Over the next five years, the U.S. payments infrastructure is slated to undergo a major overhaul, with the Federal Reserve leading the charge. Two Fed leaders share insights on the impact on U.S. banking institutions.
P.F. Chang's confirmed card breach has renewed debate about the state of security at U.S. merchants. The PCI Council's Bob Russo says that while there has been progress in recent months, the retail industry still has a long way to go.
Continuous monitoring is helping Freddie Mac reduce the number of security controls it uses to safeguard its information systems, says CISO Patricia Titus, who summarizes lessons that can apply to government and private-sector entities.
Imagine a cyber-attack that disables an electricity distribution center. What's the role of the U.S. military, government or the utility company in defending and retaliating? That's a question on the mind of Army Col. Gregory Conti.
Paul Smocer of BITS explains why banking institutions, which face increasing cyberthreats, need to put the NIST Cybersecurity Framework to use, and why third parties should prepare for more regulatory scrutiny of their security practices.
Poor Internet hygiene, not increased cybercrime, is what's really to blame for the increased botnet traffic the online world is battling, say cybersecurity experts Tom Kellermann and Rod Rasmussen.
Banking institutions need to develop "day-to-day situational awareness" of the latest threats, says Vikram Bhat, a principal at Deloitte & Touche, which just released a report about cybersecurity issues and awareness.
High-profile retail breaches, such as the one suffered by Target Corp., could spur more merchants to promote increased use of mobile payments to boost security, says Thad Peterson, a new analyst at Aite Group....
Fighting fraud tied to synthetic identities requires revamping the credit infrastructure to improve detection of fraudsters' activities, says risk management specialist Richard Parry.
What does "IT security as a business enabler" mean? For a definition, Gartner's Paul Proctor looks to the way IT managers at a European car maker translate security problems into a language a CEO can understand.
The Federal Reserve will make recommendations this summer for how the United States could launch a "fast-payments" system with enhanced authentication, says Kirstin Wells of the Federal Reserve Bank of Chicago.
A multi-layered approach known as "context-aware security" is the most effective strategy for fighting both insider and external cyberthreats, says Gartner analyst Avivah Litan, who explains how this strategy works.
Consumers around the world aren't overly concerned about Internet security, perhaps because they've experienced fatigue from the oversaturated media coverage of data breaches, Unisys Chief Information Security Officer David Frymier says.
The National Institute of Standards and Technology is developing new cybersecurity standards based on the same principles engineers use to build bridges and jetliners.
As mobile banking adoption rapidly grows this year, financial institutions need to identify and fill security gaps, says Aite Group analyst Julie Conroy, a featured speaker at the May 14 Fraud Summit Chicago.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.eu, you agree to our use of cookies.