The FDIC's Donald Saxinger says vendor management programs are getting more scrutiny from regulators, especially in areas of emerging technology, such as cloud computing and mobile banking.
After one commercial customer fell victim to corporate account takeover, this institution suffered significant losses and learned that legal disputes rarely favor the bank.
In the wake of the RSA, Epsilon and Sony PlayStation data breaches, we spoke to two global information security leaders and asked for their three biggest leadership lessons learned. Here is what they shared.
Top executives seek the CISO's advice to help determine whether cloud computing benefits outweigh the risks. Here are the top five cloud security risks and concerns CISOs must discuss with their leaders.
While the cause of the Epsilon e-mail breach has not been publicly disclosed, the incident's aftermath has seen a growing list of organizations impacted by the breach. It also has ignited a new debate about the sensitivity of e-mail addresses.
Altra Federal Credit Union developed a calculated strategy before moving to the cloud -- advice all financial institutions should follow, says Brian Boettcher, VP of IT, who shares his lessons learned.
"It is the biggest breach we have ever seen; and to say no financial information has been stolen is, well, understating the massive breach and concern," says Neil Schwartzman, founder and chief security specialist at CASL Consulting.
Was malware to blame for the so-called "computer glitch" that over a weekend took down a handful of the country's largest banks' ATMs and online banking sites?
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