Two years after his business was a victim of ACH fraud, PATCO's Mark Patterson doubts whether most small business owners are yet aware of the risks they face. And he doesn't think the FFIEC guidance will help.
ACH fraud victim Mark Patterson says small businesses like his welcome improved online security measures from banking institutions. But is the new FFIEC Authentication Guidance sufficient? Patterson says no.
Banks and credit unions are feverishly working to meet the FFIEC's authentication compliance deadline next year. But experts say institutions should be looking beyond the guidance, by making investments in cross-channel fraud detection.
Too many of today's firewalls are out of date and opening organizations to unacceptable business risks, says Chris King of Palo Alto Networks.
So, how do we quickly get to the next-generation firewall - and what are the key qualities it will need to embrace?
In an interview about the future of firewalls, King...
Banks, government agencies and healthcare providers have upped their efforts to assist consumers after an ID theft incident. But much more needs to be done. One ID-theft recovery expert shares her thoughts about areas in need of improvement.
Pradeep Moudgal says the U.S. is migrating toward EMV. But how much new investment are card issuers going to have to make, and what steps does the collective industry need to take to ensure the transition from the mag-stripe to the chip is a smooth one?
NICE's Ernest McDuffie says a proposed cybersecurity workforce framework represents a consensus of government thought on how best to define the jobs, skills and tasks needed to secure information technology.
Unfortunately, says Ken Vander Wal, most organizations have done little to address security in their policies and procedures regarding BYOD, which is changing the ways companies address user behavior and risk.