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September 07, 2012


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An interesting summary on what banks should protect and enable.
An important point you mention is the continuous testing and verification against actual incidents to ensure that you have thought of every possible way to get to the values of a bank.

Neal O'Farrell

Interesting article, except all those comments you attribute to me are simply incorrect. Not sure where you're getting your information from - probably other writers who don't check their facts.

Neal O'Farrell
Executive Director
The Identity Theft Council

Chris Skinner

Interesting Neal

Your San Francisco Small Business Week speech got a lot of coverage saying you said this, which is where i got these statements from:



Do you want to give me a corrected statement?



It is unsettling to think that the banking apps have failed security tests. Quite frankly, there is only one bank that I think is taking the correct steps to monitor online activity and protect client information. However I still hoped that the others were doing what was necessary to keep their whole system secure.

Banks should take this issue very seriously. They put in so many measures to prevent consumers from even withdrawing their own money without passing security checks. Why can't they build a more secure system for mobile banking?

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