2014 may well be the "Year of Security," and IT security pros must prepare now for new job demands. ISACA's Robert Stroud offers five New Year's resolutions to help prepare for 2014's security trends.
Whether reports that the National Security Agency entered into a secret contract with security provider RSA are true or not - and RSA says they're not - the reputations of all American security vendors have been tarnished.
Michigan is deploying the Cyber Civilian Corps, a rapid response team that will assist the state and industries during a major cybersecurity incident. It will include volunteers from government, education and business.
To encourage information sharing about cyberthreats, banking institutions need to be protected from liability through the enactment of new federal legislation, says Paul Smocer, president of BITS.
Call center fraud is one of the leading threats that financial institutions will battle next year because fraudsters consider the centers to be an easy target. But what can be done to mitigate this threat?
Managers at all levels must understand their responsibilities in providing role-based cybersecurity training, says Patricia Toth, a computer scientist at the National Institute of Standards and Technology.
The NIST cybersecurity framework will help U.S. banking institutions assess their security strategies, but some institutions fear the framework could trigger unnecessary regulations, says Bill Stewart of Booz Allen Hamilton.
Can the two most feared nations in cyberspace finally come to an agreement to stop hacking each other and stealing confidential data? Here's one peace-making approach worthy of consideration.
ATM skimming attacks, and subsequent fraud losses, are increasing, even in European markets where EMV chip cards are the standard. Learn why some experts predict a continued surge in skimming in the months to come.
Wayne Dunn, CTO of HarborOne Bank in New England, says improving vendor management is a top security priority for institutions in 2014. As more core banking functions are outsourced, due diligence becomes increasingly critical.
In case you missed ISMG's 2013 Fraud Summit - or even if you were there and want to share insights with colleagues - I'm pleased to announce the availability of a series of session videos featuring top fraud experts.
U.S. Attorney Steve Wiggington says identity theft, especially linked to card skimming, is still the No. 1 fraud threat facing financial services institutions as well as consumers. He stresses information sharing is critical for fighting fraud.
The breach of a card loyalty marketing company that exposed card data and other personally identifiable information illustrates the privacy vulnerabilities third parties pose, experts say.
In mitigating insider threats, technology should be used in conjunction with information sharing and risk-prevention business practices, says Jason Clark, a researcher at Carnegie Mellon University.
As Michigan deploys its Cyber Civilian Corps, the state will need to address some of the same challenges the federal government faces in sharing cyberthreat information between the government and the private sector, state CIO David Behen says.
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