RSA Chief Executive Art Coviello challenged a widespread belief that cybersecurity awareness could curb cyberthreats: "There's no amount of consumer education to make them smart enough to resist attacks. They're just too sophisticated."
Bank of America says weekend problems with its website were not related to any online breaches or attacks, although one analyst called the timing "curious" - coming one day after the bank announced new debit card fees.
New guidance from the National Institute of Standards and Technology defines an information security continuous monitoring strategy and shows how organizations can create an information security continuous monitoring program.
"The same American ingenuity that put a man on the moon also created the Internet," President Obama says. "We must now harness that spirit of innovation to ... secure technologies to build a safer, more prosperous future for all Americans."
From the earthquake in Japan to Hurricane Irene in the U.S., organizations worldwide have found their business continuity and disaster plans tested. But what lessons must we draw from these incidents?
Ten years after the 9/11 attacks, many organizations still need to do a better job of monitoring their networks for threats, says security specialist Mac McMillan.
BSA and AML compliance are priorities that never get pushed aside. So what steps are banks and credit unions taking to ensure they comply with regulators' demands?
Elayne Starkey recently gave up her BlackBerry for an iPhone, and uses the Apple mobile device for personal and work doings, securely connecting to the computer system of her employer, the state of Delaware.
Successful wire fraud attacks cause losses averaging between $100,000 to 200,000 per victim. So, it's not surprising that banks are being sued by business customers for alleged failures to prevent fraud via ACH.
BofA's announcement to charge customers for debit transactions is likely just the beginning, as banks across the U.S. react to debit interchange cuts that take effect Oct. 1.
When it comes to mobile banking, which do you believe is the greater security risk: the latest evolution of malware or continued bad behavior by the end user? Experts' answers may surprise you.
It's been well over a year since the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act. How should banking institutions prepare for the hundreds of new regulations expected to come as a result of this landmark legislation?
BITS, the technology policy division of The Financial Services Roundtable, has just named Paul Smocer its new president. What are his strategies for tackling fraud, security and FFIEC compliance?
Melissa Hathaway doubts Congress will enact a cybersecurity law. "I fear we will continue to watch the bills 'sit here and wait, while a few key congressmen sit and debate. It's not easy to become a law," she writes, citing a kid's jingle.
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