What’s this Security Awareness Program you speak of? In case you didn’t know, a security awareness program is a crucial piece of the newest multi-factor authentication (MFA) guidance that was put in place January of 2012. So if you’re a financial institution looking for a good example of why you should have a security awareness program, or you’re just trying to figure out what people are talking about pertaining security awareness, this is where you’re [...]
Partnership Will Focus on Offering Mobile Banking and Mobile Marketing Solutions to Financial Institutions Bank Companion, a leading provider of mobile banking software to banks, community banks and credit unions around the world today announced its partnership with Infosight, Inc. a leading provider of IT infrastructure, security and compliance solutions for financial institutions. Research shows that an increasing number of financial institutions have made mobile banking as one of their top priorities. An Accenture Survey [...]
By now, the new FFIEC guidance should have found its way onto your desk and to the top of your ‘To Do List”. After all, the January compliance deadline is fast approaching, so it’s time to get busy. The question everyone is asking is no longer “What is this?”, but “How do I do this? Where do I begin?” To help you, we’ve identified five key starting points for financial institutions. 1. Enforce strong step-up [...]
Twitter | Facebook | LinkedIn In The News: New Banking Trojan The SonicWALL UTM Research team has received reports of a new banking Trojan named Tatanga in the wild. Spain, Germany, the United States, and the United Kingdom are the top countries affected by this Trojan. This Trojan has many sophisticated features resembling functions found in the popular crime-ware toolkits Zeus and SpyEye which includes: Encrypted configuration files Encrypted communication between the bot and the [...]
If your home has ever been burglarized, you know the unnerving feeling of being violated and how the experience can haunt you for a long time. Obviously, locks and bolts are only as strong as the door and the frame they’re fitted to. This is also true of the security posture of financial institutions. Outdated software applications, misconfigured devices, and ineffective security policies are much like the weak or rotten woodwork framing the door of your home ...