Security Implications Sample Clauses
The Security Implications clause outlines the responsibilities and requirements related to maintaining the security of information, systems, or assets involved in the agreement. It typically specifies the standards or protocols that must be followed to protect against unauthorized access, data breaches, or other security threats, and may require regular audits or prompt notification in the event of a security incident. This clause serves to allocate risk and ensure that both parties are aware of and adhere to necessary security measures, thereby reducing the likelihood of security-related issues and clarifying accountability if they occur.
Security Implications. The future use of standardized web technologies in mobile banking will likely be similar to that of home banking using browsers and websites, but not the same. The similarities and differences allow us to distill some implications. What kept mobile banking relatively safe so far is a number of factors:
(1) Mobile banking is not as popular as home banking [iResearch 2014; Board of ▇▇▇▇▇- ▇▇▇▇ of the Federal Reserve System 2015; Banking & Payments Federation Ireland 2015]*. It is logical that malware is written for the most popular platform for online banking, since more users equals more possible fraud victims.
(2) Home and mobile banking have an overlap in supported functions. If these func- tions are security critical (such as when transferring money), the mobile banking implementation is sometimes more limited compared to the home banking imple- mentation by the same bank. Some banks in our survey only allow money transfers to previously used account numbers as destinations through mobile banking. Some others do allow first-time transfers to new accounts, but only with an extra authen- tication step or with a limit on the amount of money (which is sometimes adjustable by the user in the home banking environment).
(3) Malware aimed at home banking can be written once and customized for each targeted bank site to allow browser injection and hijacking, a modus operandi known as Man-in-the-Browser [▇▇▇▇▇ 2010; ▇▇▇▇▇▇ and ▇▇▇▇▇▇ 2012]. Malware ACM Computing Surveys, Vol. 49, No. 4, Article 61, Publication date: December 2016. A Survey of Authentication and Communications Security in Online Banking 61:9 kits are developed as an open platform to be customized by an adversary for a specific target audience [▇▇▇▇▇▇▇ 2008; ▇▇▇▇▇▇ et al. 2012]. An example of such a malware kit is Zeus, which allows (silent) injection of data in a browser session on a Windows machine [IO Active 2012]*. Such easy customization is currently not possible in the ecosystem of mobile platforms, since banks tend to write their own platform-specific code for each supported mobile operating system. Individual mobile banking application can be written in an insecure manner [▇▇▇▇ et al. 2012; ▇▇▇▇▇▇▇▇ et al. 2012; ▇▇▇▇▇▇ et al. 2015], but these applications still have an inherent security advantage because the custom code base makes large-scale attacks on multiple banks difficult. These factors slowly start to change in the evolving mobile landscape. It is claimed that the global number of mob...
Security Implications. The current contract has been subject to a fully compliant City of London tender process which ensures that all legal requirements and City of London policies in respect of security have been met.
Security Implications. Licensee understands that exceeding Usage Limitations may:
a) Compromise the cybersecurity product's effectiveness
b) Potentially expose Licensee's systems to increased security risks
c) Affect the performance and accuracy of the Software Prompt resolution of any excess usage is critical for maintaining optimal security posture and compliance with the license terms.
Security Implications. The bollards would improve the compliance of the existing traffic order. It would also provide a deterrent against vehicle-borne attacks. However, any security considerations needed for pavement licenses are subject to independent and separate assessments.