Two men have been sentenced for defrauding accountholders whose debit cards were compromised in the Michaels point-of-sale breach that hit stores in 20 states. What was their role in an elaborate fraud scheme affecting nearly 100,000 accounts?
Intuit and GE veteran Steve Bennett, chairman of the IT security software provider, replaces Enrique Salem, the longtime Symantec executive who had served as the company chief executive officer since April 2009.
The draft guidelines recommend developing system threat models, instituting a mobile-device security policy, implementing and testing a prototype of the mobile-device solution and securing a device before allowing user access.
How are banks addressing mobile security risks? Bank of America's Keith Gordon says most are just beginning to forge ahead in the mobile space, and new security gaps are areas for which institutions have to prepare, proactively.
Some organizations are focusing so much attention on the bring-your-own-device trend and on implementing a mobile device management system that they're neglecting mobile app security issues, says security expert Jeff Williams.
Gartner's Peter Firstbrook, to illustrate the vulnerability of IT systems, cites research that pegs at about 400 days the average time a targeted virus remains undetected on a computer. And, he says, that doesn't speak highly of the current offerings from security vendors.