The FS-ISAC's decision to increase the U.S. banking industry's cyberthreat level from "elevated" to "high" is way overdue, Aite's Julie McNelley and other experts say. Here's how banking institutions should enhance security.
Financial institutions are now at high risk of cyberattack, according to the Financial Services Information Sharing and Analysis Center. What can institutions do to protect themselves from new threats?
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 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.
Sen. Susan Collins, who, like President Obama, backs the Cybersecurity Act, cautions the president against issuing an executive order to protect the nation's critical IT, saying it would send an signal that congressional action isn't urgently needed.
Mike Mitchell, who serves as chairman of the PCI Security Standards Council, says mobile is a focus for leaders in the payment security space. So does the PCI Council expect emerging tech to influence the PCI-DSS?