A new banking Trojan known as Gozi Prinimalka, which researchers say has been targeted to hit at least 30 U.S. institutions, can circumvent many fraud-detection and prevention defenses. So what prevention steps should financial institutions take?
BB&T Corp. confirms it's been hit by a DDoS attack, making it the ninth U.S. bank to be targeted in five weeks. The online outage at BB&T comes on the heels of the attack that hit Capital One on Oct. 16.
When it comes to fighting DDoS attacks, institutions must understand the threats against them, says Bill Wansley of Booz Allen Hamilton. Varying attack vectors require different modes of detection and prevention.
DDoS attacks have existed for years. But the latest wave brings new threats to organizations. How should they defend against these attacks? Ashley Stephenson of Corero Network Security offers insights.
In the wake of DDoS attacks aimed at five banks, and a fraud alert from FS-ISAC, U.S. banking institutions are taking several steps, including upping technology investments. What other actions are they taking?
Malware and cyberespionage tools like Gauss are hitting U.S. banking institutions and businesses from all corners of the globe. But why are these sometimes not-so-sophisticated attacks causing so much damage?
Online attacks aimed at major U.S. banks have helped to heighten industry cooperation and information sharing. But experts say not all attacks are equal, and understanding the motivation behind the attack is key.
The FS-ISAC's decision to increase the U.S. banking industry's cyberthreat level from "elevated" to "high" is way overdue, Aite's Julie McNelley and other experts say. Here's how banking institutions should enhance security.
Financial institutions are now at high risk of cyberattack, according to the Financial Services Information Sharing and Analysis Center. What can institutions do to protect themselves from new threats?