Stories about: ETrade

RSA Security late last year acquired privately held Cyota, which offers online security and anti-fraud services to help financial institutions protect consumer accounts. CEO Art Coviello recently sat down with Ellen Messmer to discuss the Cyota acquisition and RSA's views on the future of authentication. With its anti-fraud services for banks, Cyota is a very different type of business than RSA Security traditionally has been in with its SecurID products for two-factor authentication and the BSAFE encryption toolkits.

Companies that make regulatory compliance the sole driver of their information security efforts could be weakening their long-term security posture instead of improving it, according to IT managers at the 32nd annual US Computer Security Institute conference held last week. Therefore, it's better to make compliance a by-product of a broader corporate security strategy -- not its sole end objective, they said.

Growing fears of identity theft and e-mail phishing scams, exacerbated by the recent data leaks at ChoicePoint and Bank of America, are pushing companies to adopt new IT security tools in a bid to bolster consumer confidence in online transactions.