Insurers and other financial services firms need to give wireless access–wireless local area networks (Wi-Fi)–the same level of security they provide for their wired communication networks, according to research from TowerGroup consultants.
During its annual conference in Boston today, the Needham, Mass.-based firm noted that as increasing instances of data theft hit the financial services industry, "Wi-Fi, if not properly managed, will emerge as a channel of significant threat to reputation and customer trust."
"The first and perhaps most onerous threat from Wi-Fi for financial institutions is rooted in faulty corporate IT strategy," said Bob Egan, research director of the TowerGroup Emerging Technologies practice and co-author of the research.
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