After blaming a recent spate of bank robberies on banks' poor information security practices, SWIFT has changed its tune. Now it says it wants to help financial firms spot related fraud and better share information about unfolding threats.
Anonymous is threatening global banks with 30 days of distributed denial-of-service attack disruptions and temporarily disrupted the Bank of Greece website as a preview. Security experts say all banks should take the DDoS threat seriously.
A jury's decision to award $940 million in damages to electronic health records software vendor Epic Systems, which had sued India's Tata Consultancy Services alleging theft of trade secrets, serves up lessons about the importance of restricting access to all sensitive data, including intellectual property.
Banking institutions and associations are demanding that the Federal Financial Institutions Examination Council make significant changes to its Cybersecurity Assessment Tool. What action, if any, will regulators take in response?
The FFIEC's Cybersecurity Assessment Tool needs to be redesigned, as the tool's current design sets institutions up for cyber-risk assessment failure. Industry leaders say they're hopeful that change is on the way because the FFIEC is reviewing a second wave of comments about the tool's efficacy.
The primary mission of the new Global Cyber Alliance is to identify measurable ways to mitigate cyberthreats facing the public and private sectors, says Phil Reitlinger, a former DHS official and Sony CISO, who heads the new group.
Reports on the Ukrainian energy supplier hack have left many crucial questions unanswered: Who was involved, did malware directly trigger a blackout and are other suppliers at risk from similar attacks? Cybersecurity experts offer potential answers.
The FFIEC's Cybersecurity Assessment Tool is already being integrated into regulators' cybersecurity examinations, says Gartner analyst Avivah Litan. But the tool has so far led to more confusion than clarity, she says, and must be enhanced in 2016.
Conflicting cybersecurity guidance from banking regulators and a federal agency is making it more difficult for CISOs to set priorities, says Chris Feeney, president of BITS, the technology and policy division of the Financial Services Roundtable.
TalkTalk's confusion in the wake of its recent data breach, as well as mangling of technical details and failure to encrypt customer data, demonstrate the importance of having an incident-response plan ready in advance of any breach, experts say.
Gain insights from nearly 1000 IT Security professionals in more than 50 countries on today's vulnerability management programs. Get "in the trenches" information on challenges, satisfaction, and areas in need of improvement.
Download this report to learn about these key findings and the importance of:
The National Institute of Standards and Technology has issued a Guide to Application Whitelisting that provides step-by-step instructions on deploying automated application whitelisting to help prevent malware from accessing IT systems.
The so-called 30-day cybersecurity sprint championed by Federal CIO Tony Scott has resulted in a strategy and implementation plan for federal government civilian agencies that focuses on a defense-in-depth approach to IT security.
The whole idea behind vendor risk
management is that you want to be
able to verify the effectiveness of your
vendors' security practices. But with current solutions that rely on
self-reporting questionnaires, how
do you actually go about doing that?
Download this whitepaper to explore the flaws of...
Relationships with vendors are
important (or even vital) for many
organizations, but unfortunately,
there's a trade-off - the more data you
share, the more risk you acquire.
It is extremely difficult to measure
the security posture of each of your
vendors, let alone create objective
metrics around those...