Kris Rowley feels she can take Sandy's punch. Having survived the battering Irene gave Vermont in 2011, the state's CISO knows how better to defend state IT as the remnants of Hurricane Sandy take aim at the Green Mountain State.
As banking institutions await a new wave of DDoS attacks, one security vendor says it foresaw one rare -but effective - element of these attacks as far back as 2006. What can banks expect to see next?
As Hurricane Sandy bears down on the U.S. east coast, many government offices, businesses and schools have closed. Organizations will soon learn: Are their business continuity plans sufficient?
The late summer breach wasn't discovered until Oct. 10, but the state waited more than two weeks before notifying the public. Gov. Nikki Haley says the state will provide taxpayers with one year of credit monitoring and identity protection.
Human genome sequencing can support groundbreaking research leading to improved treatments. But before genetic testing can become common, privacy issues need to be tackled, says Lisa M. Lee, who heads a presidential advisory panel.
Distributed-denial-of-service attacks on U.S. banking institutions will continue, says Akamai's Mike Smith. And he believes the attackers aren't out just to embarrass the banks, but to commit fraud.
Barnes & Noble is the latest retailer to be hit by a point-of-sale breach. Why do security experts and card issuers say POS breaches are pushing card fraud to a tipping point?
The big breaches make the headlines, but the smaller attacks on merchants are the ones that ultimately benefit the fraudsters and hurt banking institutions most, says Wade Baker of Verizon.
A new banking Trojan known as Gozi Prinimalka, which researchers say has been targeted to hit at least 30 U.S. institutions, can circumvent many fraud-detection and prevention defenses. So what prevention steps should financial institutions take?
BITS, the technology division of the Financial Services Roundtable, says DDoS attacks on banking institutions are likely to continue and offers a seven-point strategy for preparation and response.
Employing cloud computing services could help organizations defend against the type of distributed denial of service attacks that have temporarily crippled the online service of major American banks, says NIST's Matthew Scholl.
TD Bank's October breach notification about two backup tapes lost in March is difficult to justify, legal experts say. As a result, the bank could face lawsuits, as well as state fines.
Top executives must be transparent with their stakeholders when their IT systems get attacked. Otherwise, their enterprises' reputations could be more severely damaged, says IBM Fellow Luba Cherbakov.
HSBC Holdings, a British multinational bank, is the 10th financial institution to suffer online outages as a result of a distributed denial of service attack in recent weeks. What was the impact of the attack?
The failure to take appropriate steps to secure their IT assets leaves small and midsize enterprises vulnerable to attacks from cybercriminals seeking to pick low-hanging fruit.
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