Fraud expert Ori Eisen says banks spend too much time reacting to ACH fraud, rather than trying to stop it. Now that the FFIEC's new online authentication guidance is official, banks must focus on eliminating outdated solutions and moving toward automated solutions for device identification and log analysis.
Online and mobile banking are taking the world by storm - especially in the Asia-Pacific region. But many institutions are simply not prepared to manage security and privacy appropriately in these venues, says Gartner's Matthew Cheung.
Northrop Grumman Cybersecurity Research Consortium's Robert Brammer says IT security researchers should think like Wayne Gretzky, the National Hockey League hall of famer: Skate to where the puck will be.
As Indian banks have migrated to new, electronic platforms including online and mobile banking, so too have the fraudsters. Vicky Shah, author of a new book on cyber crimes, offers insight to help protect banks and their customers....
What's the top threat on the minds of global IT leaders? Employee-owned mobile devices - or BYOD (bring your own device), as the trend is known. The struggle: Do mobile device benefits outweigh the organizational risks?
The same approach governments and businesses employ to protect individuals from the dangers of secondhand smoke could be applied to safeguard cyberspace, says Scott Charney, Microsoft's vice president of trustworthy computing, engineering excellence and environmental sustainability.
"Ethical hacking" - is the term an oxymoron, or is it one of today's necessities in the fight against cybercrime? Jay Bavisi, president and co-founder of the EC Council, feels strongly about why we need ethical hackers more today than ever before.
From Epsilon to Sony, recent data breaches and legislative trends tell a dramatic story about the turbulent state of privacy worldwide, according to J. Trevor Hughes, head of the International Association of Privacy Professionals....
Kirk Herath, Chief Privacy Officer at Nationwide Insurance Companies, has been in privacy management for more than a decade, and he has two main concerns about today's enterprise: Mobile technology and cloud computing.
The recent data breaches at Epsilon and Sony should send a chilling message to privacy officers everywhere. "You can't prepare enough," says Kirk Herath, chief privacy officer of Nationwide Insurance Companies.
One of the unexpected impacts of the global economic crisis is that many organizations have lost their business resiliency, says Lyndon Bird, director of The Business Continuity Institute, headquartered in the U.K.