ACH fraud victim Mark Patterson says small businesses like his welcome improved online security measures from banking institutions. But is the new FFIEC Authentication Guidance sufficient? Patterson says no.
When bankers contemplate risk, says Edward DeMarco Jr. of the Risk Management Association, what dominates headlines in the financial press should be of paramount concern.
Salaries for information security professionals are projected to increase by 4.5 percent next year, outpacing the rise expected for other information technology occupations, a new study reveals.
Unfortunately, says Ken Vander Wal, most organizations have done little to address security in their policies and procedures regarding BYOD, which is changing the ways companies address user behavior and risk.
NICE's Ernest McDuffie says a proposed cybersecurity workforce framework represents a consensus of government thought on how best to define the jobs, skills and tasks needed to secure information technology.
First Midwest Bank has never suffered a loss because of ACH breach. The secret: never getting overly confident or too comfortable with one or two modes of protection.
Mobile banking is a 'must-have' today, but the foray into this new financial-services arena comes with risk. Consistent review and implementation of security layers and controls is the only strategic way to tackle emerging mobile offers.
U.S. and Estonian authorities have broken up one of the largest Internet crime schemes that allegedly netted $14 million in fraudulent advertising fees and infected 4 million computers in 100 countries.
Bank of America's Keith Gordon says securing the mobile channel is much like securing any other banking channel: Controlling risks requires layers of security and controls. But educating customers plays a key security function, too.
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.
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.
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?
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.
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.
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