Organizations considering using the cloud computing model should carefully consider a long list of legal issues before taking the plunge, an attorney advises.
William Henley, senior vice president of regulation for BITS, says banking institutions can expect new mobile banking regs and guidance in the near future.
"If we don't have human capital in place, the other stuff is not going to work," says Patrick Gorman, former associate director of the Office of National Intelligence. "It is the most critical piece of cybersecurity."
Attorney L.T. Lafferty says the greatest challenge financial institutions now face in mortgage lending is complying with new consumer protection regulations.
A review of this with week's top stories by managing editor Tracy Kitten: California Eyes Stronger Privacy Law; Mobile Banking: It's Not About ROI.
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Exclusive, insightful audio interviews by our staff with creditunion/security leading practitioners and thought-leaders. Transcripts are also available on our site!