New research shows consumers believe online purchases are more secure than those made at bricks-and-mortar retailers. Researcher Shirley Inscoe of Aite explains why misconceptions about card fraud should be worrisome to banks.
"United we stand; divided we fall." That's the message from Art Coviello to kick off the 2014 RSA Conference Asia Pacific & Japan in Singapore. What advice does the RSA chair offer to global security leaders?
A security expert and average consumers respond differently to the eBay breach. As most customers retain a high degree of faith in online merchant security, the expert believes eBay committed a serious sin in its lack of strong authentication.
The OCC says cyberthreats against the U.S. financial infrastructure are growing, and financial fraud should not necessarily be banking institutions' top concern. Learn more about the latest OCC report.
Could too much regulatory oversight hinder cyberthreat information sharing, rather than encourage it? That's an increasing concern for bankers, who argue regulators could bog down progress in cybersecurity.
Tim Pawlenty, CEO of the Financial Services Roundtable, says the only way to ensure adequate cyberthreat information sharing is through federal legislation that would furnish liability protection and other incentives.
Recognizing the security workforce shortage is one thing. Addressing it is quite another. What will it take to truly grow the workforce? Diana Burley of The George Washington University shares her vision.
Banking institutions must improve how they analyze cyber-threat intelligence. But without better tools, security leaders can't adequately anticipate new attacks, says Greg Garcia, the new executive director of the FSSCC.
Letting women make mistakes, as men are allowed to do, could help grow the female IT security workforce from its current level of less than 30 percent. That's a conclusion of a panel of IT security experts assembled by Information Security Media Group.
The Financial Stability Oversight Council says banking regulators need to ensure institutions are expanding their cyber-intelligence sharing and third-party oversight as attacks against the financial infrastructure mount.
Banking experts say the Retail Industry Leader Association's launch of a cyberthreat information sharing initiative is a good first step toward thwarting breaches, but it should build on the models used by other industries.
Security executives who attended ISMG's Fraud Summit Chicago said they see a growing need for sharing more cyber-intelligence with community banks and credit unions. But how else could smaller institutions improve their fraud-fighting efforts?