From mobile devices to social media and cloud computing, IT governance is all about risk management. "You can't de-risk everything, but you can de-risk the majority of circumstances you will see in normal operations," says governance expert Robert Stroud.

Deven McGraw, co-chair of the Privacy and Security Tiger Team, discusses its most recent recommendations and her views on encryption and asks for suggestions on additional topics to address.

The latest Verizon Data Breach Investigations Report is out, and the good news is: The number of compromised records is down. The troubling news is: The number of breaches is up. Bryan Sartin, one of the report authors, explains why.

This week's top news and views: Cutting funding for IT security could prove dicey, comments from DHS Undersecretary Philip Reitinger and Sen. Thomas Carper; year-long Texas breach exposed personal information of 3.5 million; bill unveiled to safeguard personal data online; and Google and Microsoft battle over cloud certification. And don't miss our audio week-in-review podcast by Executive Editor Eric Chabrow

Payment card fraud. ACH and wire transfers. ATM skimming. And especially insider crimes. These are among today's top information security threats to institutions, says banking regulator Gigi Hyland in an exclusive interview.

The Heartland hacker says the U.S. government was aware of his illegal activities, and an ID security expert talks about phishing threats in the wake of the Epsilon breach.

The Heartland hacker says the U.S. government was aware of his illegal activities, and an ID security expert talks about phishing threats in the wake of the Epsilon breach.

Altra Federal Credit Union developed a calculated strategy before moving to the cloud -- advice all financial institutions should follow, says Brian Boettcher, VP of IT, who shares his lessons learned.

The bad news is that banks and businesses have not made great progress in the fight against account takeover fraud. The good news is: They have the strategies and tools to win this fight in 2011.

This week's top news and views: Privacy, Security Proposals Advance; Mostashari: Leading the Way at ONC; HIE Pioneers to Securely Share Data.