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  • OCC: Third-Party Cyber-Risks Growing

    Director Offers Review of New Cyber-Resiliency Guidance OCC: Third-Party Cyber-Risks Growing

    Kevin Greenfield, director of bank IT for the Office of the Comptroller of the Currency, says FFIEC agencies are working to help financial institutions shore up cybersecurity, and a big focus for regulators is third-party risks. Read more...

  • Fed, State Regulators: Reform Is Needed

    OCC, NY DFS Call for Better Standards, Info Sharing Fed, State Regulators: Reform Is Needed
    Thomas Curry and Benjamin Lawsky

    Banking institutions' technical and procedural shortcomings pose increasing risks to the nation's critical infrastructure, two banking regulators note. Learn why they say more transaction monitoring and information sharing are needed. Read more...

  • Apple Pay: Authentication a Soft Spot

    Mobile a Breeding Ground for Counterfeit Card Fraud Apple Pay: Authentication a Soft Spot

    New exploits linked to Apple Pay aren't compromising the mobile device's security, but instead are taking advantage of lax authentication practices used by banking institutions to verify cards that are loaded to the iPhone for Apple Pay purchases. Read more...

  • What is Gov't Role in Info Sharing?

    Researcher Says Private Sector Input Will Hinge on Trust What is Gov't Role in Info Sharing?
    Lance James

    This year could mark a turning point for the sharing of threat intelligence, but only if the government is able to build a framework that instills private-sector trust, says threat researcher Lance James. Read more...

  • Hackers Steal Trading Algorithms

    Attacks Aimed at Hedge Funds, Trading Firms Hackers Steal Trading Algorithms

    Hackers have been stealing the secret trading algorithms that are the lifeblood of many hedge funds and high-frequency trading firms, according to two security companies. What can be done to mitigate the risks? Read more...

  • Article

    Could Costs Impede Info-Sharing Plan?

    Scrutinizing Obama's Cyberthreat Information Sharing Strategy By Eric Chabrow
    Could Costs Impede Info-Sharing Plan?

    Small and mid-size businesses might not be able to afford participating in voluntary programs to share and receive cyberthreat information, as President Obama has proposed, industry representatives tell Congress.

  • Article

    Apple, Android Prep 'Freak' Fix

    Exploiting Crypto Flaw Breaks HTTPS on Devices, Sites By Mathew J. Schwartz
    Apple, Android Prep 'Freak' Fix

    Many Apple and Android devices are vulnerable to a TLS/SSL "Freak" flaw, which could be exploited to subvert secure Web connections. The flaw is a legacy of U.S. government export restrictions on strong crypto.

  • Article

    Reversal of Fortune: DHS Funding OK'd

    Boehner Persuades Enough GOP Lawmakers to Back Measure By Eric Chabrow
    Reversal of Fortune: DHS Funding OK'd

    Congress has voted to fund the Department of Homeland Security through September, the end of the fiscal year, averting another threatened shutdown that would have curtailed some cybersecurity programs.

  • Article

    Anthem Attribution to China: Useful?

    Report Links Breach to Chinese Professor; Experts Respond By Mathew J. Schwartz
    Anthem Attribution to China: Useful?

    A new report details new clues suggesting that the massive data breach involving health insurer Anthem was launched by Chinese hackers. But will such evidence help businesses blunt future APT attacks?

  • Article

    Cool Reception for Obama's Privacy Plan

    Businesses Would Help Define Consumer Privacy Bill of Rights By Eric Chabrow
    Cool Reception for Obama's Privacy Plan

    The Obama administration's discussion draft for a Consumer Privacy Bill of Rights law has some of the president's usual supporters saying they're disappointed in his proposal. Find out why.

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ARTICLE FFIEC Issues Cyber-Resilience Guidance

New business continuity guidelines from the Federal Financial Institutions Examination Council...

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ARTICLE FFIEC Issues Cyber-Resilience Guidance

New business continuity guidelines from the Federal Financial Institutions Examination Council...

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