New guidance for cyber-resilience, vendor management and breach notification are expected for New York state banks in early 2016. And the tone set by these guidelines may have a ripple effect, influencing the actions of federal banking regulators.
While vendor risk management has long been an area of concern for Financial Institutions, regulators are now looking for banks to do more and provide a higher level of assurance about the security practices of their vendors. But how? With regulators continuously raising the bar, one thing is clear: the vendor reviews...
Blue Coat CTO Dr. Hugh Thompson speaks about the future of security, the constants that need attention, and lessons to be learned from the U.S. when it comes to writing meaningful breach notification laws.
Retailers cannot avoid innovation. Yet, cybercriminals thrive when retailers innovate. What, then, can retailers do to stop cybercriminals from breaching their defenses? Here are three key questions to answer.
As a customer, Delaware Chief Security Officer Elayne Starkey has seen the evolution of cloud computing over the past three years to a point where she has more sway over the security terms of cloud services contracts.
Federal authorities say the successful prosecution of a member of an international cybercrime ring proves progress is being made in shuttering ATM cash-out schemes. But some experts say processors and prepaid cards will continue to be targeted by attackers.
The OCC says cyberthreats against the U.S. financial infrastructure are growing, and financial fraud should not necessarily be banking institutions' top concern. Learn more about the latest OCC report.
With many organizations pushing outsourcing to its limits, regulators and standards bodies (e.g., MAS, OCC, BaFin, FCA, FedRAMP, BITS, NERC, NEI, ISO, PCI Security Council, AICPA, and Cloud Security Alliance) are increasingly putting an emphasis on having a strong and effective supplier risk management framework....
A key challenge in mitigating cyber-risks is differentiating new malware threats from older ones. Experts offer insights on how to sort through the massive number of alerts issued by vendors to identify the real threats that require attention.
Fraud Summit - Chicago 2014 - In early 2014, First American Bank took the bold step of calling out a payments processor and warning customers not to use payment cards in Chicago-area taxis until a suspected data breach was resolved. Register for this session, which was recorded at the 2014 Chicago Fraud Summit, to...
Mobility has driven the rise of containerization as a security strategy for employee-owned devices. But what about for contractors? Kimber Spradlin of Moka 5 discusses how to mitigate third-party risks.
Lawsuits that card issuers have filed against Target to help recoup expenses associated with the retailer's breach aren't likely to reap big rewards, two legal experts say. But they are sending a strong message.