Between March 2010 and April 2011, 20 incidents of wire fraud hit small and mid-sized U.S. businesses. All of the transactions involved payments routed to Chinese economic and trade companies located near the Russian border.
Most furloughed federal employees would have had to turn in their BlackBerries and other mobile devices in a government shutdown. Just as well, using the technology could result in an employee landing in the slammer.
RSA executives haven't been commenting publicly since the security solutions vendor revealed last week it had been victimized by a sophisticated cyberattack aimed at its SecurID two-factor authentication product. But weeks before the hack, I spoke with RSA Chief Technology Officer Bret Hartman about advanced...
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.
"Today's risk management professionals really need to take a strategic view of managing risk to be relevant in achieving the organization's expected outcome," says Philip Alexander of Wells Fargo Bank.
Speculation about the pending update to online authentication guidance has been circulating around water coolers for months now. "A [disclosure] like this could make it more challenging for the regulators," says attorney David Navetta.
Once a CEO understands the value and risks catered through mobile functionality, it is easier to discuss mobile innovations, policy and how the company can then strike a balance to meet customer and employee requirements.