BITS, the technology policy division of The Financial Services Roundtable, has just named a new VP of cybersecurity and fraud prevention. What's John Carlson's mission, and what's it mean to banks?
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 only way to improve card security is for banks and merchants to align their strategies, says Gray Taylor of NACS. "This is something that hurts both of our industries. Fraud hurts us all."
"With a company-issued device, you can issue a policy that says users have no rights of privacy over information on the device," says Javelin's Tom Wills. But with employee-owned devices? A whole new set of issues.
Executives in a variety of industries who are in charge of securing their enterprises' IT say they're more anxious about outsiders hacking into their systems than insiders - either maliciously or inadvertently - threatening their digital assets, a new survey shows.
"Once you get over the idea that we don't have permanent world peace, and people may need to attack each other in particular circumstances ... then maybe there's a lot of good things to say about cyberweapons," says Peter Sommer of the London School of Economics' Information Systems and Innovation Group.
The possibility grows that hackers could take away control of the car from drivers as more automakers provide vehicle-to-vehicle and vehicle-to-infrastructure communications networks to third-party development.
Could methods employed by the World Health Organization to quarantine people to prevent the spread of deadly diseases be a roadmap on how to prevent virtual viruses from spreading in the cyberworld?
Despite efforts to tighten security to prevent such digital invasions, the military understands such breaches could still occur, which led Lynn to say the military must develop and train its cyber defenders to act in a degraded information environment.
"Any conflict we see going forward is going to have some element of cyber warfare and we need to make sure that we've prepared and developed our military capabilities to sustain that," says Defense Deputy Secretary William Lynn III.
Alex Cox, Research Consultant and Principal Analyst, NetWitness
Alex Cox, a research consultant and principal analyst at the IT security firm NetWitness, discovered last month the Kneber botnet, a variant of the ZueS Trojan that he says has infested 75,000 systems in 2,500 corporate and governmental organizations...
It's hard to place a value on an intrusion detection system until you see the system in action. CIO Charles Christian at Good Samaritan Hospital in Vincennes, Ind., recently discovered just how worthwhile his intrusion detection investment really is.
As the federal government rolls out to its agencies the second iteration of the Einstein intrusion-detection system and readies a more advanced intrusion-prevention Einstein 2, it is partnering with Michigan in deploying the original version of Einstein. Michigan becomes the first state to employ Einstein.
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