The U.S. government is circulating a draft document of seven high-level categories detailing tasks, skills and job titles of IT security occupations that should help organizations to architect more effectively their staffs to safeguard data and systems.
Security concerns are the top barrier between consumers and mobile banking. Yet, only 17 percent of institutions have integrated consumer education into their mobile strategies. Javelin's Mary Monahan offers three tips to improve awareness.
Giving back to the community. It's a civic responsibility, says Dan Waddell of Tantus Technologies. But it's also a necessity to help raise cyber awareness. Waddell explains how security pros can give back.
An estimated 650,000 customers have recently switched from big banks to community banks and credit unions. But are these smaller institutions prepared for the new demand for security and fraud prevention?
IT security practitioners should understand why the bits, bytes and network connections - the technologies - are important to their organization's goals. Ignorance of the mission, for IT security folks, isn't bliss.
As two recent fraud incidents prove, good work can be done when card issuers and retailers work in tandem. I hope we see more of that kind of collaboration going forward.
Today ends National Cybersecurity Month, and one thing is clear: cybersecurity awareness does not equate secure cyber. "The market still doesn't appreciate how much good cybersecurity is worth," Rep. Jim Langevin says.
How much crossover should banking institutions rely upon as they evaluate authentication standards for retail vs. commercial accounts? Online security expert Christopher Beier offers insights.
Global events, especially those involving the deaths of politically exposed individuals, have significant impacts on individual banking institutions and the global financial infrastructure.
Banking institutions have a role to play: They must provide more customer education about the lures fraudsters use to compromise bank accounts and, ultimately, identities.
Facial recognition, arguably, is the technology that most threatens individual privacy online, and that's on the mind of Senate Commerce Committee Chairman Jay Rockefeller, who has asked the FTC to report on its growing use.
"The CRMA will give us a heightened awareness of our responsibility in not just evaluating operational or compliance risks, but understanding strategic risks to the business," says Denny Beran of J.C. Penney.
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