TITLE

How to Handle The Costs of Data Security

AUTHOR(S)
Pflaging, Jim
PUB. DATE
January 2007
SOURCE
Bank Technology News;Jan2007, Vol. 20 Issue 1, p33
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the significance of developing data security by financial institutions. It is important for financial firms to consider security information management solutions that can help protect unauthorized access of relevant information in computer systems. The application of columnar data compression enables financial institutions to provide a wide range of information made available to banks while reducing costs.
ACCESSION #
23835551

 

Related Articles

  • FSA: financial firms fail to check outsourced security. Flinders, Karl // Computer Weekly;4/29/2008, p5 

    The article reports that according to Great Britain Financial Services Authority (FSA), financial services firms are failing to check the information technology (IT) security arrangements of firms they outsource back-office functions to. In its Data Security in Financial Services 2008 report,...

  • Trustwave Hikes Data Security. Wolfe, Daniel // American Banker;2/21/2008, Vol. 173 Issue 35, p6 

    The author reports on changes which have been made to the TrustKeeper tool by Trustwave Holdings Inc. in order to comply with payment card industry (PCI) standards. PCI data security standards overseen by the security standard council are discussed. Questionnaires which small retailers are...

  • Compliance Risk Assessment Measures of Financial Information Security using System Dynamics. Ae Chan Kim; Su Mi Lee; Dong Hoon Lee // International Journal of Security & Its Applications;Oct2012, Vol. 6 Issue 4, p191 

    In this paper, we analyze relationships between EFT (Electronic Financial Transaction) Act of Korea and risk assessment standards and propose the map that helps financial institutions determine the priority of security control areas. It is a new method for financial information security risk...

  • Password Protection and More. Orr, Vanessa // Alaska Business Monthly;Apr2008, Vol. 24 Issue 4, p168 

    The article reports on Alaskan financial institutions' upgrading of their online security. Some online theft attempts are phishing, Dumpster diving and ATM skimming. Data from the Symantic Corp.'s Internet Security Threat Report showed that 7.92 million daily phishing attempts were identified...

  • Event Logs Are Key to a Secure Network. Greene, Sari // Maine Community Banker;2007 Supplement, p8 

    The article discusses the importance of monitoring event logs in data security management and discusses challenges facing banks in auditing logs. Event logs help banks determine malicious activities such as unauthorized access to critical data and fraud. The huge volume of event logs makes it...

  • Getting "front and center" on security policies. Bielski, Lauren // ABA Banking Journal;Mar2005, Vol. 97 Issue 3, p57 

    Provides information on the security policies of banks in the U.S. Importance of security policies to the financial service industry; Development of advanced computer security programs for banks and other financial institutions by various security technology developers; Views from several...

  • Bid Farewell to Your Mother's Maiden Name. Hunt, Ken // Bank Technology News;Jun2006 Supplement, Vol. 19, p32 

    The article discusses the recommendation given by the U.S. Federal Deposit and Insurance Corp. (FDIC) to enhance information security for the financial services industry. The FDIC has recommended that banks and financial institutions should adopt strong, two-factor authentication for online...

  • Can your business protect the data it collects? LeDuc, Susan N. // New Hampshire Business Review;6/24/2005, Vol. 27 Issue 13, p31 

    The article presents instructions to protect data in various firms. Every business collects information about its customers. Every business also transfers payment information through the financial system to collect payment. Every business that is not paid solely in cash must use other vendors to...

  • Visa's PayWave to Use EMV for Security. Wade, Will // American Banker;7/3/2008, Vol. 173 Issue 128, p7 

    The article discusses the security features being used by Visa Inc. in its PayWave contactless technology. According to the article, PayWave will be using a format that is based on the Europay, MasterCard, Visa (EMV) security format. Improvements which the EMV security format will have compared...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics