Info Risk Today Podcast

Risk management expert Frances McLeod says investment banks such as UBS struggle with balance between risk management and making money. "There is a bit of a conflict in the culture," she says.

Intelligence expert Terry Roberts says cyber intelligence, a new approach to IT security, could make significant gains in the coming year. "The good thing is, this isn't really rocket science," says the chair of the Intelligence and National Security Alliance's Cyber Council.

Nessa Feddis of the ABA says acceptance of online banking among U.S. consumers is accelerating quickly because consumers trust online security.

Based on its experience with Hurricane Irene, an executive at Memorial Sloan Kettering Cancer Center in Manhattan advises hospitals to make sure they plan for worst-case scenarios.

File transfer protocol remains a practice within banking institutions of all sizes. But how can banking/security leaders ensure secure FTP that will protect and track critical data? These thought leaders offer strategies.

The Sept. 11 terrorist attacks struck the U.S., but the impact and lessons affected the world and the entire information security profession, says Rolf von Roessing, past international vice president of ISACA.

Although the 9/11 attacks 10 years ago were a strong catalyst for ramped up disaster recovery and business continuity planning, there's still plenty of work to do, says security specialist Mac McMillan.

On the morning of Sept. 11, 2001, federal IT leader Mark Forman was briefing government chief human resources directors on the president's e-government initiative at a forum at the University of Maryland, a 10-mile drive from his White House office, when word came of the first jet crashing into the north tower of the World Trade Center in New York.

As we approach the 10-year anniversary of the 9/11 attacks on the U.S., Kevin Sullivan, a former investigator with the New York State Police, reflects on lessons learned and steps industries still need to take to ensure a tragedy like 9/11 is never repeated.

Frequent face-to-face training on social media policies is a vital component of any risk management effort, says consultant Erika Del Giudice.

Out with the old; in with the new. It's time for security-minded organizations to invest in the power and protection of the next generation firewall, says Matt Keil of Palo Alto Networks.

Doug Johnson of the ABA and FS-ISAC says banks and commercial customers are improving efforts to catch and thwart incidents of corporate account takeover, a sign that the industry is moving in a positive payments direction.

Careers in IT security remain hot, says David Foote, noted researcher and analyst of IT workforce trends. But there's a disconnect between current job opportunities and the talent pool looking to fill them.

The future worth of payments will not rely so much on tangible currency, but more on digital value and data. And that means a stronger need for security and data management.

Facial recognition technology could prove to be an effective way to authenticate individuals seeking entry to secured buildings or databases storing sensitive information. But the biometric technology already is being abused, and IT security managers employing facial recognition should be careful to encrypt the biometric data, cautions a privacy rights leader.

In many states, the top information security officer champions IT security rather than dictates it, as the decisions of specific steps to take to safeguard digital assets are left to departments, agencies and commissions.

Fraud is a global concern, and an area regulators and financial institutions the world-over are watching closely, says Bill Isaac. Whether a cyberthreat or mortgage fraud, investments in fraud prevention will continue, despite the state of the international economy.

ICBA's Chris Lorence says all financial institutions, especially community banks, should appreciate the positive and negative effects posts on social-networking sites can have on their reputations.

Having complete documentation of every aspect of your privacy and security strategy is the best way to prepare for a HIPAA audit, says consultant Cliff Baker.

Former FDIC head Bill Isaac says U.S. banks have strengthened their financial footing since the market collapse of 2008, but the U.S. economy remains on the verge of a "double-dip" recession. The reason: poorly planned regulatory reforms.