Using intrusive technologies to check staff behavior in an effort to fight against supply chain fraud is ineffective, says Richard Dailly, managing director in Hong Kong at the security firm Kroll, who explains why.
Organizations in all sectors need to end "the dichotomy between privacy and security" and avoid a checklist approach to privacy protection, says digital ethics expert Ivana Bartoletti, who explains why ensuring customers' privacy is essential to a company's survival.
Among the most malicious and potentially dangerous cyber incidents affecting the healthcare, energy and other sectors are evolving "distruptionware" attacks - including ransomware - that aim to shut down businesses, says retired FBI agent Jason G. Weiss.
As CISO of the Federal Reserve Bank of Philadelphia, Nancy Hunter has a defined role and priorities. But she also has a refined sense of responsibility for collaboration, mentoring and creating new career opportunities for women.
In October, Nacha will launch the Payment Information Exchange Platform, or Phixius, a secure network of linked credentialed service providers designed to improve data exchange for payments to help fight fraud. George Throckmorton of Nacha explains how it works.
The COVID-19 pandemic has shifted the dynamic of card fraud in favor of the fraudsters due to the massive increase of online transactions, says Andrei Barysevich of the fraud intelligence company Gemini Advisory. And many fraudsters are using more sophisticated tools, including anti-fingerprinting technology.
William Dixon of the World Economic Forum is calling for the formation of a "quantum computing security coalition" to help build trust in the technology, which could play a key role in enhancing security.
In an in-depth interview, Denyette DePierro of the American Bankers Association provides an overview of emerging regulatory issues, cloud security challenges and the use of social media apps for payments.
With colder weather, the flu season and the holidays ahead, the northern hemisphere is at risk of another major COVID-19 outbreak. Pandemic expert Regina Phelps says it's time to change behavior, and that starts here: "Live like you're contagious."
It might be new, but are we ready to call this "normal?" In this latest in a series of CEO/CISO panels, cybersecurity leaders talk frankly about the new risk surface and the role emerging technologies play in helping us keep pace with our adversaries.
The key element for a successful fraud fusion center in banking is for fraud and security teams to work together using a simple methodology to prevent, detect and resolve fraud, says technology adviser Ben Wallach, the former executive vice president and chief fraud director at BB&T, a U.S. bank holding company.
As small businesses apply for loan forgiveness under the Paycheck Protection Program, and banks who made the loans on behalf of the Small Business Association investigate whether any were fraudulently obtained, fraud-detection technologies will play a critical role, says Frank Mckenna of Point Predictive.
New Zealand's stock exchange, NZX, recently fell under a massive distributed denial-of-service attack that was part of an extortion attempt. Security specialist Daniel Ayers breaks down what went wrong and how other organizations can avoid similar issues.