How can banking institutions prepare for beefed up cybersecurity exams by regulators next year that likely will scrutinize their security awareness efforts? One federally funded training program could help.
Amy McHugh, a former FDIC IT examination analyst, says banking regulators will soon scrutinize C-level executives and boards of directors to gauge their cybersecurity awareness in the wake of the FFIEC's pilot cyber-risk assessment program.
Sen. Ron Johnson, R-Wis., the presumptive chairman of the Senate committee with government IT security oversight, hasn't immersed himself heavily in cybersecurity issues during his 4-year Senate tenure.
In new guidance from the PCI Council, its leaders outline why businesses that handle card data need to address employee education. Here, experts explain why this guidance is a positive step for card security.
Sophisticated threats require advanced threat protection. A threat-focused next-generation firewall must adhere to three strategic imperatives. Learn how these imperatives improve defense against advanced threats.
An important lesson to learn from the massive JPMorgan Chase breach is that banks can't just focus on protecting card data and online banking accounts; they also must protect their customers' personally identifiable information.
Michael Daniel explains that among his biggest challenges as special assistant to the president is fully understanding the economics and psychology behind cybersecurity, topics that few people have mastered.
A new impersonation scheme is taking aim at business executives to perpetuate ACH and wire fraud, says Bank of the West's David Pollino, who explains steps institutions should take now to protect their customers.