Info Risk Today Podcast

Give a man a fish, you feed him for today, the proverb says. Teach a man to fish; and you feed him for a lifetime. That adage can be applied to information security, as well.

As banks and credit unions assess online risk, in light of the updated guidance from the FFIEC, financial fraud analyst Tom Wills says they should consider mobile as a viable layer for out-of-band authentication.

Regulation and legislation are working in banking institutions' favor, helping them enhance fraud prevention and detection investments for debit and online banking.

Healthcare organizations entering cloud computing contracts should carefully consider whether they need additional liability insurance coverage to address the risks involved, says IT consultant Gerard Nussbaum.

Eduardo Perez says, simply, the "time was right" for Visa's introduction of chip-based payments incentives for U.S. merchants. Visa's new mobile-to-EMV program offers PCI-audit-compliance waivers to qualified merchants who implement dual-interface contact and contactless acceptance.

Before negotiating a contract with a cloud computing vendor, organizations should ask plenty of questions about privacy and security, says consultant Chris Witt.

Bob Russo says the long-awaited PCI guidance on tokenization should provide merchants with a baseline for standardization and best practices, and serve as a roadmap for how tokenization can complement compliance with the PCI-DSS.

Eugene Spafford thinks America needs the cybersecurity equivalent of an agriculture extension service to help educate citizens on IT security.

When it comes to social media, organizations have to be vigilant and consistent with risk assessments that closely monitor and evaluate emerging threats, says Andrew Kennedy of BITS.

Yahoo's Justin Somaini believes his fellow CISOs in business and government do a good job keeping their bosses informed of proper information security practices, but could do better in educating the rank and file about them.

Ian Harper of Pentagon Federal Credit Union says financial institutions should continually review their risk management processes, a recommendation reinforced by the new FFIEC Authentication Guidance.

Federal officials should consider a major revamp of a proposal that would require healthcare organizations to provide patients with a report listing everyone who has electronically accessed their records, a former government official who helped draft the proposal says.

ISACA's Marc Vael says differences in cloud computing environments and cloud providers can pose security risks. But well thought-out contracts and risk-management plans can fill potential security gaps and ensure business continuity during outages and disasters.

No two fraud incidents may be exactly alike, but a fraud investigator's approach can still be very consistent and precise, says Jean-Francois Legault, a fraud investigations specialist with Deloitte and Touche.

Chris Olson of Fremont Bank says card skimming and the acceleration of ID theft prompted the bank to initiate a move from the mag-stripe to the chip.

Before entering a contract with a cloud computing company, organizations should consider three critical issues, says Feisal Nanji, executive director at the security consulting firm Techumen.

"We're continually testing our controls and the effectiveness of our controls. We do a lot of emerging-threats monitoring ... so we can react," says First Niagara's Joe Rogalski.

Scott Laliberte, managing director of Protiviti, wrote the book on penetration testing, and he has strong feelings about what organizations are doing right and wrong when assessing their information security risks today.

Dan Rode of the American Health Information Management Association describes why the group wants to see major revisions in a proposed federal rule requiring hospitals, clinics and others to give patients access reports listing everyone who's viewed their records.

Oregon Chief Information Security Officer Theresa Masse finds herself at the center of a state initiative to simplify compliance by agencies with Internal Revenue Service rules to safeguard taxpayer data.