Listen to Richard Rzasa now

According to Richard Rzasa, CIO at TD Waterhouse, in 2006, executives in the financial services industry have a decision to make: either tighten their own security, work closely with lawmakers and educate the public to increase online security, or risk having consumers move away from using the Internet for financial transactions and self-service. For firms looking to make quick security adjustments, Rzasa suggests such low-hanging fruit as removing links from e-mails, multi-factor authentication and educating customers about online security. In addition, Rzasa discusses the need for robust backup IT architectures to deal with increased electronic trading and the maturation of ASP/Web services as a viable strategy for financial firms.

Background Music "Classic Sidewalk Stroll" Courtesy Digital Riffs Music, www.digitalriffs.ca, under Creative Commons License