Information Security

Enterprises Need to Review their Mobile Security Policies as Mobile Banking and Payments Increase in Popularity, says IDC Financial Insights

June 28, 2012 - The popularity and massive growth of smartphones for business use is forcing enterprises to sit up and rethink their security and defense mechanisms. In the report "Enterprise Mobile Device Security: Development Guidance to Tackle the Mobile Security Minefield" (Doc # FIN235403, June 2012), IDC Financial Insights examined the need for enterprise mobile security, especially within the mobile banking and payment arena, and discussed core measures for enterprises to boost mobile security, including mobile device management (MDM) and mobile application management (MAM).

GAO Report: Cyber Threats Facilitate Ability to Commit Economic Espionage

June 28, 2012 - The nation faces an evolving array of cyber-based threats arising from a variety of sources. These sources include criminal groups, hackers, terrorists, organization insiders, and foreign nations engaged in crime, political activism, or espionage and information warfare.

Information Security

High rolling cyber-crooks are smashing bank security safeguards

June 26, 2012 - A new, sophisticated breed of cyber-crooks targeting bank accounts belonging to businesses and high-net worth individuals around the world may have stolen EUR60 million over the last year, according to an investigation from McAfee and Guardian Analytics.

Information Security

Bank CIOs Report a Wide Variance in Information Management Effectiveness

June 6, 2012 - Bank CIOs report that under-investment in Information Management (IM) programs at their institutions is expected to continue, according to a report based on a survey commissioned by Capco and conducted by The Banker.

Information Security

US banks consider IT top spending priority; shift from branch to mobile evident

June 6, 2012 - American banks consider technology investment a top spending priority for the year ahead, with platform simplification the most important IT-related project, according to a KPMG survey.

Information Security

ISO publishes LEI standard

May 31, 2012 - The International Organisation of Standardisation (ISO) has published a standard for Legal Entity Identifiers, designed to provide unambiguous identification of counterparties engaged in financial transactions.

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