Banking Technology Connections: September 25, 2012

Remember the good old days when hackers targeted your customers to get them to give up their banking credentials?  Well, the times are changing and targeting customers is old school.  So, what's next?  How about hackers targeting your employees too? (U.S. banks on high alert against cyberattacks). While educating customers about information security is still very important, educating employees is becoming extremely critical.  How susceptible to clicking on a link from someone they don't know would they be?  We obviously hope that training will make them think twice, but unfortunately employees may still either click on that link or enter their passwords in places they shouldn't. 

It's up to you to act vigilantly towards these types of attacks and to help make sure your employees don't fall for them.  Ideally, you should remind employees of the risks often, but remain careful that you don't give them information security overload. While not providing enough information can be bad, overwhelming them with too much information security education can sometimes be worse.  It's important to find a balance.  Please contact me, Matthew J. Putvinski, Member of the Firm and Director of IT Assurance and Security Services at mputvinski@wolfandco.com or (617) 428-5479, if you need any assistance with your training programs.

Interesting Articles of the Week
U.S. banks on high alert against cyberattacks 
(Via @mattputvinski)

Bank of America Alleged Cyber Attack Shows Need for Cooperation
(via @banktech)

Can a video screen actually take the place of a bank branch?
(Via @AmerBanker)

FBI warns financial institutions are being highly targeted by fraudster
(via @csoonline)

New Zero Day in Internet Explorer: Microsoft Suggests Temporary Fix
(via @Security_FAQs)

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.

Upcoming Events
9/27/12 (Conference Call) 
FDIC: Banker Teleconference Series - Timely and Comprehensive Compliance Information and Insights from the FDIC

10/10/2012 (Conference Call)
FDIC: Banker Teleconference Series - Timely and Comprehensive Compliance Information and Insights from the FDIC

10/17/12 (Marlborough, MA)
Massachusetts Bankers Association: IT Audit Training 2012

11/2/12 (Atlantic City, NJ)
NJ Bankers Association: BankHorizons

12/04/12 (TBD)
NJ Bankers Association: Operations & Technology Seminar

Questions? Interested in learning more about Wolf's IT Assurance and Security services?
Please contact Matthew J. Putvinski, CPA, CISA, CISSP, Member of the Firm and Director of IT Assurance and Security services, at (617) 428-5479 or mputvinski@wolfandco.com.  If you would like to subscribe to this newsletter and receive it via email please contact Sam Sexer at ssexer@wolfandco.com.