NIST's Ron Ross, a big NASCAR fan, likens new security controls guidance to the tools race-car builders use to prevent drivers from breaking their necks when crashing into a brick wall at 200 miles an hour.
Hacktivists' phase 3 DDoS attacks against U.S. financial services firms have entered their eighth week, and FS-ISAC spokesman Greg Garcia says concerns are mounting that a criminal element to the attacks could emerge.
Sensitive information contained in Securities and Exchange Commission computers are at risk of being publicly exposed because of lack of proper controls, according to audits by the SEC inspector general.
American Express confirms it was hit this week by a distributed-denial-of-service attack. The hacktivist group that has targeted banks in recent months claims credit for this latest high-profile attack.
On the record, security experts talk about the improvements banking institutions have made in DDoS defense, and there's no doubt they have made major improvements. Off the record, they are less optimistic.
Malware, DDoS and mobile security aside, one of the biggest risks is organizations' lack of visibility into specific threats. Don Gray of Solutionary explains the need for actionable threat intelligence.
Ron Ross, the NIST computer scientist who heads the initiative that is revising the guidance, characterizes the updated publication as the most comprehensive one since the initial catalogue of controls was issued in 2005.
Although a hacktivist group says it has suspended distributed-denial-of-service attacks on U.S. banking institutions, banking and security leaders aren't convinced. "Banks should certainly remain on guard," says Gartner's Avivah Litan.