Looking ahead to the new year, Kristin Lovejoy of IBM says information security organizations face a host of global compliance issues - and the complexity of this challenge may be the biggest task of 2011.
"What's interesting is that the criminals are now using cryptographic technology to protect the card information they steal, and that's posing challenges for detection and law enforcement," says Jeremy King of the PCI Security Standards Council.
"As more channels connect to ACH, it will become the preferred route for banks to process transactions," says Steve Kenneally of the American Bankers Association.
Hemu Nigam says WikiLeaks founder Julian Assange has become akin to a "cyber messiah" And Assange's followers have proven: "If you turn your back on our messiah, we are going to take you down."
Understanding the contact versus contactless variables for an implementation of EMV in U.S. is the first step, says Smart Card Alliance's executive director.
"This seems to have been possible by the lack of a secure online banking environment provided by our former bank," says Jim Payne, Choice Escrow's manager of business development.
"Where mobile payments are concerned, I don't want to say banks will be taken to the cleaners, but I think that's where their biggest threat is," says Avivah Litan of Gartner.
"Until they personally suffer pain, they don't think it is something that can happen to them," says Eric Cole, an insider threat expert and SANS Institute faculty fellow.
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