Biometric adoption and demand by consumers is increasing rapidly. Next-gen solutions now exist for organizations to bring secure, frictionless authentication to their consumers using biometric solutions. Michael Lynch of InAuth shares insights.
The security landscape has shifted significantly for financial services organizations. And now they must use digital transformation as the impetus to evolve their cybersecurity strategies, says Bruce Roton of Level 3.
Like many other inventions now common in modern life, distributed cybercrime may seem trivial today. But this concept emerged little more than a decade ago and has already dominated the threat landscape.
With Verizon's data breach investigations team finding that 90 percent of breaches trace to a phishing or other social engineering attack, lead investigator Chris Novak says that using multifactor authentication should be a no-brainer for all organizations.
Last month, the FFIEC issued an FAQ about its Cybersecurity Assessment Tool, reiterating that use of the tool is voluntary. But some critics say regulators are still questioning institutions about their use of the tool during IT examinations, meaning its use is not truly voluntary.
In an interview, experts from one of the FFIEC's five regulatory agencies explain why the council released a "frequently asked questions" guide to its Cybersecurity Assessment Tool and how they hope banking institutions will put the FAQ to use.
Now that both the FBI and the FFIEC have issued alerts calling attention to the risks associated with interbank messaging and wholesale payments in the wake of SWIFT-related heists, U.S. institutions should brace for more regulatory scrutiny of bank-to-bank payments, financial fraud experts say.
The FFIEC has released detailed security guidance for mobile banking and payments that its examiners will now use in their assessments of financial institutions. Banking security experts offer a critique.
Threat response is a lot like physical fitness. Enterprises know what they need to do - they often just opt not to do it. RSA's Rashmi Knowles offers advice for how to move from threat prevention to response.
At a time when fraud schemes are evolving and anti-fraud solutions are in high demand, it's also time for organizations to ensure their security controls are both effective and convenient. T. Kendall Hunt, CEO of VASCO Data Security, tells how in this video interview.
The Department of Homeland security sees malware provenance - which identifies the attributes of malicious codes - as a way to complement its signature-based Einstein intrusion detection and prevention systems to find malware that infects IT systems.
The FFIEC's Cybersecurity Assessment Tool needs to be redesigned, as the tool's current design sets institutions up for cyber-risk assessment failure. Industry leaders say they're hopeful that change is on the way because the FFIEC is reviewing a second wave of comments about the tool's efficacy.
In response to banking institutions' requests for clarification of the Cybersecurity Assessment Tool, the Federal Financial Institutions Examination Council is taking a preliminary step that could lead to refinements.
The security of Internet-connected toys is in the limelight after toymaker VTech acknowledged suffering a data breach that affects 5 million accounts and personal information and photographs relating to more than 200,000 children.