A star-studded lineup of top administration officials including four cabinet secretaries and three other senior executives announced the new international strategy, emphasizing the importance of cybersecurity to American foreign policy.
The Obama administration's plan for a federal data breach notification policy is too vague to be effective, and it lacks teeth to penalize violators, according to experts who raise open questions about the proposal.
SWIFT's Gottfried Leibbrandt says conflicting regulatory mandates could further fragment the international payments market, if banks and governments don't align their strategies. Communication among governments, regulators and global financial institutions is critical.
A star-studded lineup of top U.S. officials including four cabinet secretaries and three other senior executives announced the new international strategy, emphasizing the importance of cybersecurity to American foreign policy.
Executives from Apple, Facebook and Google will appear before a Senate panel to explain their companies' practices on collecting and using customer data from smartphones, Sen. Jay Rockefeller announces.
India's data protection standards are already strong. But to be truly secure and world-class, then organizations must protect themselves above those standards, says Dr. Kamlesh Bajaj, CEO of the Data Security Council of India.
Experts say card issuers picked up on the Michaels card breach by employing strong transaction monitoring and behavioral analytics, proving that cross-channel detection tools are the best ways to curb growing card-fraud schemes.
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.