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.
With Congress facing $1.2 trillion in budget cuts, Federal Chief Information Officer Steven VanRoekel says funding for cybersecurity initiatives will likely be affected. But with smart planning, government information technology should not be placed at risk.
Mobile attacks are on the rise, and banking institutions need stronger authentication and better defenses against out-of-band compromises. But what else should banks be doing in 2013? Experts weigh in.
If we're at war, the fight so far is unbalanced, and the U.S. should be grateful its cyberspace adversary is Iran. "We're probably not very prepared for a virtual conflict against a really competent state, such as Russia or China," says Rand Corp.'s Martin Libicki.
Which fraud trends need the most attention from U.S. banking institutions in 2013? Distributed-denial-of-service attacks and account takeover, says FS-ISAC's Bill Nelson, who offers fraud-fighting tips.
In light of growing threats and the increasing complexity of information technology, organizations must get everyone in the enterprise, especially top leaders, involved in assessing and managing information risk.
Peer-to-peer, near-field communications and barcode scans are revolutionizing mobile payments. What unique risks do these emerging technologies pose to banking institutions? Two FDIC executives offer insights.
Like the cartoonish Kilroy peeking his head over a wall during World War II, unemployment among IT security professionals has bared its head. But don't take these stats as gospel. The data suggest 'full employment' reigns in the infosec community of workers.
To mitigate the top threats for 2013, organizations need to understand the motivations of potential attackers so they can adequately defend their networks and systems. Experts describe risk management strategies for the year ahead.