Data loss. Information leak. Content monitoring and filtering. Data Loss Prevention (DLP) has been called many things, but what it comes down to for financial institutions is this: Security controls to detect and prevent the unauthorized transmission of information from your institution to outsiders.
Register for this webinar to learn from industry thought-leaders:
Today's biggest DLP threats to the financial services industry;
The threats' potential impact on your institution and consumer confidence;
How DLP solutions should fit into your security strategy.
Could be from a hack - like the recent Heartland Payment Systems breach - or it could be from a lost PC or a malicious insider. Whatever the cause of data loss, DLP is about the strategies and products you can deploy to minimize your institution's risk.
No one wants to be where Heartland Payment Systems found itself in January of this year: Explaining how hackers managed to penetrate their systems sometime in 2008 and gain access to an undetermined number of consumer names and credit card numbers. The data loss, reputation loss and potential for fraud are boundless and unacceptable.
To prevent hacks, as well as to minimize the damage that can be done by malicious insiders or loss/theft of information-critical devices, many financial institutions now are rallying around the strategies and solutions of Data Loss Prevention (DLP).
DLP goes by different names: Data leak, information leak, content monitoring and filtering. But whatever the term, the concept still boils down to deploying security controls to detect and prevent the unauthorized transmission of information from your institution to outsiders.
In the past, DLP efforts have focused mainly on potential losses to hackers - i.e. the criminals who breached not just the Heartland systems, but also TJX and Hannaford Brothers prior to the latest high-profile hack.
And it's true: Rapidly evolving malware and fraudulent attacks are a constant challenge to financial institutions and their customers.
But other recent cases such as the Bank of New York Mellon, Countrywide and France's Societe Generale have shown us that inattention and incomplete monitoring can lead to significant data loss through benign accident or through the activities of malicious insiders.
Add to those threats the impacts of organization change, consolidation and acquisitions to an institution's data security as a result of the current economic upheaval, and you gain a sense of the scope of the DLP challenge.
In this webinar - the third installment of Information Security Media Group's Emerging Technologies Insights series - we tackle the topic of DLP by:
Defining DLP in today's context;
Showing where data breaches are increasing, and why financial institutions are especially vulnerable to the insider threat;
Spelling out specific strategies aimed at helping institutions prevent, detect and, if necessary, resolve costly data breaches;
How to protect your critical information assets from external and internal threats via:
Field is responsible for all of ISMG's 28 global media properties and its team of journalists. He also helped to develop and lead ISMG's award-winning summit series that has brought together security practitioners and industry influencers from around the world, as well as ISMG's series of exclusive executive roundtables.
Director, Data Protection Marketing, Trend Micro, Inc.
A 20+ year veteran in the network and security technology industry, Victor Lee currently serves as Director of Data Protection Marketing at Trend Micro. In this role, he evangelizes data protection issues and solutions for Trend Micro's Data Protection product family (data leak prevention, message archiving, and email encryption products). Previously, Victor led Trend Micro's global alliance marketing effort with Cisco Systems, Inc, driving initiatives to integrate Trend Micro security technologies into Cisco networking and security product lines. Prior to joining Trend Micro in 2004, Victor worked with Cisco System's Global Strategic Alliances and Customer Advocacy organizations. He has consulted with leading technology companies, and has served as an education technology consultant to the California Community College system, the largest higher education system in the United States.
Director, Ontrack Advisory Group
Wills is a Fintech architect and strategist specializing in payments, security and digital identity. For more than two decades, he has guided organizations such as Visa, Bank of America, Wells Fargo Bank, UnionBank of the Philippines, VeriFone, Intuit, Richemont, Ping Identity and multiple startups to build and secure their digital platforms. Career highlights of Wills include leading the development, launch and operation of Visa's core transaction fraud management services and VeriFone's digital wallets, merchant e-commerce platforms and payment gateways, as well as secure platform/product design for Visa's prepaid card management system, national mobile payment networks in the Dominican Republic (tPago), Bangladesh (bKash), a Philippines' major credit card issuer and the Manila public transit network. He has also served as a CISO for CrossCheck and Intuit subsidiary PayCycle.com, and as a mentor for StartupBootcamp FinTech and four Asian payment startups. In addition, he is a tenured speaker and media commentator on security in digital transactions. He holds both CISSP and CFE certifications. A resident of Singapore, Tom has also lived and worked in the US, UK, UAE, Philippines and Dominican Republic.