FS-ISAC (Financial Services Information Sharing and Analysis Center) is a highly organized, well-managed, security-focused organization that fosters a growing community of financial institutions and security vendors to collaborate in fighting cybercrime. Entrust is proud to be an ongoing sponsor and the FS-ISAC Fall Summit in Washington D.C. is in full swing.
I had the privilege to participate in a mobile security panel session yesterday and it’s clear, from the spirit of the questions and the conference buzz in general, that securing the mobile channel is top-of-mind for many security professionals. This includes employees accessing corporate networks as well as customers embracing the mobile banking/commerce revolution.
Entrust launched a series of webinars and whitepapers on mobile challenges earlier this year and clearly the timing is right. One interesting anecdote I picked up from one of the top banks in the US was their uptake of around eight mobile-banking users — pretty impressive to say the least.
With mobility taking off, organized crime is focusing on this channel. And though banks know they need to roll out strong security, they also need to be mindful of the impact that security has on the user experience. Mobility, after all, is about simple, quick access to applications and services; burden your users too much and they will revolt.
More on that later …