FS-ISAC has issued a white paper with tips on streamlining third-party software risk assessments. One member of a new working group explains why the adoption of standard security controls is so critical.
Banking institutions are becoming more comfortable with sharing information about cyber-attacks and fraud. And some threat-intelligence vendors are helping to pave the way for expanded collaboration.
More than two-thirds of IT security specialists working for the U.S. federal government say their agencies are ill-prepared to adequately defend their IT systems, a new survey reveals.
IT security pros see metrics as a useful tool to validate operational performance. But many organizations' top leaders evaluate security on cost. It's time to bridge that gap.
South Carolina's Revenue Department went nearly a year without a chief information security officer before its tax system was hacked this summer. The agency's chief says the state couldn't find a qualified candidate for the job that pays $100,000 a year.
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.
The guidance discusses methods, techniques and best practices for the sanitization of target data on different media types and risk-based approaches organizations can apply to establish and maintain a media sanitization program.
Everyone is talking about big data. But Zions Bancorp is actually doing something with it - using data to enhance fraud detection and account monitoring. Aaron Caldiero offers tips for how banks can derive maximum value from big data.
FTC settlement agreements in two cases involving data exposed on peer-to-peer networks offer a reminder of the risks involved in using the networks. Social Security numbers, healthcare information and other personal details were exposed.
The online dating website eHarmony has warned a "small fraction" of its users of a June 6 breach that likely exposed hashed passwords. Whether the incident is related to a LinkedIn breach has not been confirmed.
From mobile and the cloud to DDoS attacks and risks surrounding big data, what should banks and credit unions do now to mitigate exposure? Gartner's Anton Chuvakin offers his top recommendations.
Banks have a lot of data, but how well is it integrated? How much are institutions gleaning from the data they house? State Street Corp's chief scientist says financial services could be doing more.
Do banks and credit unions use all the data they collect? One credit reporting bureau says they could be doing more with their data to track and prevent fraud.
Payments processor First Data warns about an uptick in trolling - hackers sniffing networks for easy access to merchants' point-of-sale systems. What can banks do to help merchants prevent breaches?
Symantec says Internet vulnerabilities are down, but don't get too comfortable. We can expect more attacks in 2012. Why are the same threats still posing so much concern?
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