Two critical steps that banking institutions need to take in 2014 to help prevent fraud are implementing big data analytics and adopting far more sophisticated customer and employee authentication, says Gartner analyst Avivah Litan.
In a groundbreaking effort to boost security, HSBC Bank USA is now requiring its retail banking customers to use dual-factor authentication for certain sensitive online banking transactions, says LuAnne Kingston, senior vice president.
Distributed generation and plug-in motor vehicles are among the emerging security challenges to the smart grid. In an RSA 2014 preview, Gib Sorebo of Leidos discusses the threats to utilities and consumers.
Merrill Halpern of the United Nations Federal Credit Union, a pioneer in the use of chip cards, says high-profile retail breaches reinforce the long-term value of EMV for various forms of payment within the U.S.
Editor's Note: Excerpts of this interview appear in ISMG's Security Agenda magazine, distributed at RSA Conference 2014.
Privacy should be built into the design of all healthcare information technology and related processes, says Michelle Dennedy, who's writing a book on the concept of "privacy by design."...
Expenses linked to the data breach at Target Corp. have already cost the 58 member institutions of the Consumer Bankers Association more than $170 million - a price they should not have to pay, says the association's David Pommerehn.
Employing quantum physics, Yi-Kai Liu, a computer scientist at the National Institute of Standards and Technology, is attempting to devise a way to create a one-shot memory device that could help secure transactions or administrative passwords.
Organizations in all sectors can improve their compliance with the PCI Data Security Standard by taking five critical steps, says Rodolphe Simonetti of Verizon Enterprise Solutions, which just issued a new PCI compliance report.
When breaches result from retailers' lax security practices, merchants should be obligated to help banking institutions cover fraud losses and other post-breach expenses, says Viveca Ware of the Independent Community Bankers of America.
The PCI Security Standards Council has no plans to modify its standards for payment card data security in response to high-profile payment card breaches at Target and Neiman Marcus, says Bob Russo, the council's general manager.
Retail data breaches are growing. ISight Partners' Tiffany Jones, a researcher who helped the Department of Homeland Security prepare its report about malware attacks, offers new insight into the latest cyber-attacks.
Amidst draft legislation and the fallout of large-scale breaches, now is both the best and worst of times for privacy, says Trevor Hughes of the IAPP. What are the best career opportunities for privacy pros?