Although a hacktivist group says it has suspended distributed-denial-of-service attacks on U.S. banking institutions, banking and security leaders aren't convinced. "Banks should certainly remain on guard," says Gartner's Avivah Litan.
The FFIEC has issued proposed risk management guidance for the use of social media. Find out about the key recommendations, and why experts say the guidance could prove valuable to banking institutions.
The proposal, in the form of a bill, lays out a framework that can balance the needs and concerns of government and the private sector and keep Americans safe, says Sen. Tom Carper, one of the measure's chief sponsors.
Banking institutions have spent the last two years enhancing authentication to conform to regulatory mandates. Organizations in other sectors can learn important authentication lessons from the banking industry.
How are banks responding to DDoS phase 2? "From a technology standpoint, we have improved our defenses quite a bit," says Dan Holden of Arbor Networks. Experts discuss top DDoS lessons banks have learned.
Many organizations are weighing whether cyber-insurance is a worthwhile investment. A decision on the type of policy to buy, and what it should cover, depends, in part, on the type of information that could be exposed.
What are the top account takeover threats to banking institutions in 2013? Ken Baylor of NSS Labs discusses Zeus variants, mobile malware and how institutions can protect themselves from fraudsters....
In light of growing threats and the increasing complexity of information technology, organizations must get everyone in the enterprise, especially top leaders, involved in assessing and managing information risk.
To mitigate the top threats for 2013, organizations need to understand the motivations of potential attackers so they can adequately defend their networks and systems. Experts describe risk management strategies for the year ahead.
To acknowledge individuals and organizations that are playing critical roles in shaping the way financial services organizations approach information security and privacy, BankInfoSecurity announces its inaugural list of Influencers.
The hacktivist group Izz ad-Din al-Qassam Cyber Fighters claims that its second phase of distributed-denial-of-service attacks has affected nine banks since Dec. 11, and it warns more attacks are on the way.