NCUA Chairwoman Debbie Matz urges credit unions to maintain a state of readiness and to work prudently and flexibly to address financial needs of federal workers and other individuals affected by the impasse on federal spending.
Experts say banks and retailers are doing all they can to control concerns in the aftermath of the Epsilon e-mail breach, and a well-crafted e-mail fooled an RSA employee into opening a phish that led to a sophisticated attack on the company's information systems.
Most furloughed federal employees would have had to turn in their BlackBerries and other mobile devices in a U.S. government shutdown. Just as well, using the technology could have resulted in an employee landing in the slammer.
It's serious news that RSA's SecurID solution has been the target of an advanced persistent threat. But "It's not a game-changer," says Stephen Northcutt, CEO of SANS Institute. "Anybody who says it is [a game-changer] is an alarmist."
A U.S. District Court in Texas granted motions made by acquiring banks Heartland Bank and KeyBank to dismiss civil actions brought against them for their involvement in the 2009 Heartland Payments Systems data breach.
When it comes to e-marketing and the reliance on third parties such as Epsilon, Nicolas Christin of Carnegie Mellon University says banks and merchants should "come clean" about the information they share with outside entities.
Communicating with customers about the incident and warning them not to click links in phishing e-mails are all these impacted institutions and companies really can do, says Jeremiah Grossman, chief technology officer of WhiteHat Security.