One midwestern credit union (which prefers to remain anonymous), with nearly $200 million in assets and more than 30,000 members, has been phished four times -- the most recent in 2006, with three of those incidents occurring within a 90-day period.
So what do you do if your financial institution's brand is...
Risk management and the insider threat.
These are the two dominant themes emerging from the conversations and presentations at the RSA Conference in San Francisco this week.
From the keynote stage to the expo floor, with stops in between at the program sessions, information security experts, vendors and...
Imagine living in a country where electronic voting is universal, there are 39 million Internet users, and 25 million of them are also Internet banking users.
Welcome to Brazil, whose online banking services and lessons-learned were presented to attendees at the RSA Conference on Tuesday.
According to Maria...
Bank of America is well known for its mobile banking services. Currently, the institution has 750,000 mobile banking customers receiving services on 400 different kinds of devices.
But did you realize that one of the ways BoA secures its electronic offerings is by providing its customers with abuse reporting...
Interviews Shed Light on Topics of Unique Interest to Banking/Security Executives
The annual RSA Conference is a showplace for the who's who of security solutions vendors. The event showroom is lined with scores of the industry's leading vendors - no one individual could hope to see them all.
So, the Information...
In stepping up the fight against cyber crime, Michael Chertoff, Secretary of the US Department of Homeland Security (DHS), has a simple request: Send some of your best & brightest employees to help the government's efforts.
"We want your ideas, insights and I daresay your employees," Chertoff told the crowd in a...
The insider threat is at the forefront of financial institution concerns these days, and a huge part of mitigating that threat is improving identity and access management. Listen to this interview to hear Subhash Tantry, CEO of Fox Technologies, on:
Five principles of an effective access control management...
For more than a decade, government and industry bodies around the world have issued a growing number of regulations designed -- in whole or in part -- to ensure the security, integrity and confidentiality of personal and corporate data . Combined, these individual regulatory guidelines outline what constitutes best...
Financial organizations must effectively manage a broad array of potentially damaging events caused or made possible by inadequate governance of user access to an enterprise's information assets. Such events range from policy and compliance violations of various regulations and measures, such as Sarbanes-Oxley Act...
One of the biggest challenges in managing financial service organizations is the complexity of controlling user access to information resources. Some of these organizations have attempted to implement roles-based systems to address these challenges, but real-world experience have shown that unless roles fit into a...
Debit card fraud is one of the most prevalent security threats against banking institutions and customers alike. In this interview, Daniel McIntyre, information security and business recovery analyst with Superior Bank of Birmingham, AL., shares his insight on:
The magnitude of the debit card threat;
Strategies...
FIELD: I wanted to talk to you from the consumer's perspective. What are you seeing as the biggest areas of concern right now regarding identity theft?
BRODER: Well, I think consumers are always concerned about their privacy and running the risk that someone else will get hold of their information and will...
MIKE D'AGOSTINO: Hi. This is Mike D'Agostino with Information Security Media Group, producers of BankInfoSecurity.com and CUInfoSecurity.com. We recently attended the BAI 2007 Retail Delivery Conference and Expo in Las Vegas, where the theme was "Customer Innovation in the Banking and Financial Services Industry."...
Information Security Media Group recently attended the BAI Retail Delivery Conference 2007 in Las Vegas. Our correspondents covered the expo floor from a vendor point of view, and we spoke with a number of vendors who had products or services specific to information security. In general, the vendors that had some sort...
The Internet has become a strategic customer acquisition and services distribution channel for financial services companies. Consumers are able to apply and obtain credit online, transfer funds, trade commodities and pay bills by simply clicking a few buttons from anywhere at any time. Unfortunately, in the online...
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