring-your-own-device trend is increasing, but work-place policies are not. ISACA's Ken Vander Wal says low employee awareness and the absence of any BYOD policy are to blame. So what can organizations do to fill their security gaps?
Despite the FFIEC authentication guidance and the growth of online fraud, financial institutions still rely on outdated practices that expose customers to risk. How can institutions update their security measures?
Draft legislation establishing a public-private sector National Information Sharing Organization received generally favorable reviews from a panel of witnesses testifying before a House panel.
Customers want to be involved with their banking security, but few institutions allow them to play active roles in fraud prevention. What has to change?
It's one thing to have a data breach response team. It's quite another to ensure that team is made up of savvy personnel, says Brian Dean, a former privacy executive for KeyBank.
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