How can banking institutions prepare for beefed up cybersecurity exams by regulators next year that likely will scrutinize their security awareness efforts? One federally funded training program could help.
Amy McHugh, a former FDIC IT examination analyst, says banking regulators will soon scrutinize C-level executives and boards of directors to gauge their cybersecurity awareness in the wake of the FFIEC's pilot cyber-risk assessment program.
Sen. Ron Johnson, R-Wis., the presumptive chairman of the Senate committee with government IT security oversight, hasn't immersed himself heavily in cybersecurity issues during his 4-year Senate tenure.
The National Institute of Standards and Technology has released a draft of guidance aimed at helping government agencies and businesses establish, participate in and maintain cyberthreat information sharing relationships.
In new guidance from the PCI Council, its leaders outline why businesses that handle card data need to address employee education. Here, experts explain why this guidance is a positive step for card security.
Sophisticated threats require advanced threat protection. A threat-focused next-generation firewall must adhere to three strategic imperatives. Learn how these imperatives improve defense against advanced threats.
A bill before Congress to encourage the sharing of cyberthreat information won't come up for a vote until lawmakers act on legislation to end NSA's bulk collection program, says Senate Homeland Security Committee Chairman Tom Carper.
Emerging reports now suggest other financial institutions may have been targeted by the same hackers who breached Chase. But how can we be sure? Mark Clancy of the Depository Trust & Clearing Corp. explains why the analysis is challenging.
An important lesson to learn from the massive JPMorgan Chase breach is that banks can't just focus on protecting card data and online banking accounts; they also must protect their customers' personally identifiable information.
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.
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.