Revised guidance from the National Institute of Standards and Technology, SP 800-63-1, could help organizations protect themselves from a growing threat to their information assets: the insider.
Michaels, Save Mart and Subway. Each of these companies was victimized by point-of-sale fraud, and security experts say the fraudsters' patterns offer valuable security tips to merchants and financial institutions.
Donna Flynn says Liberty Bank discovered three key gaps when it tackled FFIEC authentication guidance compliance. Two were easy to fill. The third required an out-of-the-box solution.
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?
2011 has offered quite a number of tough lessons for security professionals. Here at (ISC)2, where security education is our focus, the close of another year raises the old teacher's question: "What have we learned, class?"
Calif.-based grocer Save Mart confirms dozens of reports by employees and customers about account compromises linked to the merchant's recent breach. Are these incidents linked to a larger, organized crime ring?
From social media to mobile banking, emerging technology areas continue to concern financial institutions. Which security initiatives will BITS help institutions to focus on in 2012?
Despite the FFIEC authentication guidance and the growth of online fraud, financial institutions still rely on outdated practices that expose customers to risk.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?
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?
The draft legislation would have the Department of Homeland Security conduct risk assessments on critical national IT systems and lead efforts to adopt use of new technologies and practices to keep pace with emerging cyberthreats.
In their efforts to conform with the FFIEC authentication guidance, many financial institutions are caught off-guard by the overall cost of enhanced detection and authentication for online banking. Why?
A card compromise at a California-based grocery chain has raised questions about the efficacy of PCI-DSS. Experts say even if merchants are compliant, fraudsters can easily get around the security measures.
Bank of America, a pioneer in mobile banking, says mobile is hot, but it also opens financial institutions to unknown risks. What proactive steps should banks and credit unions take to ensure they're ready?
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