Gartner analyst Avivah Litan says fraudsters are using DDoS attacks as a distraction for a new, extremely effective account takeover scheme. How should institutions respond to this emerging threat?
The FFIEC's 2012 guidelines for cloud providers highlight due diligence, and institutions that don't adequately screen vendors face trouble. Troy Wunderlich of Washington Trust Bank offers tips.
Because big data brings significant benefits - and risks - CEOs and boards of directors must take charge of developing privacy protection policies, ISACA International Vice President Jeff Spivey says.
Banking institutions have done a poor job of educating consumers about payments fraud prevention, says Aite analyst Shirley Inscoe. "Banks need to figure out how to communicate with consumers in a way consumers understand."
Version 3.0 of the PCI Data Security Standard is coming, and draft guidelines reflect the impact of recent retail breaches. PCI GM Bob Russo explains big changes to ensuring payment card security.
The old saw of a blind squirrel fortuitously finding an acorn reminds the Atlantic Council's Jason Healey of cyber-assailants from third-rate cyber-power Iran, believed to be behind DDoS attacks on U.S. banks.
Organizations won't effectively share cyberthreat intelligence until they have more efficient ways of gathering and prioritizing data, says EMC's Kathleen Moriarty, author of a new report about information sharing weaknesses....
Because mobile payments are so new, banking institutions worldwide are still trying to understand which threats to address first, says payments fraud expert Neira Jones.
The best ideas to secure the Internet do not come from the top-down government approach imposed by some foreign governments, but from the openness derived by a multi-stakeholder process, says Christopher Painter, America's top cyber diplomat.
The hotline, the communications link established between Washington and Moscow during the Cold War to avert a nuclear war, is being used to warn of potential cyber and environmental crises, the State Department's Christopher Painter says.
Kim Peretti, the ex-prosecutor who helped nab Heartland hacker Albert Gonzalez, says recent indictments offer insights into the actors behind global fraud schemes that affected 160 million cardholders.
Organizations increasingly engage with customers via social media, but managers often fail to incorporate or enforce key policies. Attorney David Adler offers tips to improve social media management.
As social media use grows, so do the risks of organizations getting caught up in costly legal disputes over ownership and assets. Alan Brill of Kroll advises on how to mitigate such risks.
When it comes to fighting fraud, technology can only go so far, says Nancy Guglielmo of BITS. So, how can banking institutions truly correct the user behavior that enables many fraud schemes?
At a time of heightened cybersecurity threats, few organizations have processes for employees at all levels to report breaches. It's time for accelerated breach response, says attorney Ellen Giblin.
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