Social engineering is a hacker’s clever manipulation of the natural human tendency to trust, with the goal of obtaining information that will allow him/her to gain unauthorized access to a valued system and the information that resides on that system. Pretexting is the act of using an invented scenario to persuade a targeted victim to release information or perform some action, usually over the telephone. The ultimate goal is to get enough information from enough [...]
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 [...]
As smartphone and tablet sales continue to increase, more employees are bringing their personal mobile devices into the corporate environment. Allowing these devices to connect to your network enterprise without any guidelines can pose a serious risk. Securing mobile devices is one of the biggest challenges facing IT security professionals as cyber criminals turn their attention to this platform. Research firm IDC says global spending on mobile security is on track to balloon to $1.9 [...]
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 [...]
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