Banking Information Security Podcast

Interview with Jane Larimer, Executive VP of NACHA, on what financial institutions and business customers can do to combat corporate account takeover.

A review of the weeks tops news items, by Tom Field, editorial director of Information Security Media Group.

Interview with Larry Marik, New Chair of the Nebraska Bankers Association There is a sense that Congress soon will pass historic banking regulatory reforms - and soon after, community banking institutions will start to feel the impact. "Community banks were not the problem, but community banks will be part of the solution," says Larry Marik, newly-elected chair of the Nebraska Bankers Association. In an exclusive interview, Marik, also the chairman of the First National Bank of Columbus and Norfolk, discusses: The state of banking in Nebraska today; How the association advises member banks to fight fraud; What banking regulatory reform means to Main Street Institutions. Marik has been with First National Bank of Columbus since 1980, serving as vice president of retail services and marketing, senior vice president, president, and currently as chairman of the board of directors. Marik understands the importance of community involvement, having served in numerous leadership roles within Columbus, Neb.

'I Wanted to Prosecute Hackers' Kim Peretti, former senior counsel with the Department of Justice, led the successful prosecution to put TJX/Heartland conspirator Albert Gonzalez and his co-conspirators behind bars. In an exclusive interview she discusses: How she started her career; Keys to her success; Advice to young professionals just starting out "I hadn't thought of criminal law, but I was very interested in seeing what I could do in prosecuting hackers."

A review of the top news items you should be paying attention to this week, including: Exclusive interview with former federal prosecutor Kim Peretti; FFIEC issues revised AML/BSA exam guideline; How to respond to vishing attacks. Be sure to listen to this overview, and check out all of the week's news and views on BankInfoSecurity.com

In an exclusive interview, Kim Peretti, former senior counsel with the Department of Justice, offers an inside look at these investigations.

Fraud - its forms and reforms - was the top news story in April. Listen to this audio overview of the month's top news items, including: Hancock Breach Reveals New Trend; P2P Payments: Simple, Secure Transactions; How Do You Recover Your Reputation?

Interview with Allan Bachman of the Association of Certified Fraud Examiners The magnitude of fraud schemes has grown - the scale and the losses. But the basics of fraud investigation remain sound. And if there's one thing people should know up front, says Allan Bachman of the Association of Certified Fraud Examiners (ACFE), it's this: "In their initial stages, fraud and stupidity look an awful lot alike." In other words, an investigator who stumbles upon what appears to be just a stupid mistake might want to dig further. Stupidity often ends up being cleverly disguised fraud, Bachman says. In an interview with Editorial Director Tom Field, Bachman discusses: Current fraud trends; When a breach becomes an actual investigation; What it takes to be a fraud examiner today. Bachman, CFE, MBA, is responsible for seminar development and the educational content of all ACFE conferences and online learning. Most recently he worked in Higher Education as director of an audit unit and was project manager on severa

A review of the top news items you should be paying attention to this week, including: $500 million money laundering bust; Reg E reform discussed in D.C.; Cyber crime threats. Be sure to listen to this overview, and check out all of the week's news and views on BankInfoSecurity.com

A review of the top news items you should be paying attention to this week, including: P2P Payments: Banking's Future? Fighting Fraud in the Re-Set Economy; Does New Breach Law Have Teeth? Be sure to listen to this overview, and check out all of the week's news and views on BankInfoSecurity.com

Interview with Robert Richardson, Director of CSI How vulnerable are organizations to cyber attack? It depends on your definition of "vulnerable," says Robert Richardson, Director of the Computer Security Institute (CSI). "There's vulnerable," he says, "and then there's likely to be attacked." In an interview about current threats, Richardson discusses: Ramifications of the Google attacks; Security implications of Web 2.0 technologies; What organizations can do now to minimize their risks. Richardson has served on the CSI staff since 2003, having worked IT in various capacities for twenty years. He's given keynote presentations on three continents, often speaking about the CSI Computer Crime and Security Survey, an undertaking he directs each year. Prior to CSI, he was Senior Editor of CMP's Communications Convergence magazine for two years, where his beats included telecom security, wireless, Internet messaging, and next-generation phone systems. Before that, Robert was a frequent contributor to magazine

How to Identify Fraudsters Inside and Outside the Institution There are some great technology solutions to help detect fraud, but none of them are worth a cent if banking institutions don't have the people and processes in place to maximize these solutions. In an interview focused on current mortgage fraud trends, Cindi Dixon, president of Mela Capital Group of Florida, discusses: How institutions can identify fraudsters; Why credit unions generally are better than banks at preventing fraud; Tips about technology solutions that can help fight mortgage fraud. Mela Capital Group is a nationally recognized mortgage fraud mitigation and credit risk management consulting firm that has audited $5 billion in high risk mortgage loans for private industry and law enforcement. As a recognized industry expert in mortgage and securities fraud investigation and operational procedure, Cindi Dixon, President, provides expert witness testimony and is a frequent presenter at public speaking engagements. As a private cont

A review of the top news items you should be paying attention to this week, including: Should Banks be Liable for Business Losses to Fraud? Mortgage Fraud: Education is Key to Prevention; Social Media: What Every Senior Leader Must Know. Be sure to listen to this overview, and check out all of the weeks news and views on BankInfoSecurity.com

Interview with Howie Wu, VP Virtual Banking, Boeing Employees Credit Union Increasingly, consumers long for a simple payment solution that allows them to send money to family and friends via email or text message. Boeing Employees Credit Union (BECU), Washington's largest credit union, is at the forefront of the person-to-person (P2P) payments revolution. And in an exclusive interview, Howie Wu, VP of Virtual Banking, at BECU, discusses: How BECU's Popmoney initiative was deployed; Security challenges that had to be addressed; Tips for other institutions looking to offer P2P payments. Wu has over 10 years experience in the financial services and information technology industries and has been with BECU since 2003. In his role as the Vice President of Virtual Banking, he is responsible for leading BECU's strategy as it relates to all remote delivery channels. He has played a major role in defining and implementing changes that impact the member experience within the ATM, online, telephone and mobile chann

Interview with Prof. Sree Sreenivasan of the Columbia Graduate School of Journalism Social media aren't just coming - they're here. And senior leaders need to understand how to maximize Facebook, LinkedIn, Twitter and other popular sites, as well as how to protect their organizations from very real security risks. In an exclusive interview, Prof. Sree Sreenivasan, Dean of Student Affairs at the Columbia Graduate School of Journalism, discusses: What's most misunderstood about social media; How organizations can benefit most; Ways senior leaders can improve their own professional lives. Sreenivasan is a technology expert and dean of student affairs at the Journalism School, where he teaches in the digital journalism program. He specializes in explaining technology to consumers/readers/viewers/users. For more than eight years, he served as technology reporter for WABC-TV and WNBC-TV in NYC and now occasionally appears on various TV shows to talk tech. For more than six years, he wrote a Web Tips column fo

Genie Laborde and Robert Nolan on How to Help Prevent First Party Fraud Want to know if a prospective loan customer is lying? Watch their eyes. And their breathing. And especially whether they move their lower lip. These are the tips from Robert Nolan, a former mortgage banker, and Genie Laborde, an author and speaker, who have teamed up to offer training for banking institutions looking to reduce first party fraud. In an exclusive interview, Laborde and Nolan discuss: Trends in first party fraud; Why facial expressions are key; What organizations can do now to reduce fraud. Laborde is the author of several books, Influencing with Integrity: Management Skills for Communication and Negotiation(170,000 sold); the follow-up book, Fine Tune Your Brain: When Everything's Going Right and What To Do When It Isn't, and the workbook 90 Days to Communication Excellence. Influencing with Integrity has been translated into French, Spanish, German, and Polish. Her latest is Influencing with Integrity on the Internet

Payment cards and ACH fraud have dominated the headlines, but mortgage fraud remains a very real threat to banking institutions and consumers alike. In an exclusive interview, Leigh Williams, BITS President at the Financial Services Roundtable, discusses: Mortgage fraud trends of top concern; Risks to banking institutions and consumers; Immediate steps to take to reduce mortgage fraud. Williams was appointed President of BITS in April 2007. Previously, Leigh was a Senior Fellow at the Kennedy School of Government at Harvard University, in the Mossavar-Rahmani Center for Business and Government. While at Harvard, his research focused on public and private sector collaboration in the governance of privacy and security. Prior to joining the Kennedy School, Leigh worked for many years at Fidelity Investments in various risk management, security and privacy roles, including Chief Risk Officer and Chief Privacy Officer. His most recent position at Fidelity was Senior Vice President, Public Policy. While with Fid

Interview with Gartner's Roberta Witty Organizations have made strides in business continuity/disaster recovery (BC/DR) planning. But BC/DR professionals need to sharpen their business skills to truly protect their organizations. This is the stance taken by Roberta Witty, research VP at Gartner. In an exclusive interview, Witty offers candid insight on: Today's top BC/DR challenges; Where organizations are most vulnerable; What BC/DR professionals need to do to be more effective. Witty is part of the Compliance, Risk and Leadership group within Gartner. Her primary area of focus is business continuity management and disaster recovery. She is the role specialty lead for the Gartner for IT Leaders (GITL) business continuity manager role. She is also a GITL Premier coach for Security and Risk. Prior to joining Gartner, Witty managed the global technology risk management function for the corporate trust business of The Chase Manhattan Bank. In this role, she was responsible for awareness, advisory and compli

Interview with H. Peet Rapp of ISACA's Cloud Work Group Everyone is talking about cloud computing these days - but are they having the right conversations? H. Peet Rapp is an information security auditor who sits on ISACA's Cloud Computing Work Group, and he's co-author of the white paper Cloud Computing: Business Benefits With Security, Governance and Assurance Perspectives. In an exclusive interview, Rapp discusses: Cloud computing trends; What's most misunderstood about the cloud; How organizations should proceed with their own cloud deployments. Rapp entered the IT audit/compliance profession in 2003, after publishing the widely read paper "An IT Executive's Overview of the Sarbanes-Oxley Act of 2002." With his firm, Rapp Consulting, he has audited, provided risk assessments and developed IT control frameworks for more than 70 organizations and developed a reduced IT control set for non-accelerated filers.

Interview with Tom Smedinghoff of Wildman Harrold The topic has been discussed for years, but now truly is the time for organizations to invest in federated identity management. So says Tom Smedinghoff, partner at Chicago-based law firm Wildman Harrold. In an exclusive interview, Smedinghoff discusses: What's new about federated ID management; Challenged to implementing a federated strategy; How to build a solid business case for deployment. Smedinghoff is a partner at Wildman Harrold, where his practice focuses on the new legal issues relating to the developing field of information law and electronic business activities. He is internationally recognized for his leadership in addressing emerging legal issues regarding electronic transactions, information security, and digital signature authentication issues from both a transactional and public policy perspective. He has been retained to structure and implement e-commerce, identity management and information security legal infrastructures for the federal g