The National Credit Union Administration is the second federal regulator to issue a warning about fraud risks linked to DDoS. One legal expert says banking institutions must heed the warning.
Seven banking institutions that are seeking recovery of losses suffered after Heartland's 2008 breach have appealed a lower court's dismissal of their negligence claims against the N.J. processor.
Recent penalties against financial institutions for violating money-laundering regulations may not be a deterrent, says anti-money-laundering expert Kevin Sullivan. What's needed? Stronger punishments, he says.
From sophisticated malware to socially-engineered schemes, banking institutions of all sizes are under constant, multi-channel attack. How can they respond? Daniel Ingevaldson of Easy Solutions shares ideas.
Intrusion detection is challenging for most organizations, and hackers' ever-increasing skill to evade monitoring tools only compounds the problem. But Zions Bank's Michael Fowkes says big data can help.
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.
Even the brightest technologists aren't immune from cyber-attacks. Just ask Facebook. The social-media company says it fell victim to a sophisticated attack in which an exploit allowed malware to be installed on employees' laptops.
The Citadel banking Trojan is now a threat to multiple sectors. And new research suggests improved monitoring is essential for the protection of critical systems and intellectual property.
Federal regulators have issued draft guidance for the use of social media. What are the specific security risks? The FDIC's Elizabeth Khalil discusses how banking institutions can address emerging threats.
The hacktivist group Izz ad-Din al-Qassam Cyber Fighters warns that DDoS attacks against U.S. banks could resume soon. What tips do security experts offer for DDoS detection and response?
Some of the largest banks in the U.S. were unable to ward off sophisticated DDoS attacks, so what can smaller organizations do? Plenty, says Marty Meyer, President of Corero Network Security.
What skill sets and expertise make for the most seamless career transitions? Two industry experts, both with experience in banking and cybersecurity, share their perspectives.
How could 18 people pull off an alleged international bank fraud scheme involving 25,000 fake cards and $200 million in losses? One expert tells how banks can bridge the gaps that hide such scams.
The White House cybersecurity coordinator, National Security Agency director and top officials from the departments of Commerce, Homeland Security and Justice have scheduled a briefing on the administration's cybersecurity policy the day after President Obama delivers his State of the Union address.
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