Heading into 2013, security leaders across industry feel confident about their processes and technology. People, though, continue to create the greatest risks. Can "awareness in depth" make a difference?
PNC and Wells Fargo both reported only minor disruption from online traffic surges on Dec. 20. Has the strength of DDoS attacks subsided, or are banks getting better at defending against these strikes?
In a new alert, the OCC says banking institutions should be concerned about fraud attempts linked to recent distributed-denial-of-service attacks on prominent U.S. banks.
CISOs' top three priorities for 2013 are emerging threats, technology trends and filling security gaps, says RSA CISO Eddie Schwartz. But what new strategies should leaders employ to tackle these challenges?
Hacktivists' phase 2 DDoS attacks against U.S. banks appeared to subside Dec. 19, when only Wells Fargo reported limited online access issues. How does the latest incident compare to previous attacks?
The arrest of 10 individuals allegedly tied to a global phishing scheme that exploited Facebook is good news. But experts say banking institutions need to push stronger security and authentication to protect accounts.
Hacktivists announced Dec. 18 that they planned yet another round of distributed-denial-of-service attacks against five U.S. banks. Wells Fargo confirmed its online banking site experienced outages throughout the day.
Eurograbber got banks' attention after compromising out-of-band authentication in Europe. But researchers say it's the knowledge of the hackers behind the attack, not the Trojan, that's most concerning.
PNC confirmed its online banking site was bombarded with high volumes of traffic for the second time this week. Meanwhile, banks worldwide are watching and preparing for similar DDoS attacks.
McAfee researchers have uncovered new information about a Gozi variant, which RSA in October named Prinimalka. The Trojan, part of a blitzkrieg-like attack, is expected to hit 30 institutions in spring 2013.
Online outages affecting leading U.S. banking institutions continued Dec. 12, but only U.S. Bank confirmed its site issues were linked to a distributed-denial-of-service attack. Meanwhile, FS-ISAC outlined precautions institutions should take.
From point-of-sale hacks to malware and DDoS attacks, the top cyberthreats of 2012 have been aggressive and strong. Is it time for organizations to adopt a "hack back" strategy against perceived attackers?
Eurograbber is more than just another banking Trojan. It's an exploitation of fundamental online banking authentication practices that could strike any institution, says Check Point's Darrell Burkey.
Mobile malware and cloud-based botnets will be top cyberthreats for 2013, says Georgia Tech's Paul Royal. How should organizations address these and other upcoming threats in the New Year?
Information sharing is key. The more we share about attacks - vulnerabilities and vectors - the more we will learn about how the attacks are waged, who's behind them and what they're after.
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