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Banking Infrastructure Security

Commentary
Financial Panic in the Age of Digital Banking and Social Media
Bank runs as a source of systemic risk are nothing new. To manage systemic risks in the age of social media, regulators may need to anticipate where the crisis will go and build in automatic brakes to slow them down. There likely won't be time to react at the speed of negotiation between regulators and bankers.
Mar 14, 2023
Report
Terrorist Use of Cryptocurrencies
Counterterrorism finance strategies have reduced terrorist access to official currencies. Will terrorist groups therefore increase their use of digital cryptocurrencies? New ones have emerged, including some that claim to be more private and secure than Bitcoin, but they also have limitations that make them less viable.
Mar 27, 2019
Infographic
Data Theft Victims, and Their Response to Breach Notifications
This infographic highlights the results of a study of consumer attitudes toward data breaches, notifications of those breaches, and company responses to such events.
Apr 14, 2016
Report
Few Consumers Penalize Hacked Companies for Data Breaches
About a quarter of American adults surveyed reported that they received a data breach notification in the past year, but 77 percent of them were highly satisfied with the company's post-breach response. Only 11 percent of respondents stopped dealing with the company afterwards.
Apr 14, 2016
News Release
One-Fourth of American Adults Notified of Data Breach in Past Year; Few Consumers Penalize Hacked Companies
About a quarter of American adults reported that they were notified about their personal information being part of a data breach in the previous year, but only 11 percent of those who have ever been notified say they stopped doing business with the hacked company afterwards.
Apr 13, 2016
Commentary
The Real Cyber Threat
The fact is that the United States needs to gear up for the coming era of cyber threats — and start by ensuring its financial flank is not catastrophically compromised, writes Mark Sparkman.
May 21, 2013
Report
Influences on the Adoption of Multifactor Authentication
Passwords are proving less and less capable of protecting computer systems from abuse. Multifactor authentication (MFA) — which combines something you know (e.g., a PIN), something you have (e.g., a token), and/or something you are (e.g., a fingerprint) — is increasingly being required. This report investigates why organizations choose to adopt or not adopt MFA — and where they choose to use it.
Apr 15, 2011