Security Leadership and Management

RSS

Account takeover and fraud schemes are costing consumers, banks, retail organizations, healthcare and other online businesses billions of dollars each year. What’s more, the cost of these attacks is on the rise—according to Riskified, losses from account takeover rose 122 percent from 2016 to 2017 and increased by 164 percent the following year.

The OASIS international consortium has announced an industry initiative to bring interoperability and data sharing across cybersecurity products.

Today, the average American leaves the house with a smartphone that has more computing power than the systems that landed humans on the moon. The Internet of Things (IoT) enables refrigerators to tell you that you’re running out of milk and cars to provide assisted driving. The reality is that the knowledge economy is in full swing, and the modern world’s relationship with technology has advanced to a state where nearly all aspects of our daily lives are touched by the internet. 

As threats from the cyber and physical realms become increasingly prevalent and complex, enterprise security teams must arm themselves with an integrated approach to security operations—one that incorporates cybersecurity, physical security and advanced technologies such as artificial intelligence (AI) and machine learning.

The Internet Security Alliance (ISA) and The European Confederation of Directors’ Associations (ecoDa) announced a partnership to develop a handbook on cyber-risk management for European corporate boards of directors.

From the standpoint of risk analysis, recency bias—that is, an overwhelming focus on events that have happened most recently—is one of the most nefarious psychological blinders.

How is Mary Ludford, Vice President and Deputy Chief Security Officer for the Corporate and Information Security Services business unit at Exelon Corporation, mitigating and managing risk on a daily basis?