Major cyberthreat concerns for banking institutions in 2014 include DDoS attacks, mobile malware, ransomware and insider threats, among others. Experts offer insights on mitigation strategies.
Most organizations today have breach response plans. But far too few test these plans before an incident occurs. Experts Michael Bruemmer and Ronald Raether discuss the essentials of breach response.
A refrigeration vendor serving Target Corp. acknowledges it was breached. Earlier, Target had confirmed its massive breach was the result of credentials stolen from one of its vendors.
In the past few months, the "Internet of Things" has gained more attention, and the cybersecurity and privacy implications are only beginning to be addressed in many quarters.
Here's a sampling of the many sessions at RSA 2014 that will provide timely insights for security specialists in the government sector on such topics as vetting foreign technologies and implementing the new cybersecurity framework.
Encryption gaps in retail payment card transactions were highlighted at a Congressional hearing that examined security failures in the aftermath of malware attacks against point-of-sale systems at Target and Neiman Marcus.
When breaches result from retailers' lax security practices, merchants should be obligated to help banking institutions cover fraud losses and other post-breach expenses, says Viveca Ware of the Independent Community Bankers of America.
RSA 2014 will offer many insights on how banking institutions can address a wide variety of security threats. Here's a guide to educational opportunities.
Data loss prevention is more important now than ever before. Targeted attacks increased by 42 percent in 2012, with an average of 8,350 identities lost per breach. Watch this 5-minute video from Symantec to understand how a DLP solution may impact your organization.
As Congressional leaders look for answers about why U.S. card security is failing, there hasn't been enough discussion surround why EMV can't easily fix our system. And the card brands have been conspicuously absent from the debate.
At a Feb. 4 Senate hearing, a senior executive from Target Corp. endorsed a shift to chip cards, combined with PINs, to enhance security, while a Neiman Marcus executive questioned if that was a prudent move.
A review of the RSA 2014 agenda shows several seminars, panels and speakers of particular interest to healthcare-focused attendees, including those focused on mobile device security and medical device hacks.
The latest data breach notification bill comes from the Senate Commerce Committee, whose chairman Jay Rockefeller says the recent string of retailer breaches means companies need to do a better job protecting their customers' information.
Several payment system experts testifying at a Senate hearing on Feb. 3 urged the adoption of chip card technology in the wake of breaches at Target Corp. and Neiman Marcus. But representatives of banking and retailing engaged in some finger-pointing.
The PCI Security Standards Council has no plans to modify its standards for payment card data security in response to high-profile payment card breaches at Target and Neiman Marcus, says Bob Russo, the council's general manager.
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