Global banking institutions can learn from Japan's disaster planning and response. And a sophisticated cyberattack is launched against RSA, targeting the security unit of EMC's SecurID two-factor authentication products.
Global banking institutions can learn from Japan's disaster planning and response. And a sophisticated cyberattack is launched against RSA, targeting the security unit of EMC's SecurID two-factor authentication products.
"Persistent" is the operative word about the advanced persistent threat that has struck RSA and its SecurID products. "If the bad guys out there want to get to someone ... they can," says David Navetta of the Information Law Group.
The announcement by RSA that it had been a victim of an advanced persistent threat shook the global information security industry. Stephen Northcutt of SANS Institute and David Navetta of the Information Law Group offer insight on what happened, what it means and how to respond.
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.
Current solutions are good at authenticating users, but not the integrity of the transactions, says Rik Ferguson of Trend Micro. "We're not authenticating the right things."
Adequate funding for privacy and security measures is essential to the success of sharing electronic health records to improve the quality of care, says William Braithwaite, M.D., Ph.D.
"Multifactor authentication is perceived by many as being the panacea," says Rik Ferguson of Trend Micro. "[But] the real problem is: We're not authenticating the right things."
The Internet is inherently insecure, and the only way to ensure today's evolving information systems is to build them upon three pillars of trust. This is the premise of Mike Ozburn, Principal at Booz Allen Hamilton, which has just authored a new white paper about these pillars.
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 overall goal of the guidance is to achieve appropriate security assurance for multiple applications by efficiently verifying the claimed identity of individuals seeking physical access to federally controlled government facilities and electronic access to government information systems.
AML concerns heat up, as FinCEN warns U.S. institutions to scrutinize accounts held by foreign political figures. And the unofficial release of an FFIEC draft about online authentication guidance opens regulators to more feedback and criticism.
AML concerns heat up, as FinCEN warns U.S. institutions to scrutinize accounts held by foreign political figures. And the unofficial release of an FFIEC draft about online authentication guidance opens regulators to more feedback and criticism.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing inforisktoday.co.uk, you agree to our use of cookies.
