Speculation surrounding the cause of the disappearance of Malaysia Airlines Flight 370 hasn't included the possibility of a cyber-attack. But one cybersecurity expert contends hacking an airliner is feasible.
The final version of the FFIEC's guidance on social media use clarifies how banks should assess consumer and third-party risks. But suggested controls for employee risks are still missing.
A new Ponemon Institute study shows the average annual cost of cybercrime for 60 major U.S. companies rose 26 percent this year. Find out some of the factors contributing to the rising cost.
Banks need to ensure they continuously monitor their cloud vendors, says Troy Wunderlich of Washington Trust, a community bank in Spokane, who outlines his institution's strategy for vendor management.
Termination of an employee after a breach should be reserved for repeat offenders, individuals who show a total disregard for the rules, those who seek to harm another or the most egregious incidents, security expert Mac McMillan contends.
The Consumer Financial Protection Bureau is the newest member of the FFIEC. So what does this additional regulatory oversight mean for U.S. financial institutions and how they prepare for future exams?
So-called patent trolling is getting attention from banking leaders and the White House. As patent attorney James Denaro points out: "Essentially every single financial institution is at risk of being accused of infringement."
Illinois-based bank holding company QCR decided to make a shift in its online-banking platform strategy after a risk assessment revealed security enhancements and customer experience improvements were needed.
The PATCO fraud case shows why banking institutions cannot rely on compliance to ensure security. In an RSA 2013 preview, attorney Joseph Burton discusses legal lessons from the PATCO settlement.
Which fraud trends need the most attention from U.S. banking institutions in 2013? Distributed-denial-of-service attacks and account takeover, says FS-ISAC's Bill Nelson, who offers fraud-fighting tips.
In a new alert, the OCC says banking institutions should be concerned about fraud attempts linked to recent distributed-denial-of-service attacks on prominent U.S. banks.
Gov. Nikki Haley realizes the potential political consequences of a breach, which explains why she held three press conferences on three consecutive days to address her administration's response to a computer breach of the state's tax IT system.
A wave of distributed denial of service attacks on banks raises the question: Should the owners of the nation's critical information infrastructure, when assessing risk, be held to a higher standard because society relies on them to function?
U.S. banking institutions are making solid progress to conform to the FFIEC Authentication Guidance, says William Henley of the FDIC. So, how are examiners responding to banks' good-faith efforts?
More than a year after issuance of the FFIEC Authentication Guidance, many smaller banking institutions still struggle to conform. How are service providers such as Q2ebanking stepping in to assist?
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