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Mobile Banking vs. Online Banking – Industry News Wrap-Up – ActivIdentity Blog

Feb 13, 2012 11:21am | 1 Comment

This week's industry news wrap-up will focus on the ongoing industry debate on which is more secure – mobile or online banking. We’ll also examine the threats that are changing the way organizations respond to cyber attacks, and the proliferation of DDos tools available to potential cyber attackers today.

Mobile Banking Is More Secure Than Online Banking
In a debate on mobile banking security, Pete Daffern, CEO of Clairmail, goes head-to-head with Julie McNelley, Aite Group, looking at the pros and cons. While Daffern votes in favor of mobile banking, opining that “people always know where their phones are,” McNelley argues the PC is more trustworthy, and as online banking has been around longer, the platforms tend to be more mature in their defenses.

New, Stealthy Threats Change Best Responses to Cyberattack
Newly revised guidelines for responding to the emergence of advanced persistent threats have been released. According to the National Institute of Standards and Technology, today’s threats are stealthier than ever, gathering information over extended periods of time before leading to the exfiltration of highly sensitive data. Government Computer News’ Bill Jackson notes that, “Although risk assessments, monitoring and preventive activities can lower the number of security incidents, not all incidents can be prevented, and an incident response capability is necessary.”

DDoS Tools Flourish, Give Attackers Many Options
DDos, or distributed denial-of-service, attacks are increasingly prominent in news headlines. According to research analyst group Arbor Networks, there are now at least 55 different DDos tools available to hacktivists, such as Anonymous. The motivations behind DDoS attacks vary from revenge to extortion, though many commercial DDoS services seem to be focused on taking down competitors.

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Interior Savings Online Banking Feb 13, 2012

Internal financial savings on the web consumer banking will be getting increasingly positive since World Wide Web program is now more widespread between folks throughout the world as a result of option of broadband World Wide Web as well as the improving personal computer literacy between folks on earth.

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Mobile Banking vs. Online Banking – Industry News Wrap-Up – ActivIdentity Blog

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