Enterprise security is vital at any kind of organization, but in few places is the need as readily apparent as banks. After all, the average bank has access to the most privileged information out there — namely, payment data, as well as direct access to customer accounts. That data is gold to hackers.
American Banker published a great article last week covering some of JPMorgan’s security strategies for mobile banking. Lloyd O’Conner explained the importance of layering multiple security technologies to protect their clients — as well as their own company — from the growing cyberthreats that not only target the online channel but are zoning in on the mobile channel as well.