Resources for Basel II Capital Accord (Basel II)

ISACA Says US Banks Can Stem Intrusions

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ISACA, formerly the Information Systems Audit and Control Association, says that the number of suspicious and unauthorized intrusion accesses to bank computer systems can be reduced if the banks boost security staff levels and improve governance over outsourcing.

ebizQ received the following:

"According to the Washington Post, the number of US financial institutions that have experienced a sizeable increase in unauthorised intrusions and bank account losses has increased, and the cost to the banks per incident has soared," said Lynn Lawton, CISA, FCA, FIIA, PIIA, FBCS CITP, international president of ISACA and the IT Governance Institute (ITGI).

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