The next director of the National Security Agency is a trained cryptographer who'll need to use his years of experience as a top Navy leader to implement reforms at the agency rocked by the leaks of former contractor Edward Snowden.
The virtual silence on cybersecurity in President Obama's State of the Union address shouldn't be construed as a lack of commitment by the administration on information security, a White House spokeswoman says.
The hacktivist group European Cyber Army on Jan. 28 said it waged DDoS attacks against Bank of America and JPMorgan Chase. DDoS-tracking sources say the botnet involved is the same one used for 2012-2013 attacks against U.S. banks.
While details surrounding a suspected breach at Michaels remain unclear, two U.S. card issuers say they believe the retailer was targeted by point-of-sale malware similar to what compromised Target and Neiman Marcus.
President Obama is expected to name Navy Vice Admiral Michael Rogers to replace Gen. Keith Alexander as director of the National Security Agency and nominate him to be commander of the Cyber Command, according to news media reports.
Representatives of the American Bankers Association, the National Retail Federation and the PCI Security Standards Council are among those slated to testify at a Feb. 3 Senate hearing on safeguarding consumers' financial data.
Arts and crafts retailer Michaels is looking into a possible data breach that may have led to fraudulent activity on U.S. payment cards. But experts disagree about whether there's a connection to the Target and Neiman Marcus attacks.
In light of recent high-profile retail breaches, The Financial Services Roundtable is asking Congress to pass a national data breach notification law and expand oversight of the retail and telecommunications sectors.