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.
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.
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.
"Persistent" is the operative word about the advanced persistent threat that has struck RSA and its SecurID products. "If the bad guys out there want to get to someone ... they can," says David Navetta of the Information Law Group.
"It is the biggest breach we have ever seen; and to say no financial information has been stolen is, well, understating the massive breach and concern," says Neil Schwartzman, founder and chief security specialist at CASL Consulting.
"When it comes to APTs ... you don't bother to just simply hack the organization and its infrastructure; you focus much more of your attention on hacking the employees," says Uri Rivner, head of new technologies, identity protection and verification at RSA.
A survey of American households - the same one used to determine the national unemployment rate - shows that 37,000 individuals in the United States consider themselves as information security analysts.
A well-engineered, low-tech cash advance scheme against banks in several states proves financial institutions have let their guards down when it comes to old-fashioned face-to-face fraud, according to a new alert.
Secret Service Agent Todd Bagby says cash-advance schemes are easy to fight, if banks follow best practices and in-house guidelines. "Banks should just follow their own protocol and use their own contacts to identify the person on the other end of the line."
From Facebook to Twitter, the new era of business communication and collaboration requires involvement of senior leaders to guide an organization's social media strategy and engagement. It's a big role, and it comes with significant responsibilities.