More than just Facebook friends, today's Chief Information Security Officer needs to connect and collaborate with key corporate allies who can influence the enterprise risk and security practices within any organization.
ThreatMetrix's Taussig says strong authentication should be part of every financial institution's layered security approach. And according to expected changes to the Federal Financial Institutions Examination Council's 2005 online authentication guidance, that means proven measures to enhance device identification.
When it comes to hot topics, they don't get hotter than authentication, cloud computing and IT governance - all of which I've discussed at length in recent interviews with industry thought-leaders. Let's review some highlights from these conversations.
Globally, countries and organizations now recognize the need for a unified approach for managing IT infrastructure services, says Marlin Pohlman of the Cloud Security Alliance. The trick is developing this new set of global standards.
ThreatMetrix's Taussig says device identification must be part of layered security measures. Banking regulators want financial institutions to deploy multiple layers of online security. But what does that expectation mean when it comes to investments in fraud detection?
Wire fraud incidents from China prove current security measures, including multifactor authentication, are too easy to bypass. And security pundits say it all points back to why the financial industry needs more guidance about adequate online security.
"On a global basis, countries are recognizing that they need a uniform commercial code, if you will, for data - a unified approach for managing IT infrastructure services," says Marlin Pohlman of the Cloud Security Alliance.
From mobile devices to social media and cloud computing, IT governance is all about risk management. "You can't de-risk everything, but you can de-risk the majority of circumstances you will see in normal operations," says governance expert Robert Stroud.
The non-standardized collection device is responsible for 13 percent of the biometric records maintained by DOD, representing some 630,000 DoD records that cannot be searched automatically against FBI's database of about 94 million records.