Online outages affecting leading U.S. banking institutions continued Dec. 12, but only U.S. Bank confirmed its site issues were linked to a distributed-denial-of-service attack. Meanwhile, FS-ISAC outlined precautions institutions should take.
A day after Izz ad-Din al-Qassam Cyber Fighters announced plans for a second wave of DDoS attacks, SunTrust, Bank of America and PNC experienced intermittent site issues, and U.S. Bank acknowledged the new threat.
Izz ad-Din al-Qassam Cyber Fighters has announced the "second phase" of its hacktivist campaign, saying five major U.S. banks will be the victims of new distributed-denial-of-service attacks starting this week.
From point-of-sale hacks to malware and DDoS attacks, the top cyberthreats of 2012 have been aggressive and strong. Is it time for organizations to adopt a "hack back" strategy against perceived attackers?
The individual implementing security - the chief information officer - can't be the same as the person responsible for testing security, conducting audit and reporting on security weaknesses, South Carolina Inspector General Patrick Maley says.
Absent a uniform method, the NIST interagency report investigates credential revocation, focusing on identifying missing requirements, and suggests a model for credential reliability and revocation services that addresses those missing requirements.
The PATCO fraud dispute could have been settled in 2009, says co-owner Mark Patterson. Why did the case drag on, and what can banking institutions and fraud victims learn from PATCO's recent settlement?