To mark his induction into the National Cyber Security Hall of Fame, Purdue University Computer Science Professor Eugene Spafford offers insights on key challenges, including overcoming senior executives' misperceptions about key issues.
Face-to-face and over-the-phone social-engineering schemes are increasingly used to perpetrate fraud, highlighting the need for more education and real-time transaction monitoring, says Gartner's Avivah Litan.
Knowledge-based authentication is no longer reliable, says fraud expert Avivah Litan, an analyst at Gartner. She explains why so-called behavioral authentication is the only reliable way to verify users.
Attacks waged for cyber-espionage, fraud, DDoS and other nefarious deeds are increasingly being hired out to sophisticated hackers for specific purposes, says Symantec researcher Kevin Haley.
Small business owners are concerned about fraud, but few implement measures to adequately protect themselves and their accounts, say Michelle Di Gangi and David Pollino of Bank of the West.
Mitigating card risks associated with retail malware attacks and POS vulnerabilities is a focus of updates to the PCI Data Security Standard, say Bob Russo and Troy Leach of the PCI Security Standards Council.
Professionalizing occupations within the cybersecurity field won't necessarily help fill vacant IT security jobs in government and industry, says Diana Burley, an IT security workforce expert.
More than 1,000 banks will test their incident response strategies by participating in a simulated cyber-attack exercise. SWACHA's Dennis Simmons says the drill, which is open to more participants, will help bolster defenses.
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.
In response to today's cybersecurity challenges, Southern Methodist University has selected Frederick Chang to head a new program that will address top issues - including how to fill the skills gap.
In the wake of a year of attacks waged against banking institutions by Izz ad-Din al-Qassam Cyber Fighters, the FS-ISAC's Bill Nelson and the ABA's Doug Johnson say the need to regularly update DDoS preparedness is a critical lesson learned.
When building a business continuity plan, banking institutions too often overlook certain key processes that must be maintained after a cyber-attack or a disaster, says Dan Shannon of core banking processor FIS.
Fraud is increasing across the board, but attributing losses to certain types of fraud continues to pose challenges for many banking institutions, says Doug Johnson of the American Bankers Association.
Account takeover fraud is growing globally, and it's not just banks that are suffering, says analyst Julie Conroy. Here, Conroy explains why fraudsters continually have the upper hand.
Many banking institutions have done a poor job of addressing call-center fraud, says IDC analyst Jerry Silva, who offers tips on addressing the challenge of balancing customer service with security.
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