Mobile banking, social media, cloud computing. These all are part of the global banking landscape today, and with these innovations come expectations, says Allesandro Moretti of (ISC)2 and UBS Investment Bank.
"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.
This week's top news and views: New NIST guidance focuses on risk management; DHS seeks hundreds of millions of dollars for cybersecurity projects; and former New York State CISO Will Pelgrin on federal-state-local IT collaboration.
Mobile banking, social media, cloud computing. These all are part of the global banking landscape today, and with these innovations come new expectations, says Alessandro Moretti of (ISC)2 and UBS Investment Bank.
Speculation about the pending update to online authentication guidance has been circulating around water coolers for months now. "A [disclosure] like this could make it more challenging for the regulators," says attorney David Navetta.
"It's interesting to see regulators putting the onus on the financial companies for fraud that occurs after the theft has already happened," says David Navetta, co-chairman of the American Bar Association's Information Security Committee.
The co-chair of the Commission on Cybersecurity for the 44th President praises the Obama administration's commitment to IT security, but says the administration has much more work to do to develop a comprehensive strategy to combat cyber threats.
Sheryl Rose, the first chief information security officer at Catholic Health Initiatives, is leading efforts to implement a comprehensive security strategy as the organization rolls out electronic health records.
As criteria are developed for the next stages of the HITECH Act electronic health record incentive program, it's essential that privacy and security issues are adequately addressed, one consumer advocacy group stresses.