Guide to the TechWeb Network






 




Live From BS&T Executive Summit: Can Security Be a Differentiator for Banks?
By Nancy Feig
Sep 25, 2007 at 03:27 PM ET

"Sixteen years ago, if you asked me if I was going to be dealing with the kinds of things I'm dealing with today, I would have said no," said Dick Harp, SVP and director corporate security for Huntington National Bank.

Following 9/11 Harp was forced to buy an anthrax pathogen tester for his banks, an entirely different type of security element than the traditional cameras and vaults.

Making security a value proposition and balancing security expense to make the bank grow and add value are problems that Harp is faced with daily, he said during yesterday's security session at the Bank Systems & Technology Executive Summit in Phoenix, Ariz.

As a direct bank, with no branches, MetLife Bank has its own unique set of security challenges, said Mark LaPenta, CTO and COO for the $7 billion bank. Preserving the bank's reputation and increasing customers' trust in online bank are two of LaPenta's top priorities.

Among the growing threats is ACH exploitation. LaPenta says the ACH rules require updating. Data proliferation also creates it own challenges, he says. Knowing how and where to integrate risk data into future data initiatives is a challenge.



Topics: Privacy/Security
»  Weblog Main   |   »  View Entries By Topic   |   »  View Entries By Date



COMMENTS




This is a public forum. CMP Media and its affiliates are not responsible for and do not control what is posted herein. CMP Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers.

Community standards in the message center do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this forum becomes the property of CMP Media LLC and may be edited and republished in print or electronic format as outlined in CMP Media's Terms of Service.

Important Note: The Message Center is NOT intended for commercial messages or solicitations of business.






















techweb
Online Communities TechWebInformationWeekLight ReadingIntelligent EnterprisebMightyNetwork ComputingDark ReadingDigital LibraryWall Street & Technology
Byte & SwitchNo JitterInternet EvolutionLight Reading's Cable Digital NewsContentinopleUnStrungBank Systems & TechnologyAdvanced TradingInsurance & Technology
Face-to-Face Events
InteropWeb 2.0 ExpoWeb 2.0 SummitVoiceConBlack HatCSISoftwareEntrprise 2.0 ConferenceGTEC
Mobile Business Expo
InformationWeek 500 ConferenceBuy Side Trading XchangeBuy Side Trading SummitBank Executive SummitInsurance Executive SummitTelcoTVEthernet ExpoOptical Expo
Magazines  
InformationWeekWall Street & TechnologyInsurance & TechnologyBank Systems & TechnologyAdvanced TradingMSDNTechNetSmart EnterpriseThe Architecture JournalDatabase Magazine
 
Research & Analyst Services  
Heavy ReadingInformationWeek ReportsInformationWeek Analytics
 
   
   
Ed Cals  |  Contact Us  |  Reprints  |  Ad Info  |  Media Kit  |  Send Us Your Feedback  |  RSS