When it comes to cyber threats facing Indian financial institutions, the human element is by far the biggest, says Vicky Shah, founder of the security firm The Eagle Eye, and banks need to have measures in place to address the problem.
As Indian banks have migrated to new, electronic platforms including online and mobile banking, so too have the fraudsters. Vicky Shah, author of a new book on cyber crimes, offers insight to help protect banks and their customers.
Some organizations hesitate to involve law enforcement in their breach investigations for fear that exposing the hack would cost them their reputations and money. A Justice Department contingent tells a gathering of lawyers why that impression is wrong.
Melissa Hathaway, at a cybersecurity forum for lawyers, calls for the cybersecurity education of judges so justice could be served in an era of digital assaults. She also explains how the Sony breach provides a new path for malware.
Healthcare organizations need to implement role-based privacy and security training to identify specific types of education for employees with different levels of access to protected health information, says Alex Eremia, chief privacy officer at MedStar Health.
Quantifying the safety or danger of cyberspace is tough. But a highly respected IT security practitioner and an experienced risk management consultant have teamed to develop an index they contend reflects the relative security of cyberspace by aggregating the views of information security industry professionals.
The same approach governments and businesses employ to protect individuals from the dangers of secondhand smoke could be applied to safeguard cyberspace, says Scott Charney, Microsoft's vice president of trustworthy computing, engineering excellence and environmental sustainability.
India's data protection standards are already strong. But to be truly secure and world-class, then organizations must protect themselves above those standards, says Dr. Kamlesh Bajaj, CEO of the Data Security Council of India.