American Express confirms it was hit this week by a distributed-denial-of-service attack. The hacktivist group that has targeted banks in recent months claims credit for this latest high-profile attack.
On the record, security experts talk about the improvements banking institutions have made in DDoS defense, and there's no doubt they have made major improvements. Off the record, they are less optimistic.
Malware, DDoS and mobile security aside, one of the biggest risks is organizations' lack of visibility into specific threats. Don Gray of Solutionary explains the need for actionable threat intelligence.
Ron Ross, the NIST computer scientist who heads the initiative that is revising the guidance, characterizes the updated publication as the most comprehensive one since the initial catalogue of controls was issued in 2005.
Although a hacktivist group says it has suspended distributed-denial-of-service attacks on U.S. banking institutions, banking and security leaders aren't convinced. "Banks should certainly remain on guard," says Gartner's Avivah Litan.
As enterprises move more applications to the cloud, continuous monitoring will play a greater role in assuring the software is patched in a timely manner, says John Streufert, DHS director of federal network resilience.
How are banks responding to DDoS phase 2? "From a technology standpoint, we have improved our defenses quite a bit," says Dan Holden of Arbor Networks. Experts discuss top DDoS lessons banks have learned.