Save Mart, the Modesto, Calif.-based grocery chain, now confirms that skimming devices are to blame for the data breach believed to have exposed hundreds of consumer accounts to debit and credit card fraud.
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.
"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.
Homeland Security Secretary Janet Napolitano says the government will fully deploy the Einstein 2 threat detection system by year's end and will begin implementing in 2011 Einstein 3, with the aim to automatically detect and disrupt malicious cyber activity.