Banks have improved DDoS defenses, but ensuring ongoing online reliability requires a more offensive measure - one that rids the Internet of vulnerable sites that can too easily be used for bot traffic.
As the Zaxby's restaurant breach investigation begins, the high-profile point-of-sale breach involving Subway restaurants has ended in a prison sentence for one of the four accused Romanian fraudsters.
The idea of the U.S. federal government and industry jointly developing IT security best practices will do little to help critical infrastructure operators defend against cyber-risk, says Business Roundtable Vice President Liz Gasster.
Gov. Nikki Haley devoted nearly 10 percent of her State of the State address to cybersecurity, responding to public outrage over a breach of South Carolina's tax system that exposed the records of nearly 4 million taxpayers.
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?
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.
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.
Tom Ridge, the first Homeland Security secretary, questions the wisdom of granting the Department of Homeland Security greater authority to influence IT security within the federal government and the nation's critical IT infrastructure.