Medtronic's announcement that it's launching an "in-depth risk/benefit analysis" following an "ethical hack" of one of its insulin pumps is good news. We hope that Medtronic and all other medical device manufacturers launch long-overdue, aggressive efforts to improve medical device safeguards.
The Department of Veterans Affairs expects to accommodate the use of in excess of 100,000 iPads and iPhones within 18 months, including a mix of government-owned and personal mobile devices, says Roger Baker, CIO.
Bolstered by an international conference, Chief Information Officer Gordon Bruce of the city and county of Honolulu, is working energetically to expand digital and physical security.
ID theft expert Joanna Crane wonders whether banks, government agencies and healthcare providers do enough to assist consumers with ID theft recovery, saying consumer expectations are often loftier than what's being done to meet the demand.
Heavily regulated industries like banking and healthcare have been reluctant to make the virtualized leap to the cloud, fearing a loss of control could open them to unforeseen risk. Are their concerns unfounded?
News this week about an "ethical hack" of a Medtronic insulin pump, which has a wireless transmitter, could prove to be a catalyst for ramping up efforts to protect the security of medical devices.
Switzerland-based UBS says an internal assessment has identified two financial controls that were not effective and ultimately resulted in losses totaling $2 billion in unauthorized trades.
CIOs and CISOs face the overwhelming mission of safeguarding systems and data while fiscal shortfalls force significant consolidation and reengineering of IT programs and services.
The only way to improve card security is for banks and merchants to align their strategies, says Gray Taylor of NACS. "This is something that hurts both of our industries. Fraud hurts us all."
Occupy supporters plan today to protest at several banks' headquarters in NYC. Coming on the heels of cyberattacks that targeted police in Boston, how worried should banks be about growing physical threats and cyberattacks waged by Occupy sympathizers?
New research from Carnegie Mellon University's Software Engineering Institute provides further evidence why IT security isn't just the problem of an enterprise's security organization but of its top non-IT leadership as well.
Phishing schemes that aim to gather credit and debit details are on the rise. The American Bankers Association offers tips on exactly what you should tell your employees and customers about the latest scams.
After six years as head of the National Institute of Standards and Technology's Information Technology Laboratory, Cita Furlani will retire early next year.
The U.S. explosion in card skimming will be the ultimate catalyst for change from mag stripe to chip and PIN technology. "I do believe that shift has begun," says SVB's Pradeep Moudgal. "Everyone wants to be in a much more secure environment."
"We shouldn't make the false choice between security and innovation," Federal CIO Steven VanRoekel says. "In fact, innovation can make us more secure as long as we build security into everything we do."
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