Banks have improved DDoS defenses, but ensuring ongoing online reliability requires a more offensive measure - one that rids the Internet of vulnerable sites that can too easily be used for bot traffic.
As the Zaxby's restaurant breach investigation begins, the high-profile point-of-sale breach involving Subway restaurants has ended in a prison sentence for one of the four accused Romanian fraudsters.
The idea of the U.S. federal government and industry jointly developing IT security best practices will do little to help critical infrastructure operators defend against cyber-risk, says Business Roundtable Vice President Liz Gasster.
The failure to pass privacy legislation in the U.S. hasn't stopped regulatory agencies from taking matters into their own hands - a pattern that will continue throughout 2013, says a panel of attorneys.
Banking institutions have spent the last two years enhancing authentication to conform to regulatory mandates. Organizations in other sectors can learn important authentication lessons from the banking industry.
Gov. Nikki Haley devoted nearly 10 percent of her State of the State address to cybersecurity, responding to public outrage over a breach of South Carolina's tax system that exposed the records of nearly 4 million taxpayers.
Two new insider fraud cases showcase the challenges organizations face to detect and prevent crimes by trusted employees. "You need IT controls, but you need more than IT," says researcher Randy Trzeciak.
"A year ago, quite frankly, the capability was not there," DHS Deputy Undersecretary for Cybersecurity Mark Weatherford says. "We did not have the capacity to collaborate nearly as effectively as we do now."
In this newest banking fraud scheme, fraudsters use the customer service chat feature within the online banking platform to schedule fraudulent wires. How can institutions detect and prevent this scam?
How are banks responding to DDoS phase 2? "From a technology standpoint, we have improved our defenses quite a bit," says Dan Holden of Arbor Networks. Experts discuss top DDoS lessons banks have learned.