When it comes to fraud prevention, things are going to be different in 2011. It's clear that fraud in the United States has reached a tipping point, and financial institutions are at the center of it all.
Executives deal with risk all of the time, except that is, information technology risk. For many non-IT leaders in government and business, IT risk is outside their comfort zone. Oregon CISO Theresa Masse wants to change that.
Imagine drafting the top IT security minds into a defense force to protect the nation's critical IT infrastructure. Defense Minister Jaak Aaviksoo and other Estonian leaders mull the possibility of instituting such a draft.
Fraud attempts will escalate, not diminish, as new threats and channels blossom in 2011. Growth in mobile banking and the use of social networks are expected to pose new security challenges, experts say.