Visa's Eduardo Perez says a new end-to-end encryption service expected to launch in early 2013 will improve card security at the merchant level. What makes this new service superior? Perez offers details.
A group of Republican senators warn President Obama not to issue an executive order to create voluntary IT security standards, saying such action would aggravate the existing divide among lawmakers that prevented a vote on the Cybersecurity Act.
Banking institutions can expect more cyberattacks, including threats from nation-states, as the U.S. elections draw near. So they must take adequate security steps - and clearly explain them to their customers.
Sen. Jay Rockefeller, in a letter to Fortune 500 company CEOs, queries them about their businesses' IT security practices and wonders if they agree with efforts by the U.S. Chamber of Commerce to block a vote on the Cybersecurity Act of 2012.
Charles Intriago says AML investments and controls need to be streamlined. And through a new association, Intriago aims to train a new kind of financial-crime specialist that is equipped to connect fraud-fighting dots.
The administration is exploring issuing an executive order to direct federal agencies to secure the nation's critical infrastructure by working with the private sector to develop security standards, says John Brennan, assistant to the president for homeland security and counterterrorism.
The continuing loss of data to China suggests that the federal government should carefully assess the cybersecurity implications associated with the expansion of Chinese cloud and mobile providers in the U.S.