State Street Corp. scientist David Saul says most financial institutions have plenty of information, but are not doing enough to exploit the business benefits of so-called "big data."
Big data isn't about size, says Gartner's Neil MacDonald. It's much bigger: Big data is about volume, velocity, variety and complexity, and requires new approaches on how information is used to secure digital assets.
From mobile and the cloud to DDoS attacks and risks surrounding big data, what should banks and credit unions do now to mitigate exposure? Gartner's Anton Chuvakin offers his top recommendations.
Gartner fraud expert Avivah Litan shares ideas about how lessons learned from the Global Payments data breach can help security practitioners mitigate card-fraud risks and prevent future incidents.
The cost of a data breach is down, say the latest Ponemon Institute study. But as the Global Payments breach shows, organizations still have many reasons to be concerned, says researcher Larry Ponemon.
The average per capita cost of a data breach has declined from $214 to $194, according to the new Cost of a Data Breach study. But there are still plenty of causes for concern, says Dr. Larry Ponemon.
Challenged by sophisticated threats and the complexity and cost of security, global leaders wonder: "Is my organization going to be the next breach headline?" IBM's Latha Maripuri discusses global trends.
Organizations want the efficiencies of cloud computing. But they still worry about availability and security of data in the cloud. CSC's Andy Purdy offers insight into easing cloud security concerns.
Extensive news coverage about the attacks against RSA and others have made customers jittery. "The publicity resulted in many customers' risk tolerance going down whilst their level of awareness and concern went up," says RSA CFO David Goulden.
Revelations that Google's Gmail and Sony Pictures were both targeted by hackers highlights growing concerns about cybersecurity and the sophistication - and frequency - of attacks, as well as how to keep the public informed about such incidents.
The latest Verizon Data Breach Investigations Report is out, and the good news is: The number of compromised records is down. The troubling news is: The number of breaches is up. Bryan Sartin, one of the report authors, explains why.
Virtually every business acquires, uses and stores personally identifiable information (PII) about its customers, employees and partners. These organizations are expected to manage this private data appropriately and take every precaution to protect it from loss, unauthorized access or theft. Misusing, losing or...
A top concern for most financial institutions is how to add new members and strengthen current customer loyalty, especially when faced with competition from larger institutions and behemoths like Walmart. Read about how Altra Credit Union differentiated themselves with exceptional customer value, and increased their...
Incidents such as the WikiLeaks disclosures and resulting fallout push leaders to redefine their data protection agenda for 2011 and think about their organizations' vulnerabilities.
"The environment that started by supporting whistleblowers ... is essentially morphing into 'Gee, we as an organization need to be completely transparent, whether we want to or not,'" says Cal Slemp, managing director of Protiviti.
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