Spear-phishing attacks aimed at bank employees are on the rise, and community banks and credit unions are particularly vulnerable. Learn why experts say authentication is failing to address the problem.
Hackers allegedly trafficking in personally identifiable data have reportedly breached the computers of three major data aggregators, raising doubts about knowledge-based authentication as a tool to verify identity.
Faced with the growing threat of breaches, cyber-attacks and fraud, more organizations are building robust incident response strategies that identify how an investigation would proceed. Experts offer insights on effective investigation management.
TD Bank has been ordered to pay $52.5 million in penalties for violations of the Bank Secrecy Act and securities laws as a result of failing to file timely suspicious activity reports related to nearly $1 billion worth of transactions.
Version 3.0 of the Payment Card Industry Data Security Standard, to be released later this year, will include a focus on the standardization of compliance assessments, says Bob Russo of the PCI Security Standards Council.
NIST awards a total of $7 million in grants to five organizations to develop and pilot reliable and easy-to-use identity credentials that could help build trust in online commerce and boost the economy.
On the one-year anniversary of al-Qassam Cyber Fighters' first announcement about DDoS attacks against U.S. banks, experts discuss what may happen next, including whether the group will join forces with the Syrian Electronic Army.
Phishing attempts against bank employees are on the rise. How can institutions improve their defenses? Daniel Ingevaldson of Easy Solutions offers insights on how to combat advanced phishing techniques.
The National Institute of Standards and Technology is re-evaluating a set of its special publications because of concerns expressed by some leading cryptographers that the National Security Agency might have corrupted the guidance.
Organizations still have concerns about sharing too much data and threat intelligence to help thwart attacks. But EMC's Kathleen Moriarty says organizations' fears about intellectual property compromises are overblown.
Termination of an employee after a breach should be reserved for repeat offenders, individuals who show a total disregard for the rules, those who seek to harm another or the most egregious incidents, security expert Mac McMillan contends.
Banks have a critical role to play in helping other industries with DDoS mitigation, as DDoS targets are expected to shift. Attacks against U.S. banks are proving increasingly ineffective because banks have enhanced their defenses.
Apple's inclusion of a fingerprint scanner in its iPhone 5S is an important step toward bringing biometrics into the mainstream. But there's a long way to go before biometrics supplant passwords at the enterprise level.
The House Intelligence Committee warns of threats Chinese chips pose to American IT systems. A new film embellishes that danger. Though pure fiction, the plot could help raise the public consciousness about cyberthreats.
Ransomware attacks are rising, and a resurgence of the banking Trojan Citadel after an earlier botnet takedown is partly to blame, McAfee Labs research shows. Malware expert Ryan Sherstobitoff analyzes the implications.