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.
Embedding some information security practitioners within business units could help improve IT security awareness in many enterprises, reducing security risk, says Steve Durbin, global vice president of the Information Security Forum.
Conventional wisdom dictates that the high demand for IT security practitioner would cause salaries to rise, perhaps significantly. But a new study by SANS shows only a slight fattening of paychecks for many IT security professionals.
Community banking leaders should be preparing for more stringent oversight of cybersecurity awareness and initiatives in their upcoming FFIEC assessments, according to industry experts, including Doug Johnson of the American Bankers Association.
To address new features and new threats, the National Institute of Standards and Technology has revised its guidance for transport layer protocol. Learn about the recommendations for protecting data during transmission.
Third-party risks and the Fed's plans for emerging payments will be highlighted at ISMG's Fraud Summit Chicago on May 14. How banking institutions and retailers are expected to respond to new risks posed by external parties will be a focus for our keynote panel.
Card breaches at retailers such as Target and Neiman Marcus will likely be catalysts for improved cyberthreat intelligence and information sharing across the banking and retail sectors, says Mike Braatz of ACI.
"Security as a business enabler" was the mantra echoing through the recently concluded 2014 Infosecurity Europe conference in London, a message that should have been heeded by top executives at retailer Target last year.
Banking institutions that are considering whether to accept virtual currencies, such as Bitcoin, must consider the risks involved, including money-laundering. Learn about the very latest Bitcoin developments.