The nature of sophisticated fraud is changing, argues NPCI's Bharat Panchal. He shares experiences from his sector to support this idea, and he shares insights on how this will affect the security practitioner roles.
The SWIFT messaging platform, which was hacked during the Bangladesh Bank heist, is used widely by most Indian banks for international financial transactions. Institutions that rely on the platform must be more vigilant, experts warn.
The Indian financial sector is at the dawn of a new age of electronic payments. What are the new form factors, and how must they be secured? An expert panel discusses the evolution and its unique security challenges.
The cyber insurance industry in Asia is heating up, with more organizations recognizing that cyber threat can in fact have crippling consequences. How will cyber insurance prove disruptive in 2016? Forcepoint's Carl Leonard shares insight
The Hong Kong regional headquarters of (ISC)² is collaborating with universities across Asia through its Global Academic Program to deliver essential skills to help grow the information security workforce.
In new guidance from the PCI Council, its leaders outline why businesses that handle card data need to address employee education. Here, experts explain why this guidance is a positive step for card security.
Paul Kleinschnitz, general manager of payment processor First Data's cybersecurity solutions team, says there are plenty of technologies to address payment card security, but cyberthreat awareness is still lacking.
The breach of a card loyalty marketing company that exposed card data and other personally identifiable information illustrates the privacy vulnerabilities third parties pose, experts say.
Communication is key in the wake of a cyber-attack, says Dennis Simmons of SWACHA, who explains how simulated attack drills will help banks overcome their information sharing challenges.
Mitigating card risks associated with retail malware attacks and POS vulnerabilities is a focus of updates to the PCI Data Security Standard, say Bob Russo and Troy Leach of the PCI Security Standards Council.
BITS is ramping up its work with federal regulators around pending legislation. What initiatives is the group spearheading, and how can banking institutions play an integral role in the process?
Banking regulators and law enforcement are collaborating to reduce losses linked to account takeover fraud. They say employee training at the branch level is a critical piece in the fraud fight. Why?
Technology is only part of the solution. To truly combat phishing, banking institutions need to address a trickier part of the equation. They need to change human behavior. Here are experts' tips.
"It was purely my networking that saved us and gave us time to defend ourselves appropriately," says Abbas Kudrati of the National Bank of Kuwait, following a recent cyber incident that impacted the bank.
Cisco has announced a major update to Cisco CCNA and CCNP security certifications to deliver specialized training in IT security to meet the needs of emerging technologies.
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