As the Sony and Epsilon breaches show, privacy is now in the news media every day. And organizations need to be prepared to address the issue, says Trevor Hughes, executive director of the International Association of Privacy Professionals.
Card-skimming trends continue to pose a threat to financial institutions and retail outlets, but there are steps organizations can take to fight back, says John Pearce, director of financial services for ADT Security Services.
The video gaming company Sega says it brought down its online Sega Pass gaming because of unauthorized entry of its database, in which hackers obtained some members' e-mail addresses and encrypted passwords.
Greg Rattray, VP of Security at BITS, says we can't necessarily stop the spread of dangerous malware like Zeus, but banking institutions can do a better job of mitigating the risk and damage that follow such an attack.
State and federal banking regulators closed two banks on Friday, June 17. These actions raise the year's total number of failed institutions to 61 banks and credit unions that have closed, been acquired or placed into conservatorship.
It's not easy to read into LulzSec's motivation. They seem intolerant of those who know the rules but fail to follow them, such as IT security professionals who reuse passwords. They're brazen, and they're in it for the laughs.
Organizations are starting to adapt to cloud computing, but they're hesitant about placing their core assets in the online environment, according to results from the 2011 ISACA IT Risk/Reward Barometer.
"While securing energy, financial, health and other resources remain vital, the future of the innovation and the economy will depend on the success of Internet companies and ensuring that these companies are trusted and secure is essential," Commerce Secretary Gary Locke says.
No one is really sure when the FFIEC's new authentication guidance will be issued, but we do know banking institutions can't afford to wait. Hence, our new FFIEC Authentication Guidance Resource Center.