When it comes to employee-owned mobile devices, many organizations want to run away from the security risks of the bring-your-own-device-to-work trend. Intel chose to run toward them.
In an exclusive case study, Intel CISO Malcolm Harkins details the security challenges and business opportunities of BYOD. And he...
Financial institutions still have a long way to go to fight fraud and mitigate online banking vulnerabilities. But what exactly are the top vulnerabilities, and what can institutions do about them?
Despite the FFIEC authentication guidance and the growth of online fraud, financial institutions still rely on outdated practices that expose customers to risk. How can institutions update their security measures?
Mobile banking is a 'must-have' today, but the foray into this new financial-services arena comes with risk. Consistent review and implementation of security layers and controls is the only strategic way to tackle emerging mobile offers.
Bank of America's Keith Gordon says securing the mobile channel is much like securing any other banking channel: Controlling risks requires layers of security and controls. But educating customers plays a key security function, too.
The rising trend of smartphone usage across the financial services industry is causing concern amongst IT departments struggling to manage policy, security and support. Such challenges can be trumped using effective mobile device management software. Good for Enterprise(TM) allows businesses to access and protect data...
You know the tune: Cyber thieves pirated the town's banking credentials, arranged some bogus "payroll transactions" with the town's bank and then next thing you know ... money mules are transferring funds to the Ukraine.
The FFIEC's updated online authentication guidance urges banks and credit unions to do better jobs of authenticating and identifying devices, areas that aren't bolstering the kind of security they could, says security expert Ori Eisen.
Now that the FFIEC's updated online authentication guidance is out, banking institutions need to move forward in preparation for 2012 compliance, says Julie McNelley, banking fraud analyst for Aite Group.
Information Security Media Group announces the launch of FFIEC Authentication Guidance, a resource center dedicated to providing in-depth news and views on the pending online authentication guidance.
As the financial industry anxiously awaits the release of new online authentication guidance from the FFIEC, experts speculate about what steps banks and credit unions should be taking now to prepare.
In light of the pending update to the FFIEC's 2005 online authentication guidance, customer awareness is one area banks and credit unions should take very seriously, says Aite analyst Julie McNelley.
ThreatMetrix's Taussig says strong authentication should be part of every financial institution's layered security approach. And according to expected changes to the Federal Financial Institutions Examination Council's 2005 online authentication guidance, that means proven measures to enhance device identification.
ThreatMetrix's Taussig says device identification must be part of layered security measures. Banking regulators want financial institutions to deploy multiple layers of online security. But what does that expectation mean when it comes to investments in fraud detection?
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