As enterprises move more applications to the cloud, continuous monitoring will play a greater role in assuring the software is patched in a timely manner, says John Streufert, DHS director of federal network resilience.
"This is a business that should have known better," U.K. Deputy Information Commissioner David Smith says. "There's no doubt in my mind that they had access to both the technical knowledge and the resources to keep this information safe."
Hacktivists on Jan. 22 threatened more DDoS attacks against U.S. banks and claimed they recently hit three institutions. Despite banks' improvements in staving off online outages, the longevity of the attacks is concerning, experts say.
Banks have improved DDoS defenses, but ensuring ongoing online reliability requires a more offensive measure - one that rids the Internet of vulnerable sites that can too easily be used for bot traffic.
As the Zaxby's restaurant breach investigation begins, the high-profile point-of-sale breach involving Subway restaurants has ended in a prison sentence for one of the four accused Romanian fraudsters.
Independent monitoring shows U.S. banks doing a better job of deflecting DDoS attacks. Nevertheless, DDoS expert John Walker says the attackers continue to represent "a growing threat" to all organizations.
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.
Gov. Nikki Haley devoted nearly 10 percent of her State of the State address to cybersecurity, responding to public outrage over a breach of South Carolina's tax system that exposed the records of nearly 4 million taxpayers.
Smart phones that give many IT security managers headaches in developing security policies are being used in increasing numbers to help safeguard systems and applications, thanks to more muscular biometric features, says Steve Vinsik of Unisys.
In this newest banking fraud scheme, fraudsters use the customer service chat feature within the online banking platform to schedule fraudulent wires. How can institutions detect and prevent this scam?