An estimated 650,000 customers have recently switched from big banks to community banks and credit unions. But are these smaller institutions prepared for the new demand for security and fraud prevention?
Improving regulatory compliance efforts is the No. 1 information security priority for healthcare organizations in the year ahead. That's a key finding of the inaugural Healthcare Information Security Today survey.
Online risks, card skimming and data leakage are the top threats to Asia Pacific and Indian banks, and financial institutions are just starting to implement security measures and regulations to combat the growing threat landscape, says Gartner's Matthew Cheung.
Medtronic's announcement that it's launching an "in-depth risk/benefit analysis" following an "ethical hack" of one of its insulin pumps is good news. We hope that Medtronic and all other medical device manufacturers launch long-overdue, aggressive efforts to improve medical device safeguards.
Occupy supporters plan today to protest at several banks' headquarters in NYC. Coming on the heels of cyberattacks that targeted police in Boston, how worried should banks be about growing physical threats and cyberattacks waged by Occupy sympathizers?
Pradeep Moudgal of California-based SVB says the bank's decision in June to migrate commercial credit cards over to EMV was easy. "The biggest advantage of the chip card, at the end of the day, is to reduce fraud," he says.
Many organizations have the expertise required to implement cyber intelligence but have yet to learn how to integrate those skill sets into an effective, end-to-end process, says Intelligence and National Security Alliance's Terry Roberts.