The FFIEC's Cybersecurity Assessment Tool needs to be redesigned, as the tool's current design sets institutions up for cyber-risk assessment failure. Industry leaders say they're hopeful that change is on the way because the FFIEC is reviewing a second wave of comments about the tool's efficacy.
Microsoft has patched a new, critical remote code execution vulnerability affecting all versions of Internet Explorer, but it's now only supporting and patching IE 11 and Edge. Potentially, several hundred million users of old IE versions are now at risk.
Tracing bitcoin transactions, some security experts suspect multiple gangs have each amassed more than $1 billion, making them the equivalent of "unicorns" - a term venture capitalists apply to extremely successful startup firms. In case there was any doubt, cybercrime really does pay.
Reliable data specifying the number of people employed in the United States in cybersecurity field is hard to find. But one government survey shows a 5 percent increase among information security analysts in 2015.
Networking vendor Fortinet refutes a researcher's assertions that there is an SSH "backdoor" in the FortiOS firmware that runs its devices. Many experts say that while the patched flaw looks unintentional, it might still serve as a backdoor.
The discovery of a serious remote code execution flaw in Trend Micro's consumer security software - now patched - is a reminder that even security software has code-level flaws. But shouldn't security vendors be held to a higher standard than others?
When it comes to threat detection, spotting malicious insiders is one thing. They often leave a trail. But how do you protect against the accidental insider threat? Mike Siegel, VP of Products at Forcepoint, shares strategy and solutions.
BankInfoSecurity announces its fourth annual list of top influencers, recognizing leaders who are playing significant roles in shaping the way banking institutions and financial services companies approach information security.
A team of cryptographers has found that the random-number generator Dual_EC - known to have been backdoored by the NSA - was added to Juniper's ScreenOS firmware around 2008 and is still present, although the networking giant has promised to soon replace it.
The takedown of an Eastern European gang believed to have been responsible for a string of ATM jackpotting attacks serves as a reminder of why ATMs running outdated operating systems and universal access keys pose significant worldwide security risks.
The New York Attorney General's settlement with taxi-hailing platform Uber - over alleged customer data privacy violations and a delayed data breach notification - provides a best practice security template for any organization that handles customer data.
Today's enterprise infrastructure is full of blind spots that can hide malicious threats, and traditional security tools struggle to scale up to meet increased demands. How must security leaders respond? Amrit Williams of CloudPassage shares insight.
Slamming a Ukrainian energy provider for recently falling victim to a spear-phishing email and Excel macro attack might be easy. But security experts recommend all organizations use the incident to ensure they won't fall victim to copycat attacks.
A judge has dismissed a class-action lawsuit against Michaels, filed after the retailer warned that POS malware-wielding attackers had successfully stolen details of an estimated 2.6 million payment cards. But the ruling isn't a surprise - here's why.