From Facebook to Twitter, the new era of business communication and collaboration requires involvement of senior leaders to guide an organization's social media strategy and engagement. It's a big role, and it comes with significant responsibilities.
"We are looking to build a cybersecurity workforce from the ground up, rather than hire those already trained," says Nicole Dean, Deputy Director of the National Cyber Security Division at DHS. "We are looking to hire the best and the brightest."
"We are training organizations to become more security focused and get them away from the check box mentality," says Jeremy King of the PCI Security Standards Council, describing the group's new approach to increasing PCI awareness globally.
Recent incidents of corporate account takeover have pushed regulators, associations and practitioners to call for greater awareness and more collaboration between commercial customers and banks. But is there an ROI to enhanced awareness?
"We want to know what the FFIEC guidelines actually mean and who is responsible for enforcing audits and compliance," says fraud victim Jim Payne, owner of Choice Escrow.
Once a CEO understands the value and risks catered through mobile functionality, it is easier to discuss mobile innovations, policy and how the company can then strike a balance to meet customer and employee requirements.
A preliminary draft of new online authentication guidance from the Federal Financial Institutions Examination Council puts greater responsibility on the shoulders of financial institutions to enhance security.
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