The Reserve Bank of India issued a notice to all cooperative banks advising them to apply caution while deploying third-party core banking applications and check for appropriate security standards. The move came after credential theft incidents at some banks. But will banks heed the advice?
The Virtual ID system that can be used in lieu of Aadhaar number for identity verification is now operational across banks and enterprises. However, UIDAI has extended its migration deadline to Aug. 31 to enable all organizations to be ready. Experts weigh in on the enterprise readiness for Virtual Aadhaar.
The difficulty in hiring new information security personnel and need to combat the ever-rising number of threats is driving many organizations to seek increased incident response automation, and in many cases to get it by working with managed security service providers, says AlienVault's Mike LaPeters.
Three key challenges facing security practitioners worldwide are visibility, metrics and orchestration, says Vishal Salvi, CISO for India's tech powerhouse Infosys. The threat landscape, rather than compliance, is driving security decisions, he says.
Recent failures of IT systems at some major airports and banks are a reminder that as an organization launches a digital transformation project, or seeks to move more of its processes to the cloud, those efforts won't necessarily proceed smoothly or securely, says Skybox Security's Justin Coker.
The latest challenge to face CISOs: Finding the best way to keep their organization secure while at the same time navigating political edicts that may lack any technical detail or present solid facts or alternatives to suspect technology, says Jaya Baloo, CISO of KPN Telecom.
The annual Infosecurity Europe conference returns to London this week, with a focus on the latest cybersecurity trends and essential practices for organizations. Hot topics range from artificial intelligence and breach response to GDPR and battling cybercriminals and nation-states.
Leading the latest edition of the ISMG Security Report: Cybersecurity expert Brian Honan provides insights on why organizations that are not yet compliant with GDPR need to focus on several key steps. Also: An assessment of the progress women are making in building careers in information security.
Cybersecurity challenges and solutions have evolved greatly since 2002. And so has the Executive Women's Forum, which was founded that year to advance female leaders in the profession. Founder Joyce Brocaglia reflects on the forum's accomplishments and challenges.
Chili's Grill & Bar is warning customers that an unknown number of payment cards were compromised at an unknown number of corporate-owned locations earlier this year for a period of time it suspects lasted two months. Should Chili's have waited to alert customers until it had more information?
Security leaders need to align business goals and risks to be able to gain buy-in for security initiatives, which is the only way to achieve a cultural change in the organization, says Sameer Ratolikar, CISO of India's HDFC Bank.