BankInfoSecurity.com

Verisign, operator of two of the 13 root name servers that route traffic on the Internet, has revealed that outsiders attacked its computer network several times in 2010, but top management did not learn of the incidents until September 2011.

Risk-management professionals must think outside of the box in terms of innovation, research and development and partnerships.

Establishing an effective security incident response program is a key component of an information risk management strategy. And NIST has issued draft guidelines to help organizations implement such a program.

Consumer behavior is the biggest concern when it comes to online risks posed by social media. But Bill Wansley of Booz Allen Hamilton says financial institutions can manage those risks. What steps does he recommend?

Rep. Dan Lungren, the bill's chief sponsor, contends the regulatory approach taken by his bill would be less intrusive on the private sector than proposed Senate legislation and a plan by President Obama.

The hacking group Anonymous Brazil has targeted the websites of several of Brazil's top financial institutions, including Banco Bradesco and Banco do Brasil, with distributed denial-of-service attacks, leaving the sites in the dark, the Associated Press reports.

The FDIC has issued revised guidance describing potential risks associated with relationships to third-party payment processors. What are regulators' new risk-management expectations of banks?

"These changes might not otherwise be troubling but for one significant change to your terms of service: Google will not permit users to opt out," the leaders of a House panel say in a letter to Google CEO Larry Page.

Regulators have hinted at it, and industry experts say it's coming. U.S. banking institutions can expect to see new guidance for mobile banking. The open questions are: When, and in what form?

The University of Hawaii has agreed to settle a class action lawsuit involving data breaches affecting about 96,000. It agreed to provide those affected two years of free credit monitoring and credit restoration services.