Attacks aimed at mobile devices are progressing much more rapidly than any attacks ever waged against PCs. Organizations are in danger if they don't pay attention, says anti-phishing expert Dave Jevans.
Eric Bangerter, an executive with a $1.6 billion institution in Wisconsin, explains why the risks associated with mobile apps led his team to opt for using a Web-based platform for mobile banking instead.
Today's spear-phishing campaigns are localized, small and can slip through typical spam filters. As a result, detection practices have to evolve, says researcher Gary Warner of the University of Alabama at Birmingham.
Obtaining timely, accurate updates about emerging cyberthreats is challenging. The FS-ISAC is now offering briefings on the latest trends and how to address them, says Bill Nelson, president.
Tracy Kitten
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April 25, 2013 15 Minutes 20 Seconds
A Missouri court's judgment in an ACH/wire fraud dispute between Choice Escrow and BancorpSouth reflects an evolution in how courts view fraud liability, says cybersecurity attorney Joseph Burton.
New research from Cisco finds many consumers want banking institutions to implement stronger authentication, and they're willing to provide private information to support the identification effort.
Tracy Kitten
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April 23, 2013 12 Minutes 36 Seconds
Distributed-denial-of-service attacks jumped significantly in 2012. And it's not just banking institutions that are victims, Verizon finds in its just-released Data Breach Investigations Report.
Kaspersky Lab has identified a new spear-phishing attack involving a Trojan designed to target Android devices. Researcher Kurt Baumgartner says organizations need to be prepared for more mobile malware attacks.
E-mail authentication foils phishing, but authentication is only effective if every partner in the chain adopts it. John Carlson and Andrew Kennedy of BITS explain how institutions can improve e-mail practices.
New and proposed FFIEC guidance for fraud prevention and social media spurred Bank of the West in March to launch a viral campaign aimed at fraud awareness. What are the campaign's key elements?
What's the cost to an organization when it suffers a seurity breach and breaks trust with its own customers? Jeff Hudson, CEO of Venafi, presents results of a new survey on the cost of failed trust.
Venafi has just partnered with Ponemon Group to release a new survey, "The Cost of Failed Trust". Among the key...
When struck by DDoS, how - and what - should banking institutions communicate with their customers? Doug Johnson of the American Bankers Association advises on post-attack disclosure obligations.
DDoS attacks on banks have returned, and the attackers are changing their tactics and expanding their attack toolsets. How must organizations change the way they defend against DDoS? Carlos Morales of Arbor Networks shares strategies.
Phishing attacks are up, and the methods are changing. Paul Ferguson of the Anti-Phishing Working Group explains how phishers are fine-tuning their schemes and exploiting cross-platform technologies.
We now have seen three waves of DDoS attacks on U.S. banks, and Dan Holden of Arbor Networks says we have seen three distinct shifts in these incidents. What can we expect going forward?
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