Software applications are the lifeblood of every organization, and today's #1 IT security threat is vulnerabilities in these applications. Complexity, interconnection and criticality of source code have resulted in a dangerous proliferation of vulnerabilities and risks.
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Comptroller General Gene Dodaro uses the approaching 10th anniversary of the Sept. 11 terrorists attacks to assess the progress DHS made in implementing its security missions, including cybersecurity.
Layered security is one of the core tenets of the new FFIEC Authentication Guidance - and it's perhaps the most effective strategy for detecting and preventing banking fraud schemes. But what are some of today's most mature approaches to layered security, and how are banking institutions employing them to detect and...
Whether you're preparing for the upcoming HIPAA compliance audits, pondering a move to cloud computing or developing a social media policy, it pays to get privacy and security tips from experts in the field.
With the FFIEC Authentication Guidance update, regulators have raised the bar: Traditional security controls are insufficient. Banking institutions now must adopt a layered approach to securing high-risk online banking systems.
But how does one choose among all of the layered security options? And then, after...
For too long, banking institutions have paid only lip service to the need for developing information security awareness and education programs for their customers.
But now, as directed by the FFIEC Authentication Guidance, institutions as of January 2012 are expected to manage a robust awareness and education...
"If left unaddressed," GAO says, "these issues will continue to increase FDIC's risk that its sensitive and financial information will be subject to unauthorized disclosure, modification or destruction."
Rep. Mary Bono Mack, at left in photo, wants security provider McAfee to brief the House subcommittee she chairs on its report of cyberattacks waged against governments and global businesses for more than five years it labels Shady RAT.
Documenting procedures for the State Department's custom-made, continuous-monitoring tool known as iPost will help ensure that the data collected are appropriately used to protect the agency's global IT system, a GAO audit says.
The updated FFIEC Guidance on Authentication in an Internet Banking Environment, released in June, set a new standard for online banking security. The guidance calls for a layered security approach and stronger more effective authentication techniques, including replacing challenge questions based on shared secrets...
"The lack of individual accountability over user accounts provides ample opportunities to conceal malicious activity such as theft or misuse of veteran data," VA Assistant Inspector General Belinda Finn says.
DOD's ability to develop an overarching budget estimate for full-spectrum, cyberspace operations has been challenged by the absence of clear, agreed-upon departmentwide budget definitions, GAO auditors tell the House Armed Services Committee.
Though America remains dominant on land, sea and air, technical and economic barriers to gain entry in cyberspace are much lower for adversaries, and as a result, place the United States' networks at great risk, GAO says.
In the wake of devastating cyber attacks and fraud losses to banking institutions and customers, the FFIEC has issued its first online authentication guidance since 2005. Banking regulators will begin assessing institutions by this new guidance in 2012, so it's imperative to attend this session and gain expert insight...
As banking institutions seek tremendous cost savings from cloud infrastructure and services, two key factors must be considered: The Patriot Act, which has strict stipulations regarding access to data and where it is stored, and the protection of data -- even from third party service providers.
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