"While these two priorities - sharing and safeguarding - are often seen as mutually exclusive, in reality they are mutually reinforcing," President Obama says in the introduction to the strategy.
The arrest of 10 individuals allegedly tied to a global phishing scheme that exploited Facebook is good news. But experts say banking institutions need to push stronger security and authentication to protect accounts.
The line between national security and civilian systems is a blurry one, says Franklin Reeder, a former OMB executive, who co-authored a report identifying ways to cross the line to defend both.
Hacktivists announced Dec. 18 that they planned yet another round of distributed-denial-of-service attacks against five U.S. banks. Wells Fargo confirmed its online banking site experienced outages throughout the day.
Eurograbber got banks' attention after compromising out-of-band authentication in Europe. But researchers say it's the knowledge of the hackers behind the attack, not the Trojan, that's most concerning.
PNC confirmed its online banking site was bombarded with high volumes of traffic for the second time this week. Meanwhile, banks worldwide are watching and preparing for similar DDoS attacks.
The National Institute of Standards and Technology has published new guidance on generating cryptographic keys to help organizations protect their data with secure keys no matter the type of algorithm they choose.
Online outages affecting leading U.S. banking institutions continued Dec. 12, but only U.S. Bank confirmed its site issues were linked to a distributed-denial-of-service attack. Meanwhile, FS-ISAC outlined precautions institutions should take.
As South Carolina officials figure out how to pay for a tax-system breach, lawmakers plan to introduce legislation as a result of the hack. Meanwhile, Gov. Nikki Haley, the face of the state's breach response, is seen unfavorably by a majority of surveyed residents.
A day after Izz ad-Din al-Qassam Cyber Fighters announced plans for a second wave of DDoS attacks, SunTrust, Bank of America and PNC experienced intermittent site issues, and U.S. Bank acknowledged the new threat.
HSBC and SCB will pay millions in penalties for violating anti-money-laundering laws. Experts say the penalties are justified, but question the deterrent effect.
Izz ad-Din al-Qassam Cyber Fighters has announced the "second phase" of its hacktivist campaign, saying five major U.S. banks will be the victims of new distributed-denial-of-service attacks starting this week.
Looking for a holiday gift for your boss who doesn't quite understand information security lingo? The National Institute of Standards and Technology has one you can give, and it's free.
A growing concern for enterprises is ensuring the integrity of the computer products they buy. What steps need to be taken to vet a product's reliability? Gartner Fellow Neil MacDonald explains.
How can banking institutions ramp up their efforts in 2013 to meet customers' growing demands for more payments security? Collaboration is the key, experts say in their review of a new fraud study.
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