Multi-factor authentication for home banking

For fear of becomming(sic) the next victim of identity theft, 150 million U.S. consumers don’t bank online, according to experts. But the banking industry could improve profitability by as much as $8.3 billion per year if banks build consumers’ confidence in online security, according to the TriCipher Consumer Online Banking Study, conducted by Javelin Strategy […]

Sharing security information

I think fragmentation of knowledge is a root cause of data breaches. It’s almost a cliche to say that the  security and compliance industry has done a poor job in preventing data breaches of over 245 million personal records in the past 5 years. It is apparent that government regulation is  ineffective in preventing identity […]

Data security – is psychology more important than technology?

We had a discussion with a prospect for a DLP (data loss prevention) system) that started with discussing the pros and cons of various DLP solutions (Verdasys, Mcafee DLP, Websense, Fidelis Security) and finished with a drill-down into how they can build a business case to acquire and implement data security technology. After a very […]

Bank employee steals 100,000 sheqels

This is a classic case of trusted insider threat  – as reported by yesterday’s morning paper – “Israel Today”: ( i assume that this has been under investigation for a while so the actual event may have happened over a year ago…). The arrest sheet in the Tel Aviv district court depicts collusion between an […]