The hackers who breached JPMorgan Chase also infiltrated about nine other financial institutions, and may be operating from Russia, according to one news report. But security experts caution against jumping to conclusions over attackers' identities or motives.
If JPMorgan Chase, which was considered one of the most secure organizations in the world, can be breached, then virtually all other banks likely are at risk, too. Experts explain why early detection and information sharing are key to mitigating threats.
The development of authentication technologies that could replace the password is "nearing a tipping point," but there's still several years of work to do, says Jeremy Grant, who oversees the National Strategy for Trusted Identities in Cyberspace.
Prompted by Heartbleed and other vulnerabilities, the White House is giving the Department of Homeland Security authority to conduct regular and proactive scans of federal civilian agency networks.
Leading this week's industry news roundup, KPMG acquires assets of Qubera Solutions, which provides identity and access management services, while Palo Alto Networks launches an endpoint protection solution.
eBay has filed a motion to dismiss a class action lawsuit filed against the company in July following a breach earlier this year. Find out why the company says the lawsuit has no merit.
"Selling spyware is not just reprehensible, it's a crime," says a U.S. Justice Department official. So why are 245 local U.S. law enforcement agencies and prosecutors giving spyware away for free?
JPMorgan Chase has confirmed that 76 million households and 7 million small businesses were impacted by a breach that reportedly began in June and was not detected until late July. One fraud expert calls the breach "a national crisis."
JPMorgan Chase labels as inaccurate a New York Times report about a second data breach against the financial institution, saying it's not aware of a new attack.
As researchers scramble to learn more about Shellshock and the risks it poses to operating systems, servers and devices, Michael Smith of Akamai explains why not all patches are actually fixing the problem.
European financial services firms and law enforcement agencies have been stepping up their efforts to trade actionable intelligence and better defend themselves against emerging malware and fraud campaigns.
Legislation signed into law Sept. 30 by California Governor Edmund Brown Jr., which amends the state's data breach notification law, contains far fewer new requirements than originally proposed.
The Justice Department announces that four alleged members of an international hacking ring have been charged with stealing intellectual property valued at $100 million, including a U.S. Army Apache helicopter simulator and Microsoft Xbox prototypes.
In the wake of this week's news that a second point-of-sale breach has struck grocery chain Supervalu, experts warn many more retailers are likely to suffer a similar fate. Find out why.
Banking institutions must mitigate all Shellshock vulnerabilities in their internal and customer-facing banking systems. Experts recommend beginning with automated and manual Bash-bug scanning, as well as educating customers about the risks.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.com, you agree to our use of cookies.