Banking/Finance/Insurance

Where compliance is essential, but also brand, data and identity concerns.

ARTICLES

Mastercard and Visa to Create New Security Standard to Replace Passwords for Online Payments

MasterCard is working with Visa to create a new authentication standard for online payments that will gradually replace the 3D Secure protocol with “invisible authentication”.


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Stephen Baker: Securing Other People's Money

 All $27,430,000,000,000 of it. That is $27 “Trillion” with a capital “T” of other people’s money under custody at State Street Corporation. Most of their customers, actually, are other financial institutions as well as institutional investors, and their brand and business relies on the continuous vigilance of their executive leaders including Steve Baker, Vice President and Deputy CSO.  


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JP Morgan Chase Sees Cyber-Security Spending Doubling

 JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the bank will probably double its $250 million annual computer-security budget within the next five years. 


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JP Morgan Reports Massive Security Breach

 A cyberattack on JPMorgan Chase & Co., first announced in July, compromised information from 76 million households and 7 million small businesses.


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Banking on Identity Management for Security and Compliance

Because of the sensitive nature of the assets and information they maintain for customers, ensuring a highly secure environment is mission-critical for banks and other financial institutions.
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Barclays Launches Biometric Finger Scanner

 Barclays is set to enable corporate clients to authenticate transactions using finger vein recognition technology.


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More Than 575 Million U.S. Payment Cards to Feature Chip Security in 2015

 Nine of the country’s largest payment card issuers who participate in the Payments Security task force estimate that they will have issued more than 575 million chip-enabled payment cards by the end of 2015. 


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Banks are Starting to Use Vein Patterns for ATMs

Poland has become the first country in Europe to introduce a network of "finger vein ID" cash machines.


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New York to Increase Assessment of Bank Cybersecurity Plans

New York's banks will face new cybersecurity assessments carried out by the Department of Financial Services (DFS), under plans unveiled by Governor Andrew Cuomo.


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Recent Data Breaches Hit Nearly 80% of Banks, Financial Accounts

Headlines continue to highlight data breaches, especially those compromising payment, banking and personal data.

The silver lining to the breaches, according to the ACI report, is that although data breach-related fraud has had a negative impact on banks’ and financial institutions’ bottom lines, more than 40 percent of respondents indicated that their customers have appreciated the proactive outreach and response to market events, which helps to keep financial institutions on the right side of customer satisfaction, rebuilding brand trust.


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ASIS 2013 Product Preview

ASIS International 59th Annual Seminar and Exhibits, September 24-27 in Chicago, Illinois, will include an exhibit hall packed with innovative security solutions. Here are some of the products that will be shown at ASIS this year.

Podcasts

Virtualization and Data Center Security: What You Need to Know for 2014

Data centers are increasingly becoming the center of the enterprise, and data center and cyber security is following the same path for security departments. According to Justin Flynn, a consultant at the Burwood Group, the virtualization of data centers allows enterprises to scale more easily and faster, with a smaller footprint.

However, hosting enterprise data in the cloud can make intrusion detection more difficult – how can enterprise security leaders team up with other departments to keep aware of cyber risks and traffic, and physical and data compliance during the virtual transition? How can CISOs and CSOs discuss cyber threats with the C-Suite to get the resources they need? And how can the proper infrastructure test and verify possible malicious attacks? 

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Security Magazine

Security December 2014 issue cover

2014 December

This issue of Security Magazine covers our 12th annual Top Guarding Firms list. Check out the best of the best as of December 2014. The 21st century has brought with it new types of security threats. Read how to combat and protect against these threats.

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Security Emergency Preparedness Training

Which security personnel emergency preparedness training is the top priority to you and your enterprise?
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THE SECURITY STORE

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CompTIA Security+ Certification Study Guide
CompTIA's Security+ certification is a globally-recognized, vendor neutral exam that has helped over 60,000 IT professionals reach further and higher in their careers. The current Security+ exam (SY0-201) focuses more on being able to deal with security issues rather than just identifying them.
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Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

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Vertical Sector Focus: Critical Infrastructures

criticalhomepagethumbFrom terrorism to vandalism, it’s preparedness, response, training and partnerships. Learn about some of the critical security issues facing this sector.

Visit the Critical Infrastructure page to read more.