BankInfoSecurity Week In Review for Friday, March 18, 2011

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.Here's a list of some of this week's most compelling content on BankInfoSecurity.com:
  • Crisis in Japan: The Global Impact. The crisis in Japan shows the world is an increasingly smaller place. Japan, which on March 11 was hit by an earthquake that caused a tsunami of catastrophic proportion, has seen its infrastructure rocked. The global impact has been eye-opening, says Mark Lobel, principal at PricewaterhouseCoopers and a long-time security expert;
  • Hackers Target RSA's SecurID Products. On Thursday, an extremely sophisticated cyberattack was in progress against RSA, targeting the security unit of EMC's SecurID two-factor authentication products; and
  • A More Secure Mag Stripe? As most of the world continues and completes its migration toward EMV and away from the mag-stripe, U.S. card issuers are looking to radio-frequency identification as a way to enable more security and spur adoption of contactless payments, which could also help to bridge the technology compatibility gap between EMV and the mag-stripe.

Please listen to this roundup, and check out all of the month's and week's news and views on BankInfoSecurity.com.




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