The average insider scheme lasts 32 months before it's detected, says threat researcher Jason Clark, who suggests using a combination of the right technologies and the right processes is the key to improving detection.
Mary Galligan, the just-retired head of the FBI's New York cyber unit, says the federal government can do more to help businesses take all the right steps to protect sensitive information and prevent breaches.
Banking institutions and merchants are fighting back against cyber-attacks by sharing information and assisting law enforcement investigations, says Julie Conroy of Aite, which has issued a report about account takeover and cyberfraud trends.
Nations' policies for mitigating cyberthreats can conflict with efforts to promote cyber-enabled global trade, cautions Allan Friedman, research director of the Brookings Institution's Center for Technology Innovation.
Face-to-face and over-the-phone social-engineering schemes are increasingly used to perpetrate fraud, highlighting the need for more education and real-time transaction monitoring, says Gartner's Avivah Litan.
To mark his induction into the National Cyber Security Hall of Fame, Purdue University Computer Science Professor Eugene Spafford offers insights on key challenges, including overcoming senior executives' misperceptions about key issues.
Knowledge-based authentication is no longer reliable, says fraud expert Avivah Litan, an analyst at Gartner. She explains why so-called behavioral authentication is the only reliable way to verify users.
Mitigating card risks associated with retail malware attacks and POS vulnerabilities is a focus of updates to the PCI Data Security Standard, say Bob Russo and Troy Leach of the PCI Security Standards Council.
More than 1,000 banks will test their incident response strategies by participating in a simulated cyber-attack exercise. SWACHA's Dennis Simmons says the drill, which is open to more participants, will help bolster defenses.
Phishing attempts against bank employees are on the rise. How can institutions improve their defenses? Daniel Ingevaldson of Easy Solutions offers insights on how to combat advanced phishing techniques.