Global banking institutions can learn from Japan's disaster planning and response. And a sophisticated cyberattack is launched against RSA, targeting the security unit of EMC's SecurID two-factor authentication products.
When the business demands the latest tools and technologies, saying "no" is not a viable option. "Clearly, these are disruptive things, but they also are extremely valuable," says Simon Godfrey, Director, Security Solutions at CA Technologies UK.
"More and more consumers are using PIN debit at the pumps, so this makes for a rich harvest for the criminals," says John Buzzard of FICO's Card Alert Service.
Philip Andreae was there when EMV was born, and he plans to see the EMV evolution through, until it becomes a global standard embraced throughout the world.
The Smart Card Alliance's Vanderhoof says U.S. card issuers will likely rely on contactless mag-stripe technology to bridge a payments migration to EMV.
Mobile banking, social media, cloud computing. These all are part of the global banking landscape today, and with these innovations come expectations, says Allesandro Moretti of (ISC)2 and UBS Investment Bank.
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