Banking Technology Connections: June 12, 2012
June 12, 2012
In this week’s edition of the BTC, we see that another social media website leaked your information ("BBC News - LinkedIn passwords 'leaked by hackers' "). It also was later divulged that LinkedIn does not employ either a CIO or CTO to manage operations. We suppose that security was not a big concern within the company. Perhaps their initial assessment concluded that the worst someone could do would be to change your title to “Disney World Tram Driver” and corrupt your corporate profile for a short period of time! While LinkedIn may appear to be a low risk site, unfortunately, many of your employees using the tool most likely use the same password for their personal email and other internet sites, which further increases the chance of their information being exploited. This is a good time for you to send one of those security reminders to employees, reminding them to change their personal passwords just like they regularly change their corporate passwords!
Interesting Articles of the Week
Risk Management Exam and Your Community Bank (FDIC FIL-22-2012: Supervisory Insights Journal - Summer 12)
BBC News - LinkedIn passwords 'leaked by hackers'
Attackers hit weak spots in 2-factor authentication. Google fixes flaw w/ Google Apps
When vendors steer you wrong? FDIC to Probe Bank Payday Loans; Fiserv Software Criticized
Patch management still big stumbling block in risk management, survey shows
2012 Verizon Breach report is out
Strange but true, Admirals Bank replacing branches w/ iPad-toting, driving "bespoke" tellers
Do you have an article that you would like to share with the group? Let us know and we will add it to the list! Did you miss a newsletter? Check out past newsletters here.
6/13/12 (Boston, MA)
Wolf & Company: Do you know the role of technology risk in your compliance program? We do.
6/15/12 (Marlborough, MA)
MA Bankers Association: Risk Managers Forums Session 2
ISSA NY: Demystifying Evolving Cyber Law
6/20/12 (Farmington, CT)
Wolf & Company: CEO & Board University
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Questions? Interested in learning more about Wolf's IT Assurance and Security services?
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