Cyberthreats, including distributed-denial-of-service attacks, are growing worldwide. So FS-ISAC is expanding its information sharing efforts internationally to help financial institutions counter the threats, says Bill Nelson, the organization's president.
DDoS attacks on U.S. banks will continue, and community institutions may well be the next major targets. Rodney Joffe of Neustar offer tips for how smaller institutions can assess and mitigate DDoS risks.
In an interview about DDoS threats and defenses, Joffe discusses:
Why community banks must consider...
In defending against distributed-denial-of-service attacks, enterprises must comprehend the motives of the cyber-assailant, Booz Allen Hamilton's Sedar Labarre says. He outlines how organizations should assess their risks.
The OCC's DDoS risk warnings to community banks may indicate more regulatory scrutiny is on the way. Banks should prepare for more oversight of their cyber-attack reporting and threat mitigation practices.
If everyone supports the idea of sharing cyberthreat information, then why is information sharing so difficult? Shawn Henry, a former investigator with the FBI, tells how organizations can clear their biggest hurdles.
A distributed-denial-of-service attack in Europe highlights the need for Internet service providers to implement security best practices to prevent future incidents and protect their users, ENISA's Thomas Haeberlen says.
Breach statistics for 2012 show DDoS attacks dramatically increased in all sectors, says Verizon's Dave Ostertag. "If your organization, company or agency has a presence on the Internet, you're a potential victim now."
In this exclusive interview, Tim Horton of First Data explains how the nation's largest credit card processor is helping financial institutions and merchants mitigate risks posed by malware and DDoS attacks.
Dan Holden is among the DDoS experts saying banks should expect hacktivist attacks to resume soon. "It may not be next week, but I would be surprised if we did not see attacks resume the week after that."
Mark Weatherford, who recently stepped down as DHS deputy undersecretary for cybersecurity, says that although planned OpUSA DDoS attacks may initially be a nuisance, they represent a genuine long-term threat to the government.