The idea of a cyber war council, reportedly proposed by a financial services industry trade group, has not received an enthusiastic reception from cybersecurity experts, some of whom question its viability to defend against cyberattacks.
The Senate Intelligence Committee, by a 12 to 3 vote, has approved the Cybersecurity Information Sharing Act of 2014, which its sponsors say would encourage the federal government and private sector to voluntarily share cyberthreat information.
Attorneys for Target have requested a halt in the discovery process for class action lawsuits stemming from the retailer's December 2013 data breach until the court can consider its forthcoming motions to dismiss most of the suits.
What can banking institutions expect when examiners come calling to conduct their new cybersecurity risk assessments? Security experts share insights from institutions that have gone through the process.
Bob Russo, long-time general manager of the PCI Council, will retire at the end of the year. Stephen Orfei, his replacement, will take the helm in September. Security experts analyze the potential impact of the change.
The "Bolware" malware gang has used Web injection and "man-in-the-browser" techniques to steal up to $3.75 billion. The attack campaign demonstrates how easily attackers anywhere in the world can commit browser-based fraud.
Oracle has stopped supporting XP, but promises the next update for Java 7 -- though not Java 8 -- will still run on XP. But for how long will this continue? Security experts chart XP's "downward spiral."
Leading this week's industry news roundup, Easy Solutions partners with Q2 to provide virtual banking solutions, while Lockheed Martin releases a new version of the Industrial Defender Automation Systems Manager.
The "Energetic Bear," a.k.a. "Dragonfly," hacking campaign targets U.S. and Western European energy firms. While the hackers appear to be backed by Russia, the purpose of their attacks remains unclear.
Microsoft launched a botnet-focused takedown effort that didn't just block small-scale campaigns tied to two pieces of malware, but also resulted in an estimated 4 million legitimate site names being disrupted.