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.