Here's a New Year's resolution every banker can appreciate: In 2011, the industry must embrace a stronger dedication to investments in fraud-detection and prevention.
Despite an overall, albeit gradual, decline in check use, check fraud continues to plague the financial industry. And banks and credit unions are challenged to curb these evolving crimes.
Federal employees practice good IT security hygiene, especially when they're in the office; less so when they work remotely, possibly because IT security measure are seen hindering productivity.
The General Services Administration needs to strengthen its IT security program in four key areas, the GSA inspector general says in its latest information security audit.
As it expands its presence in healthcare, Verizon has set the ambitious goal of issuing free digital credentials to 2.3 million clinicians, says Steven Archer, who heads the innovation incubator group at Verizon Business.
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.
Researchers explore adapting geolocation technology to identify where data reside on the cloud so organizations can comply with IT security laws and regulations, RSA Chief Technology Officer Bret Hartman says.
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