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.
"The environment that started by supporting whistleblowers ... is essentially morphing into 'Gee, we as an organization need to be completely transparent, whether we want to or not,'" says Cal Slemp, managing director of Protiviti.
Looking ahead to the new year, Kristin Lovejoy of IBM says information security organizations face a host of global compliance issues - and the complexity of this challenge may be the biggest task of 2011.
No one knows risk better than the internal auditor, and so no individual has a better opportunity to add risk management value to organizations, says Richard Chambers, president of the Institute of Internal Auditors.