Today's top fraud threats recognize no global boundaries, says James Ratley, head of the Association of Certified Fraud Examiners. And they require a stronger global workforce than ever before.

The Fed's ruling on interchange cuts mandated by the Durbin Amendment will aid fraud prevention and could accelerate a move to chip-based payments, says Randy Vanderhoof, director of the Smart Card Alliance.

Organizations' biggest obstacles to privacy protection are the organizations themselves - specifically, their silos - says Dr. Ann Cavoukian, proponent of the new concept, Privacy by Redesign.

Fraud expert Ori Eisen says banks spend too much time reacting to ACH fraud, rather than trying to stop it. Now that the FFIEC's new online authentication guidance is official, banks must focus on eliminating outdated solutions and moving toward automated solutions for device identification and log analysis.

SafeNet CEO Chris Fedde says top executives, not chief information or chief information security officers, should have final say on what data to encrypt.

Northrop Grumman Cybersecurity Research Consortium's Robert Brammer says IT security researchers should think like Wayne Gretzky, the National Hockey League hall of famer: Skate to where the puck will be.

AppSec's VanHorn says more segregation of employee duties is needed.

The PCI Security Standards Council's new guidance on virtualization in the payments space aims to provide best practices for securing the payments chain's virtual platforms and appliances.

What's the top threat on the minds of global IT leaders? Employee-owned mobile devices - or BYOD (bring your own device), as the trend is known. The struggle: Do mobile device benefits outweigh the organizational risks?

The same approach governments and businesses employ to protect individuals from the dangers of secondhand smoke could be applied to safeguard cyberspace, says Scott Charney, Microsoft's vice president of trustworthy computing, engineering excellence and environmental sustainability.