Amidst finger-pointing over responsibility for the $81 million online theft from Bangladesh Bank, SWIFT has issued its first-ever information security guidance to banks, telling them that they're responsible for securing their own systems.
Many financial institutions struggle with implementing effective multifactor authentication solutions. They may lack confidence in new methods or grapple with the difficulty of integrating newer technologies with legacy investments. So, what technologies and processes need to be in place to ensure MFA's adoption...
America's cyber infrastructure is under constant attack, and damage to it could have significant consequences. But the presidential candidates haven't had much to say about the issue. At ISMG's Fraud and Breach Prevention Summit, a panel of experts will address how the next president should tackle cybersecurity.
Restaurant chain Wendy's says fewer than 300 of its 5,500 locations were affected by a fall 2015 malware attack that infected a POS system not used at its other locations. The breach highlights why all franchisees under a corporate brand should use the same well-tested POS system, says Gartner's Avivah Litan.
Verizon's annual Data Breach Investigations Report has triggered an avalanche of criticism that researchers made critical errors when studying and reporting on the top 10 most frequently exploited software vulnerabilities.
The same Turkish hacking group that recently leaked data from Qatar National Bank and UAE's InvestBank apparently has leaked data that appears to belong to five banks in Nepal and Bangladesh. But are the leaks the result of new breaches?
It's one thing to talk or even plan about "What happens if we are breached?" It's quite another to undertake a true breach exercise. What are the critical elements of such a drill? Author Regina Phelps shares advice from her new book.
Israel reportedly will extradite two suspects who were indicted in connection with cyberattacks that breached JPMorgan Chase and others. Cybersecurity experts say this is the latest example of how cross-border collaboration to bring cybercriminals to justice is improving.
The Defense Advanced Research Projects Agency has awarded Georgia Tech a $2.9 million grant to develop a process for quickly identifying and then defending against low-volume DDoS attacks, which are far more common than high-volume attacks but can be just as disruptive.
Australian entrepreneur Craig Wright boasted that he was the secret bitcoin creator known only as "Satoshi Nakamoto." But his claim has been dismantled by security experts, leading one to call Wright "the world's first cryptographically provable con artist."
With today's multi-layered attack surface, traditional vulnerability management no longer suffices. Security leaders must embrace a new strategy to help identify and secure true assets at risk. Gautam Aggarwal of Bay Dynamics explains how.
The emerging threats posed by cybercrime and evolving banking services, including mobile banking, will be among the focal points of a keynote address by the Information Security Forum's Steve Durbin at ISMG's Fraud & Breach Prevention Summit in Washington May 17-18.
The influence of President Obama's cybersecurity legacy on the next administration is among the topics to be discussed at ISMG's Fraud and Data Breach Summit in Washington May 17-18. Featured speakers include NIST's Ron Ross, DHS's Phyllis Schneck and Virginia Technology Secretary Karen Jackson.
Anonymous has unleashed a DDoS campaign against banks, commencing with an attack against the Bank of Greece's website, followed by attacks against other bank websites. But the impact of the interruptions apparently has been minimal, continuing Anonymous' track record for attacks that fail to pack much of a punch.
Close on the heels of the QNB leak, the same attackers have published data that appears to be from UAE-based InvestBank. The dump appears to contain payment card data, as well as a large number of sensitive, internal files relating to the bank's employees and systems.