Altra Federal Credit Union developed a calculated strategy before moving to the cloud -- advice all financial institutions should follow, says Brian Boettcher, VP of IT, who shares his lessons learned.
The ongoing effort to enable the secure exchange of health information from coast to coast recently got a very important boost when five well-known healthcare organizations joined forces to serve as trailblazers.
"It is the biggest breach we have ever seen; and to say no financial information has been stolen is, well, understating the massive breach and concern," says Neil Schwartzman, founder and chief security specialist at CASL Consulting.
Fraud, risk management emerging technologies -- these issues know no boundaries. That's why we're launching a series of new international BankInfoSecurity sites to draw proper attention to local issues that impact the global banking industry.
Banking/security leaders aren't crazy about banking regulators telling them they could have done a better job detecting ACH fraud, and they're eager for more specific guidance on what to do going forward.
The ruckus over a new cybersecurity bill's ban of a so-called Internet kill switch camouflages the real significance of the Cybersecurity and Internet Freedom Act. The bill, if enacted, would rejigger the way to govern federal IT security.