Banks that collectively own SWIFT saw their profits vanish last year as the organization increased its investments in information security, even as the interbank messaging service handled record volumes of money-moving messages.
Mobile payments are more secure than online and card payments, says David Lott, a payments risk expert with the Retail Payments Risk Forum at the Federal Reserve Bank of Atlanta. But how customers use their mobile devices can dramatically affect transactional security.
When an employee exits, it's essential to ensure their access rights don't go with them. Too often, however, organizations fail to track who's joining, leaving or changing roles, leaving them at increased risk of malicious activity.
Enterprise security leaders largely understand the business problems posed by a lack of privileged access management. But understanding and overcoming the obstacles to deploying a successful PAM rollout? That's the real challenge, says Alex Mosher of CA Technologies.
New documents dumped online by the Shadow Brokers group have revealed apparent NSA programs designed to target SWIFT service bureaus in the Middle East as well as a slew of exploits designed to infect Windows systems, patched last month by Microsoft.
CA Technologies has announced plans to snap up application security testing vendor Veracode for $614 million cash, to offer SaaS-based application security testing. The move signals that secure coding - and agile-inflected DevOps - is hot. But will it come in time to secure the internet of things?
The breach of an offshore account owned by Union Bank of India is raising new questions about the security of interbank payments, which often rely on antiquated backend verification processes that fraudsters seem to be compromising with relative ease.
Before moving to faster payments, U.S. banks should scrutinize the security gaps exploited in the SWIFT-related bank heists and build effective risk-mitigation strategies that include stronger layers of authentication, financial fraud experts say.
The keys to the digital kingdom are too easy to steal through malware and social engineering. What can security leaders do to help raise their organizations' level of privileged access management? Ken Ammon of CA Technologies offers insights in this video interview.
Application Programming Interfaces have security vulnerabilities that pose significant business risk. CA's Vic Mankotia cautions security leaders about how they manage APIs to secure digital identities.