Patrick Gorman, a former associate director of the Office of the Director of National Intelligence, is the new chief information security officer and senior vice president at Bank of America, the nation's largest bank company.
"We are looking to build a cybersecurity workforce from the ground up, rather than hire those already trained," says Nicole Dean, Deputy Director of the National Cyber Security Division at DHS. "We are looking to hire the best and the brightest."
Emerging technologies, application vulnerabilities and regulatory compliance force organizations to bridge the development and security silos and find avenues for interdisciplinary cooperation to produce secure software.
Recent incidents of corporate account takeover have pushed regulators, associations and practitioners to call for greater awareness and more collaboration between commercial customers and banks. But is there an ROI to enhanced awareness?
"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.
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.
The information security profession is at a crucial turning point as professionals scramble to develop new skills in the arenas of cloud computing, mobile applications and social media, a new survey shows.