CUInfoSecurity.com Interviews Catherine Allen, CEO of BITS on Information Security at Financial Institutions

Catherine Allen is CEO of BITS, a financial service industry consortium made up of 100 of the largest financial institutions in the US. She is a noted innovator and visionary in the financial services industry. Named as one of 16 unsung heroes and rising stars by Fast Company Magazine, she led BITS from a fledgling organization in 1996 to its current status as key industry forum for cutting edge issues in financial services. She is frequently consulted as an expert on the subjects of security, e-commerce, and payments. She sits on the Boards of the Financial Services Technology Consortium, the Financial Services Sector of Coordinating Council, MIST, and Hudson Ventures, and serves on taskforces as well as a number of industry groups. In this interview Allen discusses with CUInfoSecurity.com the state of information security in the financial services industry, fighting cyber crime, threats on the horizon for financial institutions, and the initiatives BITS is working on to provide help for mid and smaller sized institutions.