President Obama devoted 26 words to cybersecurity in his 2012 State of the Union address. What will he say this year? We asked IT security experts to play speechwriter, and here's what they would have the president say to Congress on cybersecurity.
The compromise of hundreds of payment cards, apparently tied to fraud worldwide, has been linked to a network hack affecting an Arizona supermarket chain. And the attack involved a new kind of malware, the chain says.
Although hacktivists announced suspension of DDoS attacks against banks, other industries are now getting hit, and banks can't afford to get complacent because of the fraud risk, says security specialist Bill Stewart.
"We felt that it was very important to come out with this and say this was how easy it is for them to break into any U.S. company, and here's how they're doing it," The New York Times' Nicole Perlroth says.
Visa's alert to U.S. card issuers about increasing global ATM cash-out schemes should serve as a warning of bigger scams to come, says ATM expert Nicole Sturgill. Why are cash-out incidents on the rise?
Throughout 2013, security professionals will continue to face evolving mobile security challenges, says Javelin's Al Pascual, who, in a new report, analyzes the changing mobile threat landscape for the year.
Using technology to prevent breaches is insufficient. Security leaders also must address the human factor, making sure staff members receive appropriate training on clear-cut policies - before it's too late.
QCR Holdings, a bank-holding company in Illinois, is moving to a new provider for commercial online banking. Why? To ensure QCR's banks conform to the FFIEC's updated authentication guidance, says CTO Michael Wyffels.
"We're going to have to find a way to address the interests of other states to ... find common ground," Secretary of State John Kerry says. "We're just going to have to dig into it a lot deeper. I don't have a magic silver bullet to throw at you here today."
The FFIEC has issued proposed risk management guidance for the use of social media. Find out about the key recommendations, and why experts say the guidance could prove valuable to banking institutions.